Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment

Phoenix Group Expands Bitcoin Mining Operations with $187 Million Bitmain Purchase

Abu Dhabi-based Phoenix Group is set to acquire $187 million worth of new Bitcoin mining rigs from Bitmain Technologies, following a $380 million deal with WhatsMiner. The move aims to significantly boost Phoenix's Bitcoin hashing power, positioning the company as a major global crypto miner. The strategic expansion aligns with the recent approval of a Bitcoin exchange-traded fund (ETF) by the SEC, anticipating potential industry growth. Despite competition and profitability challenges in Bitcoin mining, Phoenix Group's aggressive approach underscores its commitment to staying competitive in the evolving sector.

Cooperative Game Theory: Nash Bargaining Theory and Bitcoin

A review of the work of Nobel laureate John F. Nash’s “Ideal Money” from the perspective of Bitcoin and the bargaining problem. This section is excerpted from The Primary Issue.

Phoenix Group PLC Advances Web3 with Strategic Lyvely Investment

Phoenix Group PLC invests in Lyvely, marking a strategic move in Web3 and digital economy innovation.

“铭文”博弈背后站着嗷嗷待哺的比特币生态

Phoenix Group Ignites ADX: Cryptocurrency Triumph in Abu Dhabi Debut

Amidst a surge in cryptocurrency interest, Phoenix Group's debut on the Abu Dhabi Securities Exchange marks a pivotal moment in the region's financial evolution.

Abu Dhabi's Phoenix Group Secures $370 Million in IPO

Abu Dhabi-based Bitcoin mining firm Phoenix Group has made headlines with a triumphant $370 million fundraising through its recent initial public offering (IPO).

Gavin Wood, Polkadot, and the Game Theory of Blockchain

Gavin Wood, Polkadot, and blockchain's game theory intersection for innovation

Aptos vs Sui: A Move-Based L1 Game

These discussions are fueled by the massive funding rounds of two new L1 unicorns, Aptos and Sui, with teams and structures drawn from Meta’s now-defunct Diem and Novi projects.

Crypto Winter Survival Guide: Community Shares Bear Market Game Plan

From cost averaging to managing your risk tolerance, community members share their advice on what to do during a bear market.

5 must-reads in the evening | Looking at the algorithmic stablecoin game from LUNA

Recommended reading in the evening: 1. Review of the crash moment of "LUNA Brothers"; 2. The latest papers by Vitalik and others: Searching for the Soul of Web3 in a Decentralized Society (Part 1); 3. Opinion: The encrypted world is reborn from the brink of collapse.