“Riot’s core business is Bitcoin mining, and the scale of our vertically integrated operations and financial strength allowed us to execute on our power strategy at unmatched scale this quarter,…
Bitcoin was recently outperforming Ether, the second largest crypto in market value, and other major altcoins by market capitalization. ETH was changing hands at $1,853, down 0.5% from Sunday, same…
Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players.According to a…
None of the “sanctions targeting Russia completely prohibit involvement in the mining sector,” said David Carlisle, vice president of policy and regulation at Elliptic, a blockchain analytics firm. Still, there…
Saylor's MicroStrategy began buying bitcoin in 2020 while calling the cryptocurrency a million times better store of value than gold. The company now holds approximately 140,000 bitcoin worth about $4…
A recent survey by Axios and Harris Poll, which surveyed 16,310 Americans, produced some fascinating results on the standing of two particular organizations in the cryptocurrency business. FTX, a defunct…
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations. The United Kingdom’s fiscal controller, the Financial Conduct Authority( FCA), wants to work together with crypto…
Based on the average electricity prices last year, the tax hike could bring the all-in energy cost to $0.093/kWh, said Jaran Mellerud, senior analyst at mining services firm Luxor Technologies.…
If the 2024 halving follows the same pattern as earlier ones, the BTC mining industry would see “lower competitive intensity” due to the sector’s wipe-out in the bear market of…
Crypto executives have expressed irritation over the latest White House economic report — which notably features an entire chapter dedicated to casting doubts on the merit of digital assets.The Economic…
