Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture
The company’s shares fell after reporting third quarter sales that missed estimates by 4%.
Bitcoin Mining
Michael Novogratz’s Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
‘There’s No Catch’: Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies
Bitcoin mining provides an opportunity for independent power producers to sell their electricity on a worldwide market, according to Sangha Renewables President Spencer Marr.
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
The network’s monthly average hashrate surged to a record high, the report said.
Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at ‘Overweight’
The broker initiated coverage of HIVE with an overweight rating and $9 price target.
Blockstream Raises $210M in Convertible Note Financing Round
The money raised will be used to advance adoption and development of Blockstream’s layer 2 technologies, to grow the company’s mining operations, and expand its bitcoin treasury.
Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.
Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
Bitcoin miners connected to a district heating system in Finland
Chinese Bitcoin company mines one-third of all blocks in a day, dethrones US
The Bitcoin (BTC) mining race intensified between China and the United States, recently dominated by the former in a shift. … Continue reading
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