Bitcoin mining is to blame for Malaysia's $682 million electricity loss

Marathon Digital Holdings Reports $199M Loss in Q2 Amid Bitcoin Halving and Operational Challenges

This year’s halving, coupled with increased global hash rates and equipment failures, greatly affected Marathon Digital's output, it said.

MicroStrategy Reports $102.6 Million Q2 Net Loss, Expands Bitcoin Holdings Amid Market Volatility

Despite a quarterly net loss of $102.6 million, MicroStrategy continues to focus on its Bitcoin strategy, and now holds more than $14 billion in BTC.

Digital Chamber of Commerce Advocates Support U.S. Senator Lummis’s Bitcoin Reserve Bill

The Digital Chamber is advocating for the passage of Senator Cynthia Lummis's Bitcoin reserve bill, emphasising its potential to strengthen the US economy by diversifying national reserves and mitigating inflation. The bill, if passed, would require the US Treasury to acquire 1 million Bitcoin over five years.

Chakra and Binance Web3 Wallet Unveil Bitcoin Pre-Staking Campaign for Babylon’s Mainnet Launch

Chakra, a Bitcoin restaking protocol based on ZK proofs, has teamed up with Binance Web3 Wallet to bring you a Bitcoin pre-staking campaign for Babylon’s Mainnet launch with pre-staking ending on 7 August.

Grayscale’s Bitcoin Mini Trust Launches with Unprecedentedly Low Fees

Grayscale's new Bitcoin Mini Trust offers the lowest-cost Bitcoin ETP at 0.15%, sparking competition amid fluctuating ETF markets and regulatory developments.

Trump’s Bitcoin-Themed Sneakers Hit eBay for Up to $2,500

Donald Trump’s Bitcoin-themed sneakers, now reselling on eBay, have stirred up a frenzy among collectors and supporters, showcasing his alignment with the crypto community.

America’s $35 Trillion Treasury Debt Could Push ‘Hard Currency’ Bitcoin Prices to All-Time Highs

As the U.S. national debt rises to $35 trillion, investors looking for safe-haven assets may be prompted to turn to Bitcoin, which may lead to increased adoption of Bitcoin and reaching all-time highs.

Although Trump raised $21 million at the Bitcoin conference, his current election situation is not optimistic

Trump raised $21 million at a Bitcoin conference, receiving substantial support from the crypto community.

The main culprit for Bitcoin’s recent price collapse, Mt. Gox will transfer Bitcoin worth $2.2 billion in preparation for final repayment

Mt. Gox repayment causes Bitcoin price to plunge,While the distribution of funds represents progress, the prolonged nature of the case and recent fluctuations in Bitcoin's value highlight the challenges and uncertainties still facing creditors and the broader cryptocurrency market. The final resolution of the Mt. Gox case remains a complex and delicate process.

Bitcoiner Kidnapped and Murdered in Ukraine over $170K: It Might Be Time to Stop Flaunting Your Crypto Wealth

Authorities in Kyiv, Ukraine, have arrested four men for allegedly kidnapping and murdering a 29-year-old foreign Bitcoiner for $170,000 worth of BTC. They face potential life imprisonment if convicted.

Microsoft's Monumental $2.2 Billion Investment in Malaysia

Microsoft commits $2.2 billion to boost Malaysia's AI and cloud infrastructure, partnering with the government to enhance cybersecurity and foster local AI development.

PayPal Joins Green Bitcoin Mining Crypto Solution

Researchers from PayPal's Blockchain Group propose incentivizing Bitcoin miners to adopt greener practices using economic principles, potentially reducing Bitcoin's environmental impact significantly.

Bitcoin Mining is Heating the Planet: Greenpeace FUD

Bitcoin uses half the energy that is wasted every year in the U.S.

Bitcoin Mining Hashrate 30-day MA Is On Brink Of New ATH

On-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high.

Bitcoin Mining Middleman Compass' Georgia Facilities to Close as Energy Prices Soar

The company is offering to move approximately 8,000 machines to Texas.

Bitcoin Mining Piques The Interest Of The US’ 2nd-Biggest Electric Company

Duke Energy, the second largest electric power provider in the United States, is reportedly considering bitcoin mining. According to reports, ...

Bitcoin Mining Farm – A Psychiatric Clinic – Uncovered In Moscow’s Oldest Prison

Law enforcement officers have uncovered a psychiatric clinic at Russia's oldest prison that was secretly converted into a bitcoin mining ...

Proof-Of-Profit: Ethereum Mining Brings Better ROI Than Bitcoin

Bank Negara Malaysia is actively evaluating CBDC proposals

Bank Negara Malaysia recently completed a CBDC proof-of-concept with three other countries and may consider using blockchain to develop its own cross-border payment system.

Bitcoin Mining Council Q4 Survey: Bitcoin Mining Becomes More Sustainable

“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.