Tag: Bitcoin miners

news-24102024-102852

Bitcoin Miners Embracing AI Technology for Survival: Core Scientific Leading the Way

Core Scientific recently announced a groundbreaking deal with CoreWeave, a cloud-computing firm, to boost its artificial intelligence capabilities. This move comes at a critical time for bitcoin miners, who have been facing challenges following...
news-23072024-203741

Biden’s Proposed Bitcoin Mining Tax Criticized by Lummis

Senator Cynthia Lummis of Wyoming has strongly criticized President Biden's proposed 30% tax on Bitcoin miners, calling it a "dangerous scheme" and an "attack on innovation." She believes that such a high tax rate...
news-17062024-144032

Bitcoin Price Surges to $67K as Miners Rally; XRP Leads Altcoins

The digital asset market experienced a significant turnaround on Monday as Bitcoin (BTC) recovered from an early decline to nearly $65,000 and surged to the $67,000 level within three days. This price level was...
news-15062024-212859

Bitcoin Miners Profit from BTC Rally as Crypto Exchange Transfers Surge

Bitcoin miners have been taking advantage of the recent rally in BTC prices, with a significant amount of BTC transfers from mining pools to exchanges totaling $209 million. This surge in transfers coincided with...