The SEC reportedly subpoenaed Marathon Digital Holdings last month in relation with the Bitcoin mining giant’s data center facility based in Hardin, Montana.
Despite recent concerns voiced by the International Energy Agency (IEA), the energy consumption of Bitcoin mining has hit another milestone. According to network status information from BTC.com, the average Bitcoin hashrate in the last two weeks has reached 71.43 EH/s (Exahash per second), a 10.8% increase from July 23rd’s hashrate...
Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap. The digital payment company is looking to diversify its operations after solidifying USDT’s position as the top stablecoin with an 83 billion token supply. Tether recently started buying Bitcoin with...
