BITCOIN MINING
Trump Media's investors lost $2.2 billion while Trump holds $460 million stake
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investor trust.
Trump-linked crypto assets slip up to 16%, AI data centre stocks slide after Democrats' US midterm win
Trump-linked cryptocurrencies tumbled up to 16%, while shares of Bitcoin miners transitioning into AI data centre businesses slumped as Democrats' strong midterm performance rattled investor sentiment. Concerns over tighter regulations, potential construction delays in Texas and rising financing costs weighed on companies betting on the AI infrastructure boom.
Bitcoin worth $29 in 2010 suddenly moves after 16 years. Now this Satoshi-era BTC USD is valued at $8.3 million
A Bitcoin stash worth about $29 when mined in 2010 has moved for the first time in roughly 16 years. The 100.02 BTC was transferred on October 7 and was worth around $8.3 million at the time, with the coins sent to two new addresses.
In hydropowered Bhutan, solar starts to rise
Bhutan is expanding solar power capacity to meet rising electricity demand. Hydropower faces challenges from low winter river flows and climate change impacts. The nation aims for significant solar energy generation by 2040. Finding space for ground-mounted solar farms presents a considerable challenge. Rooftop solar adoption is limited by high installation costs for individuals.
She memorized 200+ Taylor Swift songs: Now this 18-year-old Los Angeles girl has won $100,000 for her quantum physics research
An 18-year-old Los Angeles student Rachel Chen and devoted Taylor Swift fan has won $100,000 at the Regeneron Science Talent Search. Rachel Chen, who has memorised over 200 songs of Taylor Swift, expanded a decades-old mathematical idea into a visual framework that could make complex quantum physics systems easier to understand.
Prince George’s bizarre Eton life: ‘boys maids’, school pub and punishments including 500 Latin lines and weeding a housemaster’s garden
Prince George is beginning his new life at Eton College, where the future king will encounter centuries-old traditions, quirky school slang, a private room and even a “boys maid.” From a school pub to unusual punishments involving 500 lines of Latin and unpaid chores such as weeding a housemaster’s garden, here’s a look at the surprising rules and traditions awaiting the young royal.
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Social Security payments are arriving on this date: Millions of Americans could see their September 2026 benefits. Check date, eligibility, amount and more
Social Security benefit payments 2026: The first wave of September Social Security payments is set to go out this week, with beneficiaries born between the 1st and 10th of the month. For September 2026, the key Social Security payment dates are Sept. 9, Sept. 16 and Sept. 23. Social Security benefits are mainly paid to recipients who are older or retired – are typically paid on Wednesdays.
Oklahoma Bitcoin mining data center leaks 3 million gallons of water, forcing schools, businesses and government offices to close despite 2023 Stop Work Order
In Oklahoma, a bitcoin mining data center is at the centre of a controversy after it leaked 3 million gallons of water despite 2023 Stop Work Order. The incident forced schools, businesses, and city and county offices to shut their operations. This incident shows a disastrous leak from an insufficiently policed operator with serious repercussions for local citizens.
Data center firm IREN signs new deal with frontier AI lab; quarterly loss hits shares
IREN shares fell more than 7% in extended trading after the company swung to a quarterly loss, driven by costs tied to retiring bitcoin mining hardware as it shifts to AI cloud services.
Bitcoin’s final stretch: After 20 million coins, the last million are nearly untouchable
Bitcoin mining explained: While a million Bitcoins remain unmined, the dream of easy participation is fading. Bitcoin mining has transformed into a capital-intensive, industrial-scale operation. Intense competition, costly specialized hardware, and diminishing rewards due to halving cycles mean ordinary individuals are largely priced out of this lucrative digital gold rush.
Bitcoin mining in China rebounds, defying 2021 ban
The resurgence in bitcoin mining, which has also been corroborated by rig maker Canaan Inc's fast-rebounding sales in China, could act as a demand and price support for the world's largest cryptocurrency
China sees American hand in $13-billion Bitcoin theft
The theft of the 127,272 Bitcoin tokens from the LuBian Bitcoin mining pool that took place in December 2020 ranks as one of the largest crypto heists in history. The hack is likely a "state-level hacker operation" led by the US, according to the Chinese National Computer Virus Emergency Response Center.
Bitcoin mining costs $1,300 in Iran, but a whopping $306,000 in Italy - here's the full list
Bitcoin mining costs are very different across countries. In some places it is very cheap, while in others it is very costly. The price of electricity decides how much it costs to make one Bitcoin. This gap shows why mining is easy in some nations and almost impossible in others.
Dominant Chinese makers of bitcoin mining machines set up US production to beat tariffs
Bitmain, Canaan and MicroBT build over 90% of global mining rigs - essentially computers dedicated to number-crunching that produces bitcoin. Establishing US bases could shield them from tariffs but risks stoking security concerns the US has with China in areas as varied as chip making and energy security.
Pakistan allocates 2,000 megawatts of electricity to bitcoin mining, AI data centres
Pakistan plans to allocate 2,000 MW of electricity for bitcoin mining and AI data centers in its first phase, aiming to monetize surplus electricity and attract foreign investment. This initiative, led by the Pakistan Crypto Council, seeks to address challenges in the energy sector, including high tariffs and surplus generation capacity, while creating high-tech jobs.
Bhutan to upgrade Bitcoin mining in Himalayas as 'halving' looms
The partnership between Druk Holding & Investments and Nasdaq-listed crypto mining firm Bitdeer aims to invest in boosting Bhutan’s mining capacity sixfold through the introduction of cutting-edge hardware.
Celsius Network wins court approval for shift to bitcoin mining
US bankruptcy judge Martin Glenn in Manhattan on Wednesday said the bankruptcy plan approved in November contained enough flexibility to allow Celsius to switch to a backup plan after it hit a road block with the US Securities and Exchange Commission.
Bitcoin mining has 'very worrying' impacts on land & water: UN study
A new study conducted by UN scientists has found that Bitcoin mining activities have significant environmental footprints, including carbon, water, and land footprints. The study revealed that the global Bitcoin mining network consumed a massive amount of electricity and heavily relied on fossil energy sources.
Cost of crypto: report say U.S. bitcoin as dirty as 6 million cars
The industry's carbon footprint, the groups said, was 27.4 million tonnes from mid-2021 through 2022 - three times that of the largest U.S. coal plant - or close to the annual emissions of 6 million cars, according to a calculator from the Environmental Protection Agency.
Bitcoin's new puzzle: How to ditch fossil fuels and go green
In the world of bitcoin mining, access to cheap and reliable electricity is everything.
Coal to crypto: The gold rush bringing bitcoin miners to Kentucky
Many large U.S. states have attracted signifiant bitcoin mining investment in recent months, but Kentucky is emerging as a small powerhouse.
Jack Dorsey's Block to build an open bitcoin mining system
In October, Dorsey said that Block, formerly Square, was considering building a bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide.
Kazakhstan unrest upends Bitcoin mining
The lack of connectivity disrupted huge cryptocurrency mining operations in the country, which has become one of the world's largest hubs for this activity.
Bitcoin-mining power plant raises ire of environmentalists
Greenidge said it mined 729 bitcoins over three months ending Sept. 30. The value of cryptocurrency fluctuates, and on Friday, one bitcoin was worth over $59,000.
US becomes largest bitcoin mining centre after China crackdown
The United States now accounts for the largest share of mining, some 35.4% of the global hash rate as of the end of August, followed by Kazakhstan and Russia, the data showed.
Bitcoin drops as hashrate declines with China mining crackdown
The largest cryptocurrency fell 5.5% to $34,142 as of 10:50 a.m. Sunday in New York, dropping for a fourth time in the past five sessions. Ether, the second-biggest, declined 5.9% to $2,095. The hashrate in China is dropping significantly as Bitcoin mines are being closed, Jonathan Cheesman, head of over-the-counter and institutional sales at crypto-derivatives exchange FTX wrote in an email Saturday, citing reports on Twitter from handle @bigmagicdao.
View: Elon Musk is pulling Bitcoin where it loathed to go
To assuage critics, Elon Musk and Michael Saylor announced late last month that Bitcoin miners in North America had agreed to form the Bitcoin Mining Council.
China says it will crack down on bitcoin mining, trading activities
China will crackdown on bitcoin mining and trading activities in its bid to fend off financial risks, the Financial Stability and Development Committee said on Friday.
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