The White House recently released a 168-page report outlining recommendations to usher in a "golden age of crypto."
The cost to mine a single bitcoin has nearly doubled year-over-year, following 2024's halving event and an increase in global hashrate.
As of July 28 at 10:45 p.m. ET, BitMine said it now holds 625,000 ETH ($2.4 billion) and 192 BTC ($22.8 million).
The crypto mining rig maker told Bloomberg that it plans to launch a new production line in Texas or Florida by the end of the third quarter.
MARA Holdings raised $940.5 million in net proceeds to restructure previously issued debt securities and finance additional bitcoin purchases.
The company said it plans to purchase 2,900 Bitmain S21 Pro miners with the first drawdown of the funding.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The same bitcoin whale transferred 40,010 BTC to Galaxy Digital earlier this week, according to Arkham, signaling potential selling.
Susquehanna Crypto also joined the round, backing Two Prime as it scales its crypto-native institutional offerings.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The transfer follows the $14.75 million in bitcoin Bhutan deposited to Binance last week — the most significant movements since November.
The firm is the latest in a plethora of new crypto treasury companies, including two other miners-turned-Ethereum acquisition companies.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
IREN noted record-high monthly revenue in June at $68 million, as well as a peak of $51 million in total hardware profit in June.
The bitcoin miner in question earned $348,948 for mining block 903,883 using CKpool in a solo mining configuration.
This represents the third straight month Riot mined bitcoin since restarting the activity in April, after the firm took a hiatus beginning in January.
The move represents the growing integration of Bitcoin mining facilities into existing grid operations and the expanding business lines.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
IREN's hashpower represents approximately 6% of the Bitcoin network's total estimated hashrate of 842 EH/s.
Bitcoin mining difficulty dropped around 7.5% after a sudden decline in the network's hash rate over the last couple of weeks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
With over 100,000 BTC in total holdings, Ardoino said its bitcoin mining operations are an important part of securing its investment.
The expanded deal, which extends the loan’s maturity to July 2026, allows Hut 8 to tap an additional $65 million in non-dilutive capital.
Bitdeer expects to raise around $320 million and $360 million depending on whether investors purchase the offered notes in full.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Discussing the policies already enacted by the Trump administration, Sacks also claimed it could achieve its crypto agenda by August.
With CoreWeave securing $15.9 billion from OpenAI and Core Scientific's related delivery pipeline, the stock should recover quickly, it said.