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$2 7B worth of electricity spent on US Bitcoin mining in 2024 — analyst

"Currently there are 450 Bitcoins mined daily and this costs the mining facilities a whopping 384,481,670 kWh of electrical power," wrote Paul Hoffman.

United statesStates bitcoinPaul hoffmanUnited states bitcoinNorth america

Tether mints another $1B — Last time, it helped Bitcoin climb to $73K

Tether mints another $1B — Last time, it helped Bitcoin climb to $73K
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

Bitcoin etfsStates bitcoin etfsUnited states bitcoin

Hut 8 self-mining plans make it competitive post-halving: Benchmark

A diversified business model including self-mining operations and AI services could see Bitcoin miner Hut 8 outperform its peers in post-halving peers says Benchmark analyst Mark Palmer.

Jamie levertonMark palmerStates bitcoinAsher genootUs bitcoin corporationUnited states bitcoinMarathon digitalAmerican bitcoinRiot platformsFlorida based bitcoin

South Korean party bets on US Bitcoin ETF access for votes

South Korean party bets on US Bitcoin ETF access for votes
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

South koreaSouth koreansStates bitcoin etfsYoon suk yeol people power partyDemocratic partyDemocratic party hwanseok choiUnited states bitcoinHwanseok choiPresident yoon suk yeolPeople power partyKorea securities depositoryVirtual asset users protection act

Marathon Digital revenue surges 452% in Q4 amid banner year

Bitcoin mining firm Marathon Digital has posted its Q4 revenue report revealing record revenue in 2023.

States bitcoinSalman khanFred thielUnited states bitcoinMarathon digitalChief financial officer

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