Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal
The deal will be all-stock based and has been approved by both companies’ board members.
Bitcoin Mining
Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue
The miner has mined 93 million worth of KAS tokens since Sept. 2023.
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
Riot is Bitfarms’ largest shareholder, owning 14.9% of the firm.
Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan
Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said.
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.
Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin
The company revealed that its also running Bitcoin and Lightning network nodes.
Biden’s Nonsensical Proposed 30% Tax Would Kill Bitcoin Mining in the U.S.
(President Joseph Biden, on Twitter/X)
ERCOT CEO: Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas’ CEO said in Senate testimony that the state’s grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
Trump’s Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
It may seem like the industry is finally getting the political support it needs. But proceed with caution.