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Bitfarms Ltd. and Riot Platforms Inc. have announced a settlement ahead of Bitfarms’ special shareholder meeting scheduled for Nov. 6, according to a Sept. 23 press release. The announcement comes after months of tension between […]
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China continues to control 55% of the global Bitcoin network’s hashrate, despite a ban on crypto mining and trading that has been in effect since 2021. According to CryptoQuant data, the country’s significant presence in […]
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Ethiopia is quickly becoming a key player in Bitcoin mining, with local operations already consuming 600 MW of power, Ethan Vera, the co-founder and COO of Luxor Mining, reported, citing data from Ethiopian Electric Power. […]
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Hut 8 Corp., one of North America’s largest Bitcoin miners, has announced that Anchorage Digital has converted the remaining $38 million of its outstanding loan into common shares. The conversion was completed at $16.395 per […]
Ward Roddam, the Mayor of Rockdale, Texas, has highlighted Bitcoin’s crucial role in revitalizing the town’s economy. In an Oct. 7 op-ed, Roddam explained that the world is nearing a new economic era driven by […]
Paolo Ardoino, the CTO of Tether, posted a picture of large industrial containers sporting the logo of Tether Energy on Aug. 24. The photo sparked a flurry of rumors and speculations which Ardoino addressed in […]
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