Malaysian police have uncovered an illegal Bitcoin mining setup after a blast occurred in a city on Tuesday. The explosion and smoke from the house were reportedly caused by the electricity consumption of BTC mining operations. According to local reports,…
Riot Platforms (RIOT) mined 527 Bitcoin (BTC) in January, marking its highest monthly production since December 2023 and reflecting a 2% increase from the previous month, according to Farside data. However, the broader bitcoin mining sector reported underwhelming production figures,…
Texas lawmakers have reintroduced a bill aimed at establishing a state-run Bitcoin reserve, this time broadening its scope to include other digital assets that meet specific criteria. The new legislation, Senate Bill 21 (SB 21), replaces a previous version and…
Foundry, the world’s largest Bitcoin mining pool by hashrate, has announced it’s diversifying its operations and bolstering the security Bitcoin layer-2 network Rootstock through merge mining. Merged mining allows miners to simultaneously mine two or more cryptocurrencies that employ the…
Federal Reserve Governor Christopher Waller has emphasized the potential of stablecoins to expand the reach of the US dollar, while calling for a clear regulatory framework that would allow both banks and non-banks to issue dollar-pegged digital currencies. Speaking at…
The cryptocurrency market could see Bitcoin (BTC) price reach an unprecedented milestone of $1 million per coin by 2030, potentially matching gold’s current market capitalization of $19.3 trillion, according to a bold prediction from a prominent tech executive. Bitcoin Could…