Mining
Stablecoins: Evolution, Not A Revolution
Technologies tend to have a natural ceiling built into their utility and popularity. Once they’ve solved all the problems they can solve, their growth is effectively capped. As soon as all potato fans own a […]
The Disruptor
Bitcoin miners are bleeding at $90,000, but the “death spiral” math hits a hard ceiling
Bitcoin’s “miners are dumping” story is comforting in the way simple stories always are. Price slides, miners run out of oxygen, coins hit exchanges, and the price is shoved around by a single, easy villain. […]
How Cheap Power Made Libya a Bitcoin Mining Hotspot
Key takeaways Libya’s cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners. At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate. Mining operates […]
Bitcoin miners find new ally in Google for AI transformation
Search engine giant Google has emerged as a silent architect behind Bitcoin miners’ rapid pivot towards artificial intelligence (AI). Instead of acquiring mining firms, the Alphabet-owned company has provided at least $5 billion of disclosed […]
SEC Says Third-Party Bitcoin Mining Services Are Securities Offerings in New Lawsuit
In brief The SEC says some third-party Bitcoin mining hosting qualifies as a securities offering in a new lawsuit. The lawsuit against Bitcoin miner VBit also accuses the company’s founder of misusing $48.5 million in […]
