Thursday, May 16, 2024
This week, the biggest news inside the Bitcoin mining business focused on the drop in production. The largest Bitcoin mining companies, as reported this week, experienced a significant pullback in production in June....
Marathon Digital (MARA) canceled its lines of credit with Silvergate Bank. The mining company reduced debt by $50 million and released $75 million worth of BTC as collateral. Silvergate Bank has started the voluntary liquidation process.
The cryptocurrency exchange, Binance, would be operating in the Philippines without having the required permits. This was reported by the country’s SEC. One of the main cryptocurrency exchanges in the world, Binance, would...
Bitcoin (BTC) mining can transform the energy industry, contributing to a more efficient and environmentally friendly economy. Although Bitcoin (BTC) is known for its high energy consumption, it could well become a key...
Bitcoin mining continues its tireless development, while competition for hashrate intensifies a few months before the halving. This week, the Bitcoin digital mining industry experienced heightened competition for computing power just months before...
Bitcoin miners appear to have dodged a bullet, as the congressional debt ceiling bill does not include a hefty tax on cryptocurrencies that had been proposed by the White House. But investors should be wary of future...
Ordinal’s high level of trading caused bottlenecks in the Bitcoin Blockchain, which ended up benefiting mining. For the first time since 2017, Bitcoin transaction fees exceeded the classic mining block payout. In that...
The Bitcoin mining business continues to be at the epicenter of politics in some US states, especially Texas. The Bitcoin mining business continues to be the talk of the town in the United...
This is the summary of the most important news of the week in the Bitcoin mining world. Genesis Hashrate Grows in Sweden The most noteworthy news in this weekly summary...
Trends in the crypto world over the last week are explored. The City Council of Torrevieja, a city located in the province of Alicante, Spain, wanted to join the path towards innovation by...