Okay, let's be real. So when I first got wind of Eric Trump being involved in a $220 million Bitcoin play, my brain did a full-on spit take. Crypto and Trump in the same sentence? It’s like trying to combine oil and water, or perhaps, just perhaps, trying to combine...
A 7.5% decrease in Bitcoin mining difficulty – the largest in nearly two years. It sounds like good news, right? More profitability for miners, less energy consumption. What if this apparently encouraging increase is a cause for concern? If not, it would be a sign of worse, more systemic issues...
Okay, let's cut to the chase. In case you haven’t been following, there was a record bitcoin mining difficulty adjustment that just took place. That’s the largest drop since China kicked all the miners out. 7.5% down – that's huge. Some are panicking. I'm seeing something else: a blinking, neon...
The Bitcoin network evolves in real-time to ensure the viability and protection of its ecosystem. One of the most important mechanisms to do so is the mining difficulty adjustment. For the first time in two years, Bitcoin’s mining difficulty just saw a big decrease. This article will break down what...
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...
No one is doubting that IREN hitting 50 EH/s is an impressive accomplishment. Their reported $41,000 all-in cost per Bitcoin? Eye-catching. But hold on, before we all start popping the champagne. That number can start to look like a badge of honor. Instead, it shows the extent of existing vulnerabilities...
IREN Limited surpassed 50 EH/s mining capacity recently, an incredible milestone in and of itself. 50x growth in 30 months? In fact, that’s not merely a climb, it’s a freakin’ rocket launch. They’re even getting it mostly right, claiming very low production costs of only $41,000 to produce each Bitcoin....
The Bitcoin mining landscape is a razor thin competitive arena where efficiency, scale, and real cost management are key. Today, IREN is the driving force of the Congolese mining industry. To date, they have built out a remarkable 50 EH/s of mining capacity, with an equally impressive $41,000 Bitcoin production...
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...
(Insert compelling image here: Juxtapose a beautiful shot of Seneca Lake with a grimmer image of the Greenridge facility. Imagine a two-minute video capturing the beauty of the lake, and interviewing residents worried about their drinking water.Picture this—having to turn on your tap, only to not know if the water...
Binance's rapid ascent in the Ethereum liquid staking market, now commanding 20% through wBETH, isn't just another data point. It's a seismic shift demanding our immediate attention. This isn’t an exercise in congratulating one actor for their new market share. This is to help illuminate the potential consequences to the...
Meanwhile, Binance has been taking massive steps in the Ethereum liquid staking market, claiming a dominant 20% market share. This increase is one we should all pay attention to. Let’s take a deep dive into what’s fueling this growth, especially in contrast to incumbents such as Lido. Whether you’re a...
Should we worry that Binance is taking over Ethereum staking? Or perhaps it’s a sign that cryptocurrency is maturing and finally becoming more accessible to the masses. I’m not so sure that’s a dystopian future of centralized control. In reality, it might be the other way around. If nothing else,...
Let's be honest. When you think “meme coin,” you might envision a flash-in-the-pan pump and dump. One intriguing idea for a moment, but by no means something you would gamble your retirement on. I get it. What if I told you there’s a meme coin that’s actually trying to build...
The cryptocurrency market is buzzing with activity. Bitcoin is vehemently approaching the $120,000 roadblock, Ethereum is fuming with positive energy, and altcoins establish an expectation of fortuitous growth. Pepeto takes the spotlight. Amidst this backdrop, a new meme coin, Pepeto, is capturing the attention of investors. This article explores the...
For all of the previously unimagined doors that crypto could open, there is certainly risk involved. LeeChiaJian, a blogger on crypto education, stresses the need to protect your digital currency. This isn’t merely about shopping and huddling, it’s about preventing your cryptocurrency from disappearing by way of preventable blunders. Own...
Listen up, Gen Z and Millennials, we gotta talk. You went all-in on crypto, trying to get your Lambo money and your make-money-whenever life. I get it. You’re gonna lose your hard-earned crypto. Are you really protecting your digital gold, or just leaving the door wide open for calamity? Let’s...
It’s the Wild West of finance, a digital revolution with potential to churn unimaginable wealth. But as with any new frontier, it is full of perils – perils that extend beyond the risk of market crash. Here’s our rundown on the silent killers of crypto investing. These are the deceptively...