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A combination of speculators continuously opening new long positions and miners dumping נitcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain…
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave.…
There has been increased speculation over a Bitcoin miner capitulation as hash rate increases slow down, operational costs increase, and the asset price continues to fall. Analyst James Check assessed…
Leading digital asset technology firm Marathon Digital has found a way of utilizing the heat from its Bitcoin mining activities. Marathon’s latest announcement revealed that it has launched a pilot…
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system…
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to…
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and…
Last week marked a notable shift in the dynamics of the crypto market. Bitcoin (BTC) lost over 6% of its value, and U.S. spot Bitcoin exchange-traded funds (ETF) broke their…
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in…
This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider…