Let's be blunt. You're probably overlooking Bit Digital (BTBT). I get it. Bitcoin mining company pivoting to Ethereum staking? Sounds… weird. It’s sort of like Blockbuster deciding to be Netflix after Netflix had already beaten them. But hear me out, because this isn’t just a pivot, it's a potential paradigm...
You're seeing the headlines: Bit Digital, formerly a Bitcoin miner, is diving headfirst into Ethereum staking. Perhaps upon seeing the stock market turn down you jumped to the conclusion that “They’re toast! Wrong. Dead wrong. Similar reader outcry is not a symptom of desperation. It’s a smart play from a...
Bit Digital, once known for its role as a Bitcoin mining company, is undergoing a major strategic transformation. This week, the company made its withdrawal from Bitcoin mining official, announcing its pivot towards Ethereum staking. With this move, the debate shifts to whether that was a strategic masterstroke or a...
Bit Digital at one point was the 12th-largest Bitcoin mining company by market capitalization. Now, it has just announced a new, audacious strategy to make the leap to Ethereum. The company’s prospectus filed with the U.S. Securities and Exchange Commission (SEC) indicates they’re now poised to bring staking features to...
As of June 19, institutional strategic reserves peaked at 1.190 million ETH. This pivot marks a deepening corporate strategy shift away from crypto. Crypto.news was the first to report these holdings. Together they account for more than 1% of the total Ethereum supply and are worth almost $3 billion today....
Okay, let's be real. When I first saw Bit Digital, after establishing a wholesale Bitcoin mining operation, decide to abandon Bitcoin altogether, my jaw dropped. The stock price immediately dropped through the floor, and the entire internet began to cackle “I knew that would fail!” Here's the thing: I think...
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...
Ethereum, the second-largest cryptocurrency by market capitalization, has seen its price drop in a significant way, falling under $2,400. This has sparked considerable debate among investors and analysts: Is this a temporary setback, a buying opportunity, or a sign of a more significant downturn? Knowing the reasons behind this price...
Okay, let's talk Ethereum. You're seeing red, right? The price dipped below $2,400. Everyone's panicking. What if I told you this is precisely what you’ve been looking for to get started. This is not a crash, this is a fire sale. Think of it like this: Black Friday for crypto,...
Ethereum also recently passed the major milestone of having 35 million ETH staked, worth about $140 billion. This 3,400% spike in staking activity since mid-2021 is a clear signal of investor confidence. The added staking coincides with the crypto project anticipating a watershed decision on its ETF.At the time of...
Crypto is getting complicated out there It’s like walking through a minefield. And as great as the potential rewards are, so too are the risks. In 2025, with the ever-evolving landscape of digital assets, knowing how to recover lost or stolen cryptocurrency is more critical than ever. This article, brought...
The crypto world, once the promise of a great decentralized finance future, is now starting to resemble the Wild West. It’s the equivalent of saying we’re discussing bank stagecoach hold-ups, but offering them through e-wallets. The numbers are staggering: almost $2 billion vanished in the first three months of this...
Is that much pay really justified? The explainer omits to mention that the Bitcoin mining industry is inarguably exploding. At US-listed firms, executive compensation has exploded to an average $14.4 million. That means that it’s a mind-boggling 118% increase in just one year, which begs some very difficult questions. Do...
Imagine this: You wake up, grab your coffee, and check your ByBit account – only to find everything gone. Poof. Vanished. $1.5 billion Ethereum heist. That’s not just a clickbait headline; that’s $685 million in someone’s life savings, someone’s retirement, someone’s kid’s college fund, disappeared. And ByBit, a centralized exchange,...
The numbers don't lie. From Q3 2023’s numbers alone, one can hear the cry of a power shift in Bitcoin mining. The US still controls enough, holding 35.425%. With China and Russia increasing their hash rate power, that dominance seems less secure. Or do we just happen to be observing...
The landscape of Bitcoin mining is always changing as countries compete for leadership in the global hashrate. Recently, Russia and most notably China have increased their mining power substantially. Here at home we are witnessing a modest reversal of fortune in that regard. In an article to follow, we’ll dive...
Okay, crypto fam, let's get real. You’ve read the headlines, the Lambo fantasies, the crypto self-made millionaires. But what they don't show you is the dark side: the rug pulls, the phishing scams, the utter panic when your hard-earned crypto vanishes into the digital ether. My name is Nguyen Thi...
The fast-paced world of cryptocurrency is an exhilarating space full of opportunity, but it’s one filled with dangers. Inheriting or otherwise losing access to crypto assets through scams, hacks, or increased key security can be a user’s worst nightmare. KnowingCoin.com recognizes that making our way through this new landscape will...