Bitcoin miners tap billions in funding to counter energy challenges

Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin (BTC) miners in the U.S. are building war chests worth billions as competition for resources intensifies and profitability following Bitcoin’s latest halving remains under pressure, the Financial Times reports. Companies like Marathon Digital, Riot […]
OKX achieves milestone year in global expansion and innovation, despite challenges

Record app downloads, millions of users, and new in-app features mark the year of recovery and drive OKX’s success. With millions of new users and an impressive 122% year-over-year rise in app downloads, OKX’s 2024 has been a transformative year characterized by resilience and innovation. The CEO of OKX, Star Xu, stated, “Despite the challenges, […]
Layer 0: Solving Bitcoin’s interoperability challenges
Solving Bitcoin interoperability through a “layer 0” network can unlock its full potential in Web3. Source link
SHIB faces challenges as this “Dogecoin killer” captures market attention

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts say the Shiba Inu price rally may end up coming to nothing as a fierce competitor, WallitIQ, attempts a 7,500% price surge, drawing away investors. Recently, there have been exciting predictions about a […]
NY Supreme Court allows Greenidge to keep mining, but challenges remain
The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over. Source link