North America faces energy challenges as cryptocurrency mining and AI data centers push electricity demand to unprecedented levels.
Bitcoin Mining news
It’s beginning to look like a race as miners scramble to buy Bitcoin before the price keeps rallying.
Hut 8 has acquired 990 Bitcoin for $100 million, boosting its total BTC holdings to over $1 billion as institutional adoption of cryptocurrency accelerates.
The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16.
Bern’s Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it.
The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.
Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability.
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024.
MARA Holdings says there will soon be a heated race among nations to gather Bitcoin, and the US needs to step up its game.
US miners are waiting for their miners but a branch of Homeland Security won’t let them take them.