In June, Bit Digital, a New York-based digital asset company, announced its intent to transition its overall business strategy to focus primarily on Ethereum mining. The firm has recently announced the pricing of an upsized underwritten public offering. They will sell 75 million shares at $2 per share, raising a...
Bit Digital (BTBT), a company previously known for its Bitcoin mining business, is taking a big step in another direction. Well, for one thing, it’s pivoting away from Bitcoin—and staking—that’s right, digital assets are diving headfirst into the world of Ethereum staking. This latest decision raises concerns around the long...
Bit Digital’s all-in Ethereum strategy may struck some incredulous, and to be frank, it should’ve. Are they true visionary pioneers or just deluded deer dazzled by the sparkling promise of staking rewards? Let’s unpack this major move. It’s more than a business decision, it’s a signal for the entire crypto...
Let's cut to the chase. Is Bit Digital dropping Bitcoin mining for a complete Ethereum takeover? That's not just smart, it's practically visionary. And here’s why it should have you as equally excited.Power to The Community!This isn't just about swapping one crypto for another, it's about aligning with a philosophy....
Bit Digital, previously one of the top Bitcoin mining companies, has recently been in the news for pivoting its strategy to focus exclusively on Ethereum staking. Beyond yielding influence in Washington, this move signals a dramatic reorientation of the company’s priorities. It does raise important questions for the future of...
Bit Digital (BTBT) has historically mined Bitcoin. Now the company is pivoting hard in a new direction. The company is now pivoting to become a long-term dedicated Ethereum staking and treasury operation. This change goes beyond the original creation of PE. This decision includes a full withdrawal from the Bitcoin...
Forget all that noise, the Bitcoin maximalism, the lawsuit-Driven-By-Money zealousness, and the proof-of-work versus proof-of-stake debates. Bit Digital’s all-in bet on Ethereum staking isn’t just smart, it’s genius. And here’s why you should be paying attention.Staking Rewards Beat Mining RisksLet’s face it, Bitcoin mining is turning into a cutthroat competition....
The crypto world sure loves a good plot twist, now don’t they? Just when you think you have Bitcoin figured out, a major player like Bit Digital throws a curveball, ditching its mining rigs for Ethereum staking. Intended genius-level chess move or unintended bumbling desperate gamble. Let's dissect this, shall...
As a result, Bit Digital’s share price fell by 3.83% after the market close, ending the after-hours trade at $2.26. This change came on the heels of the company’s recent purchase of an industrial building in Madison, North Carolina, for $53 million. During this time, SharpLink Gaming has established itself...
Bit Digital (BTBT), a New York-based firm, is making a significant move in the cryptocurrency world by shifting its focus from Bitcoin mining to Ethereum staking and treasury operations. This decision marks an end to the Bitcoin mining enterprise altogether. Now, the company is pivoting its assets and capital to...
The landscape of crypto is rapidly changing, presenting new opportunities and risks every day. As the latest Presidential Executive Order stated, one of the biggest challenges we face is the environmental impact of Bitcoin mining. The good news is that creative solutions are coming to light, with a focus on...
The air crackles with excitement, doesn't it? It’s the promise of momentum, the sense that something fresher, something deeper is gaining ascendance. And in the deep, dark waters of crypto, that something better is finally taking the shape of green crypto. We've all heard the horror stories about Bitcoin's energy...
Furthermore, D’CENT Wallet is making waves in the Web3 ecosystem with its unique approach to engaging users and offering attractive rewards. D’CENT introduces Tap That Drop campaign, turning user engagement into a fun and interactive experience to jumpstart exploration of the Taiko ecosystem. Unlock rewards as you traverse and be...
Who wouldn’t want to mine Bitcoin from their smartphone, empowered by Swiss regulation and green energy? MiningToken, the firm behind it, seems to cast a much rosier picture of instant crypto wealth. Before you go downloading the app and dreaming of passive income, let’s pause to read a reality check....
Unlearn all the things you believe you understand about Web3. Forget the templates of code heavy tech speak and alienating code. D’CENT has been on a party throwing spree and their party is aptly named “Tap That Drop.” Truthfully, it’s the only Web3 event worth your time today.Why Are You...
The crypto space is a minefield. Let’s face it, we’ve all backed the projects that talk about building the moon and end up just sending dust balls. D’CENT has since outgrown its hardware wallet beginnings and recently introduced an all-in-one Web3 platform. Their new partnership with Taiko goes beyond this...
The Bitcoin mining landscape is always changing, with new players and new partnerships forming to change the industry’s stakes. One recent example of this phenomenon is the partnership between the Trump family, Hut 8, and Tether. This coalition would have fantastic power over the Bitcoin mining ecosystem. It raises really...
We're at a fascinating, albeit slightly terrifying, inflection point in Bitcoin's history. The convergence of Tether's aggressive mining ambitions, the Trump family's embrace of crypto, and companies like Hut 8 positioning themselves to capitalize on this new landscape is creating a potential powder keg. Put aside the philosophical arguments against...