Bitcoin just got ~15% harder to mine as hashrate falls—pushing miner revenue back into the $30 stress zone Bitcoin’s mining economy has tightened again, but its undertones could pave the way for a price recovery […]
Activist investor Starboard Value is urging Bitcoin miner Riot Platforms to accelerate its expansion into high-performance computing (HPC) and artificial intelligence data centers. In a Wednesday letter to executives, Starboard Value, which holds about 12.7 […]
The euphoria of October’s record highs has evaporated, leaving the industrial backbone of the Bitcoin network facing a brutal reality check. According to CryptoSlate’s data, Bitcoin is currently trading near $78,000, a level that represents […]
Key takeaways Tajikistan has criminalized the use of stolen electricity for cryptocurrency mining, introducing fines of up to $8,250 and prison sentences of up to eight years. The move follows an energy crisis in which […]
Big Tech companies’ planned $500 billion war chest to dominate artificial intelligence could offer a lifeline to a Bitcoin mining industry teetering on the edge of capitulation. The headline numbers are eye-watering. Alphabet, Google’s parent, […]
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