Bit Digital (NASDAQ BTBT) has revealed its new strategic direction, transitioning into a pure-play Ethereum (ETH) staking and treasury management firm. The firm now aims to exchange its current Bitcoin (BTC) inventories into Ethereum (ETH). It will discuss its strategic alternatives for its Bitcoin mining business. These options even go...
A mostly unremarkable quiet Montessori charter school tucked away in Michigan’s Upper Peninsula has begun to animate a fierce debate. The subject matter? How to regulate cryptocurrency mines. Lake Superior Academy, a K-5 school known for its innovative outdoor education program, had a peaceful setting — until March. That’s when...
QFSCOIN, one of the leading cloud mining platform since 2019 started its “Effortless Crypto” mobile cloud mining event. The event aims to provide a seamless, mobile-first opportunity for users to earn cryptocurrency. QFSCOIN powers Bitcoin and Dogecoin mining with multi-currency flexibility, daily payouts directly to users’ wallets and more.QFSCOIN has...
HashJ is an eco-friendly cloud mining platform that utilizes green energy. In Q3, it will begin to mint NFTs in order to fractionalize its active computing power. With this action, they hope to expand worldwide access to passive income streams via Bitcoin mining.HashJ differs in that it obtains more than...
Of late, bitcoin mining stocks have been riding on a major bitcoin-inspired upswing, fueled by heavy institutional investment and favorable macroeconomic conditions. Firms such as CleanSpark, Marathon Digital Holdings, and Riot Platforms are fueling this rally. Their bucks gained by leaps and bounds have taken notice of Wall Street and...
CoinDesk reported that Bitcoin mining stocks jumped in large part thanks to Monday’s early trading surge. The increases aligned with Bitcoin hitting a new all-time high in the European morning. Feeding the positive market sentiment is Microstrategy CEO Michael Saylor’s strategic accumulation of Bitcoin which is still going strong.Among crypto...
The Bitaxe, a compact and affordable home mining device, is spearheading a movement to decentralize Bitcoin mining and empower individual users. Bitaxe connects all these new technologies, Cashu and Lightning, in a way that brings increased privacy. This innovation brings in amateur enthusiasts that challenge the traditional monopoly of industrial-scale...
Chinese Bitcoin mining rig manufacturers such as Bitmain are steadily pumping more energies and resources into plans to build manufacturing facilities on American soil. The motivation for this strategic pivot is the 30% tariff on mining rigs manufactured in China and subsequently exported to the U.S. It seeks to avoid...
Back in June, Toronto-based SolarBank revealed its unique approach. The North American developer of renewable energy, including battery storage, projects has announced plans to invest the profits it earns from solar electricity generation into Bitcoin. This new strategy is designed to enjoy the upside potential that Bitcoin offers while significantly...