Bitcoin Miners Sold Record Amount of BTC Ahead of May’s Price Surge
With hashprice hovering near break-even levels, miners liquidated 115% of April production.
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With hashprice hovering near break-even levels, miners liquidated 115% of April production.
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.
Bitcoin miners connected to a district heating system in Finland
As bitcoin’s volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.
The two parties agreed on a 90-day mutual exclusivity period on Feb. 21 to work toward a definitive agreement.
Bitcoin miners’ reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows.
Applied Digital will be deploying HPE’s Cray XD supercomputers in its AI cloud service.
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.