Riot is building one of the largest mining farms in the world in Texas with a capacity of 1 GW, the project cost $ 333 million.
Over the past 5 years or so, the hashrate has been growing almost parabolically as the BTC rate in the bull market. And this is due to the arrival of public companies in the mining industry.
🚫 TL;DR: Block, the payments company behind Cash App and Square, says it reached an agreement in principle with the US Department of Justice over an anti-money-laundering programme allegation. Its November 3 filing outlines approximately…
Read →📉 Brent crude fell about 4.6% on Monday after a report that Iran offered to reopen the Strait of Hormuz for $8 billion in frozen funds. Bitcoin (BTC) did not join the relief, sliding to about $73,600.
Read →💼 MicroStrategy, Michael Saylor’s company now called Strategy, bought 1,036 Bitcoin (BTC) last week, lifting its stack to 850,364 coins. Strive added 29 more, even as BTC slipped below Strategy’s $75,456 average cost.
Read →BlackRock transferred 5,320 BTC and 40,720 ETH with a combined value of $482.66 million. According to bloomingbit, the assets were received by crypto exchange Coinbase. The purpose of the transfer was not specified in the report.
Read →