British Columbia has made a long-term decision to ban new cryptocurrency mining projects. The province will redirect clean electricity toward industries that create more jobs and drive economic growth.The measure aims to preserve energy resources and maximize public benefit from their use.
According to Bloomberg, a group of investors including BlackRock, Nvidia, Microsoft, and Elon Musk’s xAI has agreed to acquire Aligned Data Centers from Macquarie Asset Management for $40 billion.
The hashrate on the Bitcoin blockchain has once again climbed to a new all-time high of 1.2 zettahashes per second (ZH/s), before stabilizing near 1.039 ZH/s.
Tech giant Google (NASDAQ:GOOGL) has become the largest shareholder of TeraWulf, increasing its stake to 14%. The company received additional shares in exchange for expanding its guarantee support under a lease deal between the miner and AI infrastructure provider Fluidstack.
The Qubic mining pool, which recently gained control over the majority of the Monero (XMR) network hashrate, now intends to carry out a 51% attack on the Dogecoin (DOGE) meme coin blockchain.
British energy company Union Jack Oil, listed on the London Stock Exchange, has announced plans to convert natural gas from its West Newton site into electricity to mine Bitcoin. This could become one of the first projects in the UK to monetize oil through crypto.
The global mining industry is undergoing significant transformation, with one of the key developments being Bitmain’s announcement to open its first Bitcoin mining hardware manufacturing plant in the United States.
MARA Holdings Inc., the largest bitcoin miner by asset size, plans to sell $850 million worth of zero-coupon convertible bonds maturing in 2032. A portion of the proceeds will be allocated to purchasing bitcoins.
The primary driver attracting investment to Paraguay’s mining industry is access to cheap and renewable electricity, generated by Itaipu — one of the largest hydroelectric power plants in the world.
Singapore-based mining company BitFuFu announced that it mined 445 bitcoins in June — an 11.3% increase compared to May. This is the highest figure among all miners for the first month of summer. According to the company, 387 out of the 445 bitcoins were mined through cloud mining.
Українська
Русский
English