Bitcoin Mining Braces for Turbulent Future as US Power Reforms and AI Disruption Collide
TL;DR The U.S. DOE urges FERC to streamline direct connection to the power grid for miners and AI centers. The cost to mine 1 BTC nears
TL;DR The U.S. DOE urges FERC to streamline direct connection to the power grid for miners and AI centers. The cost to mine 1 BTC nears
Cryptocurrency exchange KuCoin announced the launch of a new service called KuPool, a KuCoin mining pool that will initially support Dogecoin (DOGE) and Litecoin (LTC) mining.
TL;DR Strong Accumulation: The company’s Bitcoin treasury already represents 59% of its market capitalization. Ambitious Goal: Hyperscale Data aims to accumulate the equivalent of 100% of
TL;DR Miner rally: Bitcoin miners extended pre-market gains, with IREN up 4% and TerraWulf 5%, while others like Cipher, CleanSpark, and Bitfarms also advanced. Sector valuation:
TL;DR Bitcoin rally: Despite the US government shutdown delaying economic data and SEC reviews, Bitcoin surged past $120,000 at the start of āUptober,ā continuing its six-year
TL;DR Cipher Mining expanded its private offering of convertible senior notes to $1.1 billion, up from the $800 million originally planned. The increase comes after securing
TL;DR Financing milestone: CleanSpark secured a $100M Bitcoin-backed credit line from Coinbase Prime to expand mining and energy operations. Growing reserves: The company now holds 12,703
TL;DR American Bitcoin debuted on Nasdaq as ABTC after merging with Gryphon; it holds 2,443 BTC and aims to become a corporate BTC treasury. The company
TL;DR KuCoin’s Launch Scope: KuMining debuts with 10 EH/s Bitcoin and 200 TH/s Dogecoin/Litecoin hashrate, representing about 10% of the Dogecoin network and ranking as the
TL;DR Hut 8 announced a major expansion in the United States with four new sites in Texas, Louisiana, and Illinois, totaling 1.5 GW of capacity. The
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