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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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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Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k tape for BTC, and every espresso line buzzing with “hash-rate” small talk. Three-day festivals usually […]
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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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