KuCoin cryptocurrency exchange is aiming to capture 10% of the blockchain mining capacity behind the world’s largest memecoin, the Dogecoin network, through …
Capacity
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Scams
Benchmark Raises Hut 8 Price Target as Bitcoin Miner Aims to Boost Energy Capacity
by shayaanby shayaanIn brief Hut 8’s expansion plans mean its stock will rise and is worth buying, according to investment bank Benchmark. The Bitcoin …
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Solana developers have increased the network’s block limit from 50 million to 60 million compute units (CUs), marking a move to support …
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Bitcoin miner BitFuFu (FUFU) produced 445 bitcoin in the month of June — an 11.3% jump from May — while expanding its …
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Mainland China chipmaking capacity is accelerating, now poised to become the world’s leading semiconductor foundry hub by 2030, and overtaking Taiwan in …
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Markets
Bitdeer Ramps Up Self-Mining Capacity, Ships 1.6 EH/s of SEALMINER A2s in May
by shayaanby shayaanBitcoin BTC mining firm Bitdeer (BTDR) increased its self-mining capacity and expanded its international operations in May, according to the company’s monthly …
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Mining
HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End
by shayaanby shayaanBitcoin miner HIVE Digital Technologies (HIVE) has surpassed 10 exahash per second (EH/s) in hashrate capacity, a 58% increase from April, driven …
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Mining
Bitfarms Halts Argentina Bitcoin Mining After Power Cut, 13% of Capacity Goes Offline
by shayaanby shayaanBitfarms, one of the largest publicly traded Bitcoin mining companies, has suspended all operations at its mining facility in Argentina. The shutdown …
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Regulation
Fed council warns stablecoins may pose risk to bank deposits and credit capacity
by shayaanby shayaanMembers of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued stablecoins could accelerate deposit outflows from traditional …
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Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 …