Elon Musk has again declared energy “the true currency,” fueling speculation among bitcoin supporters that he’s quietly ...
You’re reading The Financial Page, John Cassidy’s weekly column on economics and politics. What’s the best way to make a great deal of money? The most reliable method is to come up with something that ...
Diversification into AI and HPC infrastructure drove sharp outperformance for miners, while pure-play bitcoin miners lagged.
The Bitcoin network’s total computational hash rate has entered a notable downtrend since October 18th, reversing what has otherwise been a consistent multi-year climb. The hash ribbons indicator, ...
Russia is planning criminal penalties, including forced labor, to curb widespread unregistered bitcoin mining after legalization.
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Traditionally, thieves usually targeted some form of tangible good — whether it’s physical or digital currency, jewelry, or a car. But when it comes to mining cryptocurrencies, things get a little ...
One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...
The crypto downturn has pushed a slew of Bitcoin miners to the brink of unprofitability, prompting operators to scale back the energy-hungry machines that keep the blockchain running. A closely ...
Apparently, there's no more money in mining. It's perhaps not a huge surprise, therefore, to learn that some of the largest bitcoin operations in the US are pivoting away from mining to AI processing.
Danh C. Vo, 37, is accused of scamming thousands of people who bought into his crypto company and then fleeing to Vietnam.
A solo miner on NiceHash mined Bitcoin block #928,351 for less than $100 in rental hashpower. The miner earned a reward of 3.152 BTC, equivalent to approximately $271,000.