Bitcoin mining company Cango produced nearly $100.5 million worth of Bitcoin in the two months following its full pivot to crypto mining, the company announced on June 3. Cango mined 954.5 Bitcoin (BTC) after going […]
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Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endorse building a Bitcoin (BTC) reserve to bolster the nation’s economic deterrence. Lummis said she discussed […]
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The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local news report. The IMF delegation […]
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The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s extended financial program. […]
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Justin Drake, a researcher at the Ethereum Foundation, has raised alarms over Bitcoin’s (BTC) long-term security. In a detailed post on May 29, Drake argued that persistently low transaction fees on the Bitcoin network could […]
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