Pakistan’s plan to use surplus electricity for crypto mining has hit a roadblock after the International Monetary Fund (IMF) reportedly rejected a proposal to offer subsidized power to energy-intensive industries, including Bitcoin miners. Pakistan’s Secretary […]
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A solo Bitcoin (BTC) miner successfully mined a block on Saturday, collecting the 3.125 BTC block reward, valued at $372,773. The miner, operating through the Solo CK pool, a solo mining service, successfully mined block […]
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Why Bitcoiners turned to AI The 2024 Bitcoin halving reduced block rewards to 3.125 BTC, cutting miners’ income in half. This change, combined with higher electricity costs, expensive equipment maintenance and increased competition, made traditional […]
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Bitzero has secured $25 million in funding to expand its business operations, as the Bitcoin miner and data center operator continues its strategic shift toward high-margin, high-performance computing (HPC) while emphasizing environmental sustainability. The funds […]
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Mara Holdings, one of the largest publicly traded crypto mining firms, said it intends to offer up to $1 billion worth of convertible senior notes, with a portion of the funds intended for Bitcoin purchases. […]
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