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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. ....

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

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

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South Korean party bets on US Bitcoin ETF access for votes

South Korean party bets on US Bitcoin ETF access for votes
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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. ....

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