Iris Energy’s filing suggested the company planned to use proceeds from the sale to fund growth initiatives including purchasing mining hardware and developing data centers.
JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’
JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with “crypto tokens that you call currencies” on one side and “real” innovations on the other.
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
In a recent Twitter Space, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics.
Flashbots build over 82% relay blocks, adding to Ethereum centralization
BitMEX, too, highlighted the need for a complete redevelopment of Flashbots or a similar system to mitigate unforeseen complications in an era after the Merge.
Crypto miner Poolin offers IOU tokens after suspending withdrawals
“Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible,” said Poolin.
Russia aims to set rules for crypto cross-border payments by year’s end
Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said.
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week
A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days.
CleanSpark acquires mining facility in Georgia for $33 million
This is the second deal the company announced this week citing “substantially discounted price.”
White House science office looks at crypto’s effect on climate, despite scarce data
The White House Office of Science and Technology Policy reaches mixed conclusions about crypto and the climate, against a background of rapid technological change.
Hive Blockchain explores new mineable coins ahead of Ethereum merge
Hive’s Ethereum mining operations have historically generated three to four times more revenue per megawatt than Bitcoin mining, the firm said.
Hut 8 surpasses 8,000 BTC mark as it continues to HODL
The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs.
Ethereum Classic books 12% rally as mining support for ETC gains pace
ETC price secures a double-digit gain as its hashrate hits a record-high and BTC.com adds a Ethereum Classic mining option to its services.
The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price
$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price.
Armenia aims to position itself as a Bitcoin mining hub
The post-Soviet republic took a friendly stance on crypto, but heavily relies on foreign energy.
Bitcoin mining has never been more competitive even as BTC loses 13% in August
Bitcoin difficulty completes its largest single upward readjustment since January, with average hash rate eyeing new all-time highs of its own.
President of Paraguay vetoes crypto regulation law
The bill was approved by the nation’s Senate in July as low-energy costs continue to boost mining activities in the country.
Bitcoin could become a zero-emission network: Report
Bitcoin mining with flared gas and animal waste gases could help the world’s largest cryptocurrency on a path to becoming zero-emission money.
Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022
Since July 2022, the Bitcoin ecosystem recovered across numerous determinants, including miners’ revenue in dollars, network difficulty and hash rate.
BTC mining stocks double in a month as production ramps
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping.
Blockchain’s environmental impact and how it can be used for carbon removal
Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment.