bitmine

BitMine Bets Big: $16M All-In on Bitcoin Treasury Strategy

BitMine Bets Big: $16M All-In on Bitcoin Treasury Strategy

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...

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BitMine's Bitcoin Buy: Genius Move or Risky Gamble?

BitMine's Bitcoin Buy: Genius Move or Risky Gamble?

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...

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BitMine's $16M Bitcoin Bet: Brilliant or a Blunder?

BitMine's $16M Bitcoin Bet: Brilliant or a Blunder?

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....

Our Takes
Crypto Dreams Crashing? UP School's Bitcoin Nightmare Shows the Dark Side

Crypto Dreams Crashing? UP School's Bitcoin Nightmare Shows the Dark Side

The new web’s gold rush offered up unimaginable wealth, a true decentralization of power, and a modern solution to life’s complexities. What do we do when that dream steps on the necks of the most vulnerable people in our communities? The situation unfolding in Dafter Township, Michigan, with Lake Superior...

QFSCOIN's Risk-Free Mining? 3 Red Flags Every Investor Must Know

QFSCOIN's Risk-Free Mining? 3 Red Flags Every Investor Must Know

Alright, let's talk QFSCOIN. Get free Bitcoin and Doge just for joining us. Sounds like a dream, right? Claims of DeFi passive income, unhackable cloud infrastructure, and even a climate change initiative passed off as innovation. They are just doing everything right, particularly for crypto beginners. Before you dive in,...

QFSCOIN: Risk-Free Crypto Mining? Unpacking the Passive Income Hype

QFSCOIN: Risk-Free Crypto Mining? Unpacking the Passive Income Hype

The crypto space hooks investors with the allure of passive income. QFSCOIN is unique in that it has developed a platform that promises to deliver no-risk crypto mining. It presents itself as a user-friendly avenue for individuals to earn daily rewards without the complexities of managing their own mining hardware....

Bitcoin Mining's Reality Check Balancing Innovation With Community Costs

Bitcoin Mining's Reality Check Balancing Innovation With Community Costs

The excitement around Bitcoin and the rest of cryptocurrency is at an all-time high, heralding in the age of a new decentralized future and investment miracle. Behind the digital gold rush, a stark reality is emerging, one that demands a serious conversation about community costs versus technological innovation. The case...

QFSCOIN: Is This The Crypto Hack That Finally Makes Passive Income Real?

QFSCOIN: Is This The Crypto Hack That Finally Makes Passive Income Real?

Now, let’s keep it real. Getting rich quick through passive income investments is a constant and tempting mirage in the crypto desert. We’ve all heard the horror stories, watched the influencers flashing their Lambos, and experienced that crushing FOMO. For the rest of us, crypto has been more focused on...

Bitcoin Mine vs. School: Noise Forces Expansion Halt in UP

Bitcoin Mine vs. School: Noise Forces Expansion Halt in UP

Nowhere is the conflict between technological advancement and community well-being more clear than in the case of cryptocurrency mining. A recent episode from the Indian state of Uttar Pradesh illustrates this conflict. Noise pollution caused by a BTC mining operation affected an adjacent public school so severely that it made...

9 Altcoins About to EXPLODE? This Crypto Party Just Got Started

9 Altcoins About to EXPLODE? This Crypto Party Just Got Started

Okay, fam, let's be real. We know you’re keeping up with the headlines and looking at those crazy Bitcoin predictions heading to $250k! We know that it’s that little FOMO demon that’s making you hesitate. It’s the fact that the Fear and Greed Index is currently flashing “extreme greed,” and...

Pi Network's Pi2Day: Innovation Fails to Boost Token Price?

Pi Network's Pi2Day: Innovation Fails to Boost Token Price?

Pi Network, famous for its mobile-first approach to cryptocurrency mining and emphasis on accessibility, recently celebrated Pi2Day. This year’s event was highlighted by the official launch of the Pi App Studio and Ecosystem Directory Staking. Together, these moves are an encouraging sign of Pi Network’s devotion towards broadening its ecosystem...