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Antalpha, the fintech platform that serves the Bitcoin mining ecosystem, announced that it plans to invest $40 million into Tether Gold as a hedge against economic volatility. According to its recent press release, Antalpha aims to diversify its holdings in…
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Bitlayer has taken a major step toward real-world adoption of Bitcoin-native decentralized finance by partnering with three of the world’s largest Bitcoin mining pools. According to an announcement made on Bitlayer’s official X account on May 27, the company has…
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Islamabad plans to allocate Bitcoin mining and AI centers with 2,000 MW of surplus electricity as part of the country’s broader strategy to attract tech investment. Pakistan is preparing to allocate 2,000 megawatts of electricity to Bitcoin (BTC) mining and…
BTC
Bitcoin
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The level of Bitcoin mining energy consumption is on par with that of some countries. This statement is often mentioned as one of Bitcoin’s main drawbacks, as consumption takes its toll on the environment. However, Bitcoin advocates argue that things…
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Sangha Renewables has raised $14 million in equity funding for its flagship 19.9-megawatt Bitcoin mining project in West Texas. The facility, developed alongside a major independent power producer, will operate directly on a solar energy site and is expected to…
BTC
Bitcoin
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Data suggests that a significant portion of Bitcoin could be in the hands of a limited number of larger wallets, potentially pointing to rising concentration. As Bitcoin (BTC) adoption grows, ownership continues to concentrate among larger wallets, leaving retail investors…
BTC
Bitcoin
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Bitfarms posted strong top-line growth in the first quarter of this year, but rising production costs following the April 2024 Bitcoin halving drove a sharp decline in mining margins. Bitfarms reported its financial results for the first quarter of 2025,…
BTC
Bitcoin
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Kazakhstan is pushing forward with plans to modernize its energy system through digital mining and expand crypto trading beyond the Astana International Financial Centre economic zone. In an op-ed published in Kazakhstanskaya Pravda, Kanysh Tuleushin, First Vice Minister of Digital…
BTC
Bitcoin
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Vinanz, a Bitcoin-focused firm listed on the London Stock Exchange, has secured $4 million to expand its U.S. operations and pursue a potential Nasdaq listing. London-listed Bitcoin (BTC) mining firm Vinanz has secured up to $4 million in investment from…
BTC
Bitcoin
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CryptoQuant analyst Axel Adler Jr calculated the average cost for mining Bitcoin to around $36,800 per BTC. The current market price compared to the cost of mining could generate 182% profit for miners. According to a recent post by CryptoQuant…
BTC
Bitcoin
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Trump family is expanding its involvement in Bitcoin mining, with a stock-for-stock merger.
BTC
Bitcoin
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AI-focused decentralized apps saw a 26% month-over-month rise in active wallets in April, outpacing DeFi’s 18% growth and gaming’s 7%, data from DappRadar shows. Artificial intelligence-themed decentralized applications saw a major boost in April, growing their user base by 26%…
BTC
Bitcoin
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Hut 8 Corp. reported a steep first-quarter loss and a nearly 58% revenue drop, as the lingering effects of last year’s Bitcoin halving and costly equipment upgrades took a toll. Bitcoin (BTC) mining firm Hut 8 Corp. posted a sharp…
BTC
Bitcoin
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The team behind Monero has unveiled Tari, a new layer-1 chain that hides transaction data by default and supports crypto mining on personal computers. A new blockchain from ex-Monero developers is betting that privacy, playful crypto mining, and a dose…
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Despite macroeconomic uncertainty, Bitcoin miners are showing confidence in further upside, as stable reserves signal their belief in continued market growth. Bitcoin (BTC) miners have shown no significant signs of capitulation, with on-chain data continuing to signal a bullish outlook,…
BTC
Bitcoin
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Riot Platforms sold 475 BTC in April, marking the largest single-month BTC liquidation in the company’s history. Riot Platforms, the second largest publicly traded Bitcoin mining firm by market cap, announced Monday that it had sold 475 BTC in April…
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Bitcoin
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