Riot Platforms (RIOT) has hired industry veteran Jonathan Gibbs as its chief data center officer, a strategic move for the bitcoin miner as it looks to expand its horizons beyond cryptocurrency into the broader business data infrastructure sector. Gibbs has…
The combined market capitalization of 13 miners listed on U.S. exchanges and tracked by JPMorgan increased nearly 20% in May, while the price of Bitcoin According to a research report released on Monday, the BTC price has risen to $104,157.04…
As Bitcoin prices consolidated after reaching an all-time high (ATH), the network’s computing power reached an all-time high, peaking at 943 exahashes per second (EH/s). The global Bitcoin hashrate has reached a new high, with data showing a peak of…
In an ever-changing world where traditional sectors intersect with cutting-edge digital finance, news that comes from unexpected sources often gets the most attention. This week, Cango Inc., best known as China’s leading vehicle transaction management platform, attracted interest in the…
The Pakistani government has just announced the allocation of 2,000 megawatts of power for Bitcoin (BTC) mining and artificial intelligence (AI) data centers. The initiative aims to make Pakistan a significant player in the Web3 and digital economy in the…
Bitcoin BTC mining difficulty of $105,578.62 is on track to set a new all-time record around midnight UTC, indicating increased miner participation and improved blockchain security. The adjustment is expected to complete within the next 100 blocks, and forecasts suggest…
At the current Bitcoin 2025 conference, Gemini showed a live presentation combining electric vehicle technology and Bitcoin mining. The company unveiled a “Cyberbeast” edition Tesla Cybertruck , wrapped in branded Bitcoin-themed vinyl that mined bitcoins on-site using a Bitaxe device.…
The Pakistan government has decided to allocate 2,000 megawatts (MW) of electricity as part of the first phase of a national initiative to support Bitcoin mining and artificial intelligence (AI) data centres. Pakistani Finance Minister Muhammad Aurangzeb said this was…
The energy consumption associated with Bitcoin mining is comparable to that of entire countries. This is often seen as one of Bitcoin’s key drawbacks, as its use is detrimental to the environment. However, Bitcoin proponents argue that the situation is…
Bitfarms, one of the leading publicly traded Bitcoin mining companies, has temporarily suspended all operations at its Argentina facility. The shutdown followed a notice from electricity company Generación Mediterránea SA (GMSA), which announced an indefinite power outage starting May 12.…