A highly strategic merger currently in progress in the Bitcoin mining industry could alter the space’s competitive landscape. Gryphon Digital Mining, American Bitcoin and Hut 8 are joining forces in a powerful new alliance. Combined, they hope to be among the five largest Bitcoin miners in the world! The merger...
American Bitcoin’s new series of preferred shares have so far raised $220 million in initial funding through a private share issuance. The company has deep ties to the Trump family. It intends to leverage the majority of the capital to purchase Bitcoin and fund the acquisition of mining equipment. This...
Bitcoin mining difficulty just had a major 7.5% drop on Sunday — the biggest negative adjustment since July 2021. This decline occurred at block height 903,168. This was largely due to mining sites throughout the U.S.—especially in Texas—suspending operations because of early summer heatwaves. This change comes on the heels...
As a vertically diversified data center company, IREN seems to have made it to a critical inflection point. Their mission is to sustainably power Bitcoin mining, AI, and other high-performance computing applications with 100% renewable energy. The company’s techno-economic based Bitcoin mining strategy saw it achieve a sizable enterprise capacity...
Residents around Seneca Lake have been sounding the alarm for their drinking water. Their worries follow an explosion and fire at the Greenridge Generation bitcoin mining facility. The bitcoin mining facility in the former coal power plant. It may be a small facility, but it’s located just outside of Dresden...
PaladinMining is a cloud mining service provider, legally established in the UK since 2016. It provides a platform for users to buy mining contracts with Dogecoin and other cryptocurrencies. With their pathbreaking enterprise in clean energy sustainable cloud mining, the company is really out in front. It is committed to...
Greenidge Generation fossil-fueled Bitcoin mining operation, Yates County, New York. Yet the damage it has caused to Seneca Lake’s environment has become the focus of an extreme controversy. Local residents, environmental advocates and state officials have long trumpeted the operations of the plant as detrimental. Some of these operations even...
IREN, a company that specializes in Bitcoin mining and AI cloud services, is seeing massive topline revenue growth. They are preparing for a big move into the artificial intelligence space. The company’s last quarter results were very strong, with revenues up 43% to $64.7 million as of the end of...
Bitcoin miners are proving to be a resilient bunch, HODLing through the tough times when revenue has been cut in half by a number of market factors. Recent data indicates that miners are accumulating Bitcoin, signaling a potential long-term bullish outlook even as their daily earnings have declined. How Bitcoin’s...
Bitcoin miners are facing a double whammy of poor profitability with income dropping to the lowest level this year. The drop, which experts largely cite to the dip in Bitcoin prices and increase in operational costs, signals a tough moment for the industry.Compounding their woes, the revenue of Bitcoin miners...
Let's cut the crap. You're here because you want to make money, and I'm here to tell you how. Forget slow and steady – we're talking about a potential rocket ship: Solana ETFs.These aren't your grandma's blue-chip stocks. We’re leaping full into the crypto wild west, but with a parachute...
KULR has been awarded to supply advanced thermal management solutions for space exploration. Now, is it indeed on the cusp of becoming a Bitcoin mining superpower? Or, in a world leaning toward monopoly, are they just overreaching in a field filled with elephants? They just launched in Paraguay with hundreds...
The crypto community has been abuzz over Solana—and for good reason. Over the past month, three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly poured in $78 million. This increase is a reflection of an increasing appetite for investment products underpinned by these altcoins. This surge in inflows...
At times, the Solana blockchain felt like the only bright spot in an otherwise dismal crypto market. It is well-known for its high throughput and extremely cheap transaction fees. The Solana developer ecosystem is experiencing a massive growth spurt. This momentum drives an even greater demand for secure conversational wallets...
Okay, let's be real. We know the crypto world sometimes seems like an intense poker tournament. Everyone's got their cards close to their chest, and you're constantly wondering if someone's bluffing. I’ve been in those trenches too, lathered in anxiety about upcoming rug pulls and exit scams. That’s why I’m...
Ethereum has been on big run lately, and LeeChiaJian is here to explain what’s driving this recent boom. A few factors are at play, from macro market dynamics to unique developments occurring in the Ethereum ecosystem itself. He’ll hit on these drivers and provide some advice on how to sail...
Ethereum's been on a tear, hasn't it? A 5.8% jump in 24 hours to $2,758.52 – headlines scream "bullish momentum!" and whisper sweet nothings about impending riches. The Ethereum ETF talk is really interesting. Before you mortgage the house and dive headfirst into the ETH pool, let's pump the brakes...
Ethereum is going crazy and the fun is just beginning! I’m green with envy and not just because I need to check my portfolio. We still need to fund a rocket launch though so don’t miss our possible rocket launch to $3000 next week! We know what you’re thinking—Oh, another...