The Full Federal Court of Australia ruled in favor of crypto lender Block Earner on Tuesday, overturning previous findings that its discontinued …
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Tag:
ASIC
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Mining
Bitdeer invests 60 million dollars to enhance ASIC production for Bitcoin mining in a context of record hashrate
by shayaanby shayaanThe cryptocurrency mining company Bitdeer has recently secured a funding of 60 million dollars with the aim of expanding the production of …
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Mining
Trump Sons Take 20% Stake in US Mining Venture With 61,000 ASIC Rigs and Big Ambitions
by shayaanby shayaanEric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on a financial foray into the realm of …
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Mining
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
by shayaanby shayaanBitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including …
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Mining
Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss
by shayaanby shayaanThe Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter loss of $532 million amid its push …
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By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners. …
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Regulation
Australia’s ASIC explores stablecoins, wrapped tokens in new crypto framework
by shayaanby shayaanThe Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in …
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