China persists as Bitcoin mining giant despite crypto ban – CryptoQuant
China continues to control 55% of the global Bitcoin network’s hashrate, despite a ban on crypto mining and trading that has been in effect since 2021. According to CryptoQuant data,…
Bitcoin maintains price resilience despite increased miner selling
As the facilitators of the network’s security and transaction verification process, Bitcoin miners significantly influence the supply of BTC in the market. This is why no market analysis can be…
Bill Ackman sparks broad discussion on Bitcoin’s energy use
Bill Ackman, a well-regarded investor and CEO of Pershing Square Capital Management, outlined a hypothetical scenario that has sparked intense debate among crypto enthusiasts, economists, and environmentalists. Ackman’s comments touched…
Bitcoin miner Argo Blockchain sells Quebec site for $6.1 million amidst declining BTC production
Bitcoin miner Argo Blockchain sold one of its sites to repay debt amid its declining BTC production last month. Argo sells site to repay debt In a Mar. 5 statement,…
Biden administration’s notorious Bitcoin mining survey halted after legal backlash
The US Energy Information Administration (EIA) agreed to stop the emergency survey of Bitcoin miners as part of an agreement to end the lawsuit filed by several industry players, including…
Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro
Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings report. The firm also revealed the development of a Layer-2…
Hut 8 to finance new Texas mining facility with Bitcoin reserves
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha.…
US agencies pause Biden-sanctioned emergency miner survey following lawsuit
The Energy Information Administration (EIA) paused the controversial survey of crypto mining firms on Feb. 23 following a lawsuit from members of the crypto mining sector. Crypto mining company Riot…
Texas Blockchain Council including Riot file lawsuit against US Energy Department over Bitcoin miner survey
Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the US Energy Department and associated entities, such as the Energy Information Administration (EIA)…
Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners
House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden administration are beginning to collect data on Bitcoin mining firms. In a letter to the…
