How Hut 8 is Developing Mining Sites to Strengthen Equity with Celsius Creditors
Hut 8 to Launch New Mining Site in Texas Hut 8, a Canadian Bitcoin (BTC) mining firm, has recently announced an interim agreement to construct a new mining site in…
Exploring the Inherently Bearish Bitcoin Price Below $41.5K
As Bitcoin (BTC) starts another week in a precarious position, with whales selling off, the mood has shifted. The weekly close has done little to allay traders’ fears, as the…
Record High of $8M Spent on Crypto Gas for EVM Inscriptions
Crypto Transactions and Inscriptions Take Off The demand for blockspace has been pushed to new levels due to the Ordinals inscriptions craze, causing network transaction fees across all blockchains to…
Bitcoin Still Reigns Supreme as Digital Store of Value: VanEck CEO
Crypto World and Bitcoin Jan van Eck, the CEO of the investment management firm VanEck, believes that it is impossible for any other internet store of value to overtake Bitcoin…
Is El Salvador’s Bitcoin Investment Finally Paying Off?
El Salvador’s controversial $117.5 million Bitcoin investment briefly swung into profitability this past week for the first time in two years, a milestone that was overshadowed by criticism from many…
What’s the Difference Between Web 1.0, 2.0, 3.0 and 4.0?
Bitcoin’s (BTC) eight-week winning streak is likely to end as the price is down nearly 4% this week. This pullback is likely due to profit-booking by traders, however, it does…
Miner Revenues Match $69K BTC Price – Check Out the Best Crypto Sources in 2022
The skyrocketing cost of sending Bitcoin (BTC) has sparked a debate about its on-chain transaction fees. According to BitInfoCharts, the average fee has reached an astonishing $40 as of Dec….
AI Chinese Powers Bitcoin Miner Surplus with Series 2 BASIC Note
Blockstream is planning to launch a second series of its Blockstream ASIC (BASIC) Note offering to acquire more Bitcoin (BTC) mining hardware. This move is driven by the expected demand…
Arthur Hayes Bets on $1M BTC Price: Exploring Web 3.0 Decentralization
Arthur Hayes believes that investing in Bitcoin (BTC) and altcoins is a smart move in the current macro climate. The ex-CEO of BitMEX expressed his opinion on X (Twitter) on…
US Energy NGO Warns of Overwhelming Demand as ERCOT Considers Crypto Projects
Impact of Web 3.0 on Energy Reliability The North American Electric Reliability Corporation (NERC) recently released its annual long-term reliability assessment of the United States electrical grid, which identified large…