Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways.
crypto mining
Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company’s board before pursuing a takoever again.
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.
U.S. Blocks China-Tied Crypto Miners as ‘National Security Risk’ Near Nuke Base
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
British Columbia Court Backs Ban on Crypto Mining in Canadian Province
Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro’s 18-month moratorium on mining.
Animated Series Futurama Takes Characters to ‘Doge City,’ Mocks Crypto Miners
Popular animated science fiction show Futurama gave a glimpse into what it thinks the future of crypto could look like in its latest episode called “How the West Was 101001” by mocking crypto miners.