BitMine, an upstart cryptocurrency miner, has been in the news lately due to a very public on-their-way-to-bankruptcy aggressive Bitcoin acquisition strategy. The firm plans to invest the entirety of its $16 million from the initial public offering directly into Bitcoin. This 100%-in approach has sparked a serious storm of controversy...
Okay, let's be honest. When you heard that BitMine Immersion Technologies put all $16.34 million from their recent offering directly into Bitcoin, what was your first thought? How did you feel hearing that news? Did that make you say to yourself, “Well played, fellas!” or did you spit-take your morning...
BitMine Immersion Technologies recently finished a $16.34 million common stock offering and claims to have sold out of newly issued common stock. Their first days funded with that capital, they dove right into the Bitcoin market amassing 154.167 BTC at an average price of $106,033 per coin. That's the headline....
Okay, let's be honest. Trump’s unexpected crypto epiphany seems less a desire to embrace the coming technological and economic changes, and more like… well, you know. You might recall the uproar back in 2019 when he announced that he was “not a fan of Bitcoin.” Now, all of a sudden,...
98% of Bitcoin miner transfers going through a single pool, BTC.com, directly to Binance? Let's be real, that's not just a statistic, it's a flashing red light for anyone who remembers what Bitcoin was supposed to be: a decentralized revolution. Are we really okay with this?Centralization Threatens Bitcoin's Original PromiseWe...
Okay, let's be real. When I first learned that the Trump family was jumping into crypto with both feet, I’ll admit my kneejerk response wasn’t one of unqualified enthusiasm. I mean, really? This is the same dude who once went on record to say he is not a pro Bitcoin...
Cryptocurrency advocates have been making a lot of noise about a new trend in Bitcoin mining. Recent data indicates that BTC.com, a major mining pool, is directing a staggering 98% of its miner transfers to Binance. This concentration of Bitcoin flow presents some broader strategic implications for the market. It...
Bitcoin’s rise to $100K should be a happy moment, no? Champagne corks popping, Lambos on order...but something feels off. The elephant in the room? BTC.com sending an eye-popping 98% of its miner payouts to Binance. And that’s not merely an artistic fad—that’s a threat, a possible tectonic rumble that would...
Bit Digital, a New York-based crypto mining firm, is rattling the digital currency ecosystem. They’re doing this in a big way, though, by completely shifting their business model from Bitcoin mining to Ethereum staking and treasury management. This strategic pivot raises important questions about the associated risks and rewards. The...
D'CENT Wallet is not just sitting back. It's actively shaping the Web3 landscape. It proves this point with its “Tap That Drop” campaign, now in its third cycle. This smart contract academy exposes users to the thrilling universe of dApps and crypto assets. From explorers to collectors, participants will experience...
Okay, let's be real. Web3 can be intimidating like walking into a party where everybody’s speaking a language you don’t even know how to pronounce much less understand. Jargon is zipping by, NFTs are glimmering everywhere, and you’re almost positive someone just referred to a JPEG as a “store of...