HIVE also recorded a $31.2 million noncash write-down on mining equipment, citing “depressed mining economics,” while MARA separately wrote off $12 million …
Bitcoin
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HIVE’s results add to signs of pressure on Bitcoin mining economics. American Bitcoin last week reported weaker mining margins despite a treasury-driven …
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Markets
Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough
by shayaanby shayaanBitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving liquidity and spot ETF …
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Mining
CoinShares says data center bans could make Bitcoin miners’ power assets more valuable
by shayaanby shayaanAn NBC News exit poll also found that 56% of voters considered AI and data centers a crucial or major factor in …
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Finance
Higher wages don’t have to mean higher inflation. That could matter for Bitcoin
by shayaanby shayaanThat complicates a reading of the November 6 employment report as an automatic inflation warning. October payrolls increased 165,000, above the prior …
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$AVAX’s Four-Week Loss Outpaces Bitcoin and Ether $AVAX also underperformed over the final seven days, falling 9.4%, against bitcoin’s 4.9% decline and …
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Mining
Core Scientific projects $1.8 billion annual run-rate as it exits Bitcoin mining for AI colocation
by shayaanby shayaanColocation revenue reached $215.4 million, which made up 92% of total revenue of $232.9 million. Bitcoin mining, once the core business, is …
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A Nov. 5 Treasury-cash analysis considered a possible December funding window using projected cash paths and the older Oct. 28 reserve baseline. …
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Markets
A Bitcoin block just neared a 2015 transaction record, but paid only $180 in fees
by shayaanby shayaanThe AntPool block came within 984 transactions of Bitcoin’s 2015 record, even as fees made up less than 0.1% of the miner’s …
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That leaves Stacks ahead of Rootstock by $5.7 million. Its $448,000 in quarterly fees was more than double what Hemi generated, at …