Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K
The number of "hodled" and presumably lost Bitcoin tokens continues to surge in sync with the BTC price.
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Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing…
Northern Data AG Acquires Bitcoin Miner Bitfield — 33,000 Miners Gained in Stock-for-Stock Deal
On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern…
Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More…
Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show…
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