World Liberty Financial, the crypto company owned by President Donald Trump, was already laying its tracks before he even stepped into the …
power
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Scams
Bank of Italy Warns of Systemic Crypto Risks, Concentration of Power Under Trump
by shayaanby shayaanIn brief Italy’s central bank is warning that crypto ties to traditional finance could spark market instability. It noted that Trump’s promotion …
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The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities, Paraguay’s power …
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The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities, Paraguay’s power …
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The U.S. Senate has recently made significant strides toward stablecoin regulation, marking a turning point for digital currencies. Stablecoin Bill Advances in …
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Mining
900 EH/s and Counting: Bitcoin Network Power Reaches Unprecedented Heights
by shayaanby shayaanBitcoin’s hashrate has soared to unprecedented heights, hitting an astonishing 900 exahash per second (EH/s) as of April 6. 900 EH/s Milestone: …
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Swan Chain has recently established an integration with Parasail to improve distributed artificial intelligence (AI) computing operations. Through this collaboration, the organizations …
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Markets
GameStop Has $1.5B of Bitcoin Buying Power After Closing Convertible Note Sale
by shayaanby shayaanBitcoin (BTC) purchases from video game retailer GameStop (GME) could be imminent or may have already begun after the company closed on …
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Mining
Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?
by shayaanby shayaanCango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC …
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Mining
Bitcoin’s Computing Power Breaks Records, Pushing 862 EH/s Amid Mining Revenue Dip
by shayaanby shayaanOn Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark of 852 …