Cybercrime: Illegal Mining Fuels Syndicates
The United Nations reports illegal mining and stablecoins are fueling global organized crime via platforms like Huione Guarantee, urging international action. #Update #Crypto $BTC (-6) ↘
Mining
Bitcoin Miners Persist Amid Difficulty Rise
Bitcoin’s block height reached 893,088, increasing network difficulty by 1.42%, setting a new all-time high and challenging miners further. #Update #Crypto $BTC (+3) ↗
Bitcoin Mining Bitdeer Plans US Expansion
@Bitdeer is set to manufacture bitcoin mining equipment in the U.S. due to President Trump’s trade tariffs, reshaping industry strategies. #Update #Crypto (+3) ↗
Bitcoin Mining Trump Family Partners Hut 8
@Hut8Mining partners with Trump family to form American Bitcoin, merging ASIC operations for 80% stake; Eric Trump as chief strategy officer. Conference call on April 1st. #Update #Crypto (+6) ↗
Bitcoin Mining Surge: Cango’s 50 EH/s Leap
@CangoInc shifts focus from auto trading to Bitcoin mining, aiming for 50 EH/s by early 2025, backed by Tencent and Bitmain ties, marking a significant industry move. #Update #Crypto (+7) ↗
Bitcoin Hashrate Surges to Record 862 EH/s
Bitcoin’s computing power surged to a record 862 EH/s, surpassing the previous high of 852 EH/s, amid declining mining revenue. #Update #Crypto $BTC (+3) ↗
Bitcoin Mining: Canaan Expands North America
@CanaanInc expands U.S. self-mining with new agreements in Pennsylvania and Texas, adding 4.7 EH/s to its computing power #Update #Crypto (+3) ↗
Bitcoin: Crusoe Energy Sells Mining Arm
@CrusoeEnergy sells its bitcoin mining operations to @NYDIG, including 425 data centers generating 270 megawatts in the U.S. and Argentina, to focus on AI infrastructure. #Update #Crypto (+3) →
Crypto: Pakistan Unveils Miner-Friendly Tariffs
Pakistan plans to introduce specialized electricity tariffs for crypto mining and blockchain data centers, led by the Pakistan Crypto Council, to attract industry growth. #Update #Crypto (+3) ↗
Bitcoin Mining Boost: Pakistan’s Energy Proposal
Pakistan considers using surplus electricity for Bitcoin mining, aligning with global crypto trends and aiming to boost foreign investments and tech progress. #Update #Crypto (+4) ↗
Bitcoin Miner Bitfarms Acquires Stronghold
@BitfarmsLtd has completed its acquisition of Stronghold Digital Mining, expanding its U.S. operations and energy capabilities, enhancing HPC and AI initiatives. #Update #Crypto (+3) ↗
Bitcoin Mining: Canaan Secures $200M Expansion
@CanaanInc secures $200M to enhance Bitcoin mining in North America, aiming for a 10 EH/s hash rate by mid-2025. #Update #Crypto (+6) ↗
Bitcoin Mining Costs Reveal Market Divides
Bitcoin trades at $81,626 as mining cost disparities among firms reveal operational differences; some companies extract bitcoin far below the network’s average cost. #Update #Crypto $BTC (+3) ↗
Bitcoin Mining Rigs Seized US Loosens
U.S. authorities have begun releasing seized bitcoin mining equipment, including thousands of units, but many remain held due to scrutiny over Chinese-made chips. #Update #Legal (+3) ↗