Crypto Currency

Iranian power outages may be caused by Chinese bitcoin farms – report

The bitcoin farms consume about 300 megawatts of electricity per hour, about the same as a town of at least 100,000 residents.

Published 5 years ago in
Iranian power outages may be caused by Chinese bitcoin farms – report

The bitcoin farms consume about 300 megawatts of electricity per hour, about the same as a town of at least 100,000 residents.
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Solana DATs Will Outpace Bitcoin, Says Multicoin Capital Co-Founder

Multicoin Capital co-founder Kyle Samani believes Solana-native Digital Asset Treasuries (DATs) have a structural advantage over Bitcoin-focused vehicles—and that the mechanics underpinning those DATs could become a durable, price-positive flywheel for SOL. Speaking on Blockworks’ Empire podcast days after Forward Industries closed a $1.65 billion PIPE led by Galaxy…

Published 17 hours ago in
Solana DATs Will Outpace Bitcoin, Says Multicoin Capital Co-Founder

Multicoin Capital co-founder Kyle Samani believes Solana-native Digital Asset Treasuries (DATs) have a structural advantage over Bitcoin-focused vehicles—and that the mechanics underpinning those DATs could become a durable, price-positive flywheel for SOL. Speaking on Blockworks’ Empire podcast days after Forward Industries closed a $1.65 billion PIPE led by Galaxy…
Read More

Continue Reading
Crypto Currency

Saylor’s $73B Bitcoin Move Ignites Crypto—Why Strategy Could Make ‘Hyper’ the Next Big Thing

Michael Saylor has just purchased 525 more Bitcoins, increasing Strategy’s total BTC holdings to 638,985, valued at approximately $73B. Anchored in Saylor’s thesis that Bitcoin is superior to gold, Strategy has parked its cash reserves in $BTC, shielding itself from inflation and currency fluctuations. Saylor’s investment has made Strategy the largest corporate holder of $BTC

Published 17 hours ago in
Saylor’s $73B Bitcoin Move Ignites Crypto—Why Strategy Could Make ‘Hyper’ the Next Big Thing

Michael Saylor has just purchased 525 more Bitcoins, increasing Strategy’s total BTC holdings to 638,985, valued at approximately $73B. Anchored in Saylor’s thesis that Bitcoin is superior to gold, Strategy has parked its cash reserves in $BTC, shielding itself from inflation and currency fluctuations. Saylor’s investment has made Strategy the largest corporate holder of $BTC in the world…
Read More

Continue Reading
Crypto Currency

Peter Thiel vs. Michael Saylor: Who’s making the smarter crypto treasury bet?

Michael Saylor’s Bitcoin fortress faces Peter Thiel’s Ether agility. Two giants, two treasuries — who’s making the smarter bet…

Published 17 hours ago in
Peter Thiel vs. Michael Saylor: Who’s making the smarter crypto treasury bet?

Michael Saylor’s Bitcoin fortress faces Peter Thiel’s Ether agility. Two giants, two treasuries — who’s making the smarter bet…
Read More

Continue Reading
Crypto Currency

China’s Next Technology Holding Plans $500M Stock Offering: All to Buy More Bitcoin (BTC)

TLDR: Next Technology Holding filed an S-3 with the SEC for a $500M stock sale, targeting new capital raises. The company trades under “NXTT” on Nasdaq and plans to offer shares in multiple tranches over time. Funds from the $500M sale are expected to be used partly to acquire additional Bitcoin reserves…

Published 17 hours ago in
China’s Next Technology Holding Plans $500M Stock Offering: All to Buy More Bitcoin (BTC)

TLDR: Next Technology Holding filed an S-3 with the SEC for a $500M stock sale, targeting new capital raises. The company trades under “NXTT” on Nasdaq and plans to offer shares in multiple tranches over time. Funds from the $500M sale are expected to be used partly to acquire additional Bitcoin reserves…
Read More

Continue Reading