Tag: 219
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Bitcoin approaches 21 million cap with 93% mined by 2140
93% of Bitcoin (BTC) is mined, with 21 million cap expected by 2140. Miners will rely on fees as rewards diminish. Ethereum (ETH) transitions to PoS.
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Block launches 819 TH/s air-cooled mining rig to decentralize Bitcoin mining
Block introduces an air-cooled mining rig delivering 819 TH/s, targeting decentralization. Bitcoin mining difficulty rose 5% in Q1 2023. Jack Dorsey supports the initiative.
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Norway and Kazakhstan crypto adoption rises 30% as Japan enforces strict 2023 regulations
Norway and Kazakhstan increased crypto adoption by 30% in 2023, while Japan maintained strict regulations. Bitcoin and Ethereum dominated trading volumes in both nations.
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Bitcoin miners processed 144 exahashes in Q1 2024, outpacing ETF growth
Bitcoin miners like Marathon and Riot processed 144 exahashes in Q1 2024, securing the network amid ETF growth and regulatory scrutiny from the SEC.
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Trump-backed American Bitcoin spends $314M on Bitmain rigs amid trade war
American Bitcoin, backed by Trump, invests $314M in Bitmain rigs amid US-China trade tensions, signaling major mining expansion with 100,000 units ordered.
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Trump-backed miner targets Asian Bitcoin acquisitions in 2024
Trump-backed miner aims to acquire Asian Bitcoin assets, targeting undervalued operations. Bitcoin trades at $42,000, with mining difficulty at 70T. Focus includes Indonesia and Malaysia.
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Galaxy Digital converts Helios facility into AI data center with $1.4B loan
Galaxy Digital secured a $1.4B loan to repurpose the Helios mining facility into an AI data center, targeting Bitcoin mining and AI infrastructure expansion by 2025.
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Adam Back targets 20,000 BTC holdings by 2025 to surpass Marathon Digital
Adam Back plans a $2.1B BTC treasury to surpass Marathon Digital Holdings in Bitcoin holdings, targeting 20,000 BTC by 2025.
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ALL4 Mining converts XRP to Bitcoin via cloud mining in 15 countries
ALL4 Mining enables XRP holders to mine Bitcoin, offering daily payouts. The service supports 10 cryptocurrencies and operates in 15 countries since 2020.
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Trump-linked Bitcoin miner spends $314 million on Chinese semiconductor chips
Bitcoin miner Trump-linked company acquires $314 million in Chinese chips, signaling major mining expansion amid global semiconductor tensions.
