Kerrisdale Capital sent a complaint about crypto miner Riot Platforms to Texas officials over concerns related to safety hazards and equipment imported from China The company made the complaint in a on June 5 letter […]
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Stronghold Digital Mining reported a 47.1% decline in its monthly Bitcoin mining output in May. The firm mined 82 BTC during the first full month following the halving, compared to 155 BTC in April. Meanwhile, […]
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Bitcoinâs hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is expressed in hashes per second (h/s), with standard denominations including kilohashes […]
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Core Scientific (CORZ) has rejected an âunsolicitedâ $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in the best interests of its shareholders. The proposal, which offered $5.75 per share, came shortly […]
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Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event. The Bitcoin halving occurs approximately every four years and automatically reduces miner rewards, thereby […]
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