The International Monetary Fund has declined to fully endorse Pakistan’s proposal for a subsidized electricity tariff aimed at powering Bitcoin mining operations, local media outlet Profit reported on July 3. According to the report, Fakhray […]
Bilal Bin Saqib, Pakistan Crypto Council CEO and special assistant to Pakistan’s prime minister on crypto and blockchain, met with El Salvador’s President Nayib Bukele in San Salvador to explore knowledge-sharing opportunities. In a Thursday […]
Stablecoin issuer Tether has signed a Memorandum of Understanding (MoU) with Adecoagro S.A. to explore a strategic collaboration centered on renewable-powered Bitcoin mining, according to a July 3 statement. Adecoagro, one of South America’s leading […]
Key takeaways XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP. Promised returns (100%-800% APR) are often unsustainable and lack transparency. High risks include scams, volatility and hidden fees, with […]
French lawmakers have doubled down on their plans for Bitcoin mining by highlighting that the country could generate an annual revenue of up to $150 million from the industry. In a July 11 bill submitted […]
Bitcoin mining company MARA Holdings has completed a minority acquisition of Two Prime, an institutional investment adviser managing $1.75 billion in assets, in a deal that significantly increases the amount of BTC Two Prime manages […]
The Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity. According to a report from RIA Novosti, the initiative is the result of […]
Update, July 11, 9:10 am UTC: This article has been updated to add comments from Bit Mining chief economist Youwei Wang. Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, […]
Crypto mining company BIT Mining has strategically moved into the Solana ecosystem, sending its stock to a three-year high. On July 10, the company disclosed its strategic expansion, which includes plans to raise between $200 […]
Shares of blockchain and AI infrastructure provider HIVE Digital Technologies (HIVE) rose on Friday, boosted by Bitcoin’s record rally and a series of operational milestones in its mining business. HIVE jumped nearly 6.5% to $2.47 […]
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