Crypto Mining
The Bull Case for Galaxy Digital Is AI Data Centers Not Bitcoin Mining, Research Firm Says
When Galaxy Digital (GLXY) CEO Mike Novogratz bought Argos' Helios data center in late 2022, at the depths of the post-FTX crypto winter, the company thought they were bailing out a desperate bitcoin ...
Last updated 3 mins ago
Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
While cryptocurrencies put in a flattish performance on Friday with bitcoin BTC churning around $104,000, crypto-related stocks were having a moment to shine.
Last updated 3 mins ago
Kuwait Cracks Down on Illegal Crypto Mining to Protect National Grid
Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign to root out unlicensed operations.
Last updated 3 mins ago
Kuwait Bans Bitcoin Mining, Citing Power Strain and Legal Violations
Kuwait’s Ministry of Interior has officially banned Bitcoin mining, citing the strain it places on the national power grid and its noncompliance with multiple local regulations.
Last updated 3 mins ago
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
Bitcoin (BTC) mining was slightly less profitable in July than the previous month as the price of the world's largest cryptocurrency fell over 6% while the network hashrate remained stable, investment...
Last updated 3 mins ago
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