The evolving landscape of cryptocurrency continues to reshape the financial world, and Celsius, once a prominent player in this space, remains at the center of significant developments. The ongoing legal and financial maneuvers surrounding Celsius, its former customers, and Ionic…
Trump Backs Bitcoin at Mar-a-Lago: Republicans Show Support for Crypto
Several Bitcoin miners met with former President Donald Trump at Mar-a-Lago on Tuesday night. This meeting, reported by Matthew Schultz, executive chairman at crypto mining company CleanSpark (CLSK) Inc., highlights Trump’s growing engagement with the cryptocurrency community. The former president…
Bitfarms Adopts Poison Pill to Block Riot Platforms’ 950 million Takeover
Bitfarms Ltd., a prominent player in the Bitcoin mining industry, has taken decisive action to protect itself from an unsolicited takeover bid by its larger rival, Riot Platforms Inc. The company has implemented a “poison pill” shareholder rights plan, a…
Bitcoin Mining firm Core Scientific rejected a $1 billion takeover bid
Bitcoin miner Core Scientific Inc. has made headlines by rejecting a $1 billion takeover offer from the artificial intelligence startup CoreWeave Inc. This decision comes just days after both companies announced a partnership aimed at generating approximately $3.5 billion in…
Harnessing Stranded Natural Gas for Bitcoin Mining in Argentina
Argentina’s energy sector is making significant progress towards sustainable practices by embracing Bitcoin mining as a solution to utilize stranded natural gas. Spearheaded by YPF Luz, a subsidiary of state-owned energy firm YPF, in collaboration with Genesis Digital Assets (GDA),…
CleanSpark Showcases Sustainable Bitcoin Mining Progress in March 2024 Update
CleanSpark Inc. (Nasdaq: CLSK) is a player in the Bitcoin mining industry, known for its commitment to sustainable practices and cutting-edge technology. As America’s Bitcoin Miner™, CleanSpark has positioned itself as a frontrunner in the quest for financial independence and…
Migration of 6,000 Bitcoin Mining Machines in the US Ahead of Halving Event
In the ever-evolving landscape of Bitcoin mining, a significant migration of older mining machines is underway in the United States. Around 6,000 outdated Bitcoin mining machines are set to be idled and transported to a warehouse in Colorado Springs. From…
Africa’s Emergence as a New Hub for Bitcoin Mining
Bitcoin mining, the energy-intensive process of creating and validating digital currency transactions, has found a new frontier in Africa. As the global landscape for crypto-mining undergoes significant shifts, African countries are attracting attention as potential hotspots for this lucrative industry.…
Mining 510 BTC at $9,177 Each with a 960 PH/s Hashrate in Texas by Cormint’s
Cormint, a Texas-based bitcoin mining firm, has emerged as a prominent player in the cryptocurrency mining industry. With its exceptional operational statistics and impressive financial performance, Cormint has positioned itself as a leader in operational efficiency. In this article, we…
Indonesian Police Seize Bitcoin Mining Equipment in $935,666 Electricity Theft Case
Indonesian police authorities have taken decisive action against 10 Bitcoin mining operations, accusing the miners of engaging in electricity theft worth nearly $1 million. The North Sumatra Police Force spearheaded the crackdown, targeting a multi-location Bitcoin mining operation spread across…
How did a hacker spike Bitcoin by hacking SEC account?
In a recent high-profile case, an Alabama man was arrested for allegedly hacking into the Securities and Exchange Commission’s (SEC) X account. This incident has drawn significant attention due to its potential impact on the financial markets and the cunning…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
