Key Highlights The United States, Russia, and China maintain a dominant grip on Bitcoin mining, collectively accounting for 65.4% of the global hashrate, down slightly from 66.2%. U.S. mining market share dropped from 36.7% to 35.6%, while Russia’s share expanded from 17.2% to 18.1% and China fell from roughly 115 EH/s to 110 EH/s. Shifting ...
Key Highlights: Matthew Sigel, Head of Digital Asset Research at VanEck, projects sustained long-term market share growth for Bitcoin while noting that quantum computing does not pose a near-term threat warranting asset sales. Surging artificial intelligence demand is reshaping the valuation of Bitcoin mining companies, shifting emphasis from pure computing power toward physical electrical infrastructure ...
Key Highlights Riot Platforms repaid its Coinbase Credit borrowing facility, releasing Coinbase’s security interests in the pledged collateral. Riot had reported 11,380 BTC, including 5,821 BTC pledged as collateral and valued at approximately $340.7 million at June 30. The amended facility carried a fixed annual interest rate of 6.15% and had a maturity date of ...
MARA Holdings Adds 1,292 Bitcoin to Treasury in $98.6 Million FalconX Transaction Bitcoin mining firm MARA Holdings (NASDAQ: MARA) has expanded its corporate treasury with a significant Bitcoin acquisition, according to on-chain data tracked by analytics platform Lookonchain. The company purchased 1,292 BTC through institutional trading platform FalconX approximately nine hours before the data was ...
Kazakhstan to Launch National Cryptocurrency Analytics Center on SupTech Platform Kazakhstan has announced plans to establish a National Cryptocurrency Analytics Center designed to monitor digital asset transactions across fiat payments, crypto transfers, wallets, and customer data. The initiative was disclosed by National Bank of Kazakhstan Chairman Timur Suleimenov during a government meeting on September 15, ...
HIVE Digital Technologies Reports $1 Million Daily Revenue Average, Driven by Bitcoin Mining HIVE Digital Technologies disclosed that its combined Bitcoin mining and GPU cloud operations generated more than $1 million in average daily revenue from August 21 through September 10, offering a concrete measure of how the company’s artificial intelligence pivot is contributing to ...
Longtime Bitcoin developer Luke Dashjr has resigned as chairman, chief technology officer and director of Ocean mining pool, ending his involvement with the company after…