Tag: mining

Trump's Bitcoin Play: Mining Firm Goes Public, Crypto Empire Grows

Trump's Bitcoin Play: Mining Firm Goes Public, Crypto Empire Grows

The Trump family is jumping in with both feet into the crypto world. Their daring moves are making waves and generating buzz across the entire blockchain ecosystem. American Bitcoin, a crypto mining operation with Eric and Donald Trump Jr. at the helm, is merging with Gryphon Digital Mining. This all-stock...

Bitcoin Mining Linked to Increased Air Pollution, Impacting Millions

Bitcoin Mining Linked to Increased Air Pollution, Impacting Millions

A recently published study demonstrates that Bitcoin mining operations across the USA are significantly increasing air pollution levels. This unprecedented increase is subjecting millions of Americans to fine particulate matter (PM2.5) which can be harmful. The research, conducted by the Harvard T.H. Chan School of Public Health, highlights the environmental...

Bitcoin's Dirty Secret: Mining's Air Pollution Crisis Exposed

Bitcoin's Dirty Secret: Mining's Air Pollution Crisis Exposed

BlockTraderHub.com, your go-to source for crypto intelligence, is here to shed light on a concerning aspect of Bitcoin mining: its impact on air quality and public health. Like it or hate it, Bitcoin has changed the world. Its energy-intensive mining process is devastating communities here in the United States and...

Tether's Big Bet: Why They're Doubling Down on Bitcoin Mining

Tether's Big Bet: Why They're Doubling Down on Bitcoin Mining

In the fast-paced landscape of digital assets, smart money investments are undeniable indicators of major changes in the market. Tether, the company behind the USDT stablecoin, has been in the news a lot lately. They’ve even increased their stake in Bitdeer, a Nasdaq-listed Bitcoin mining firm. This development is a...

Tether Increases Stake in Bitcoin Miner Bitdeer Amid Market Volatility

Tether Increases Stake in Bitcoin Miner Bitdeer Amid Market Volatility

Tether, the company behind the world’s largest stablecoin USDT, has increased its investment in Bitcoin mining company Bitdeer. In April, it raised approximately $32 million in equity funding. This shift marks Tether’s increasing appetite for the Bitcoin mining industry, despite challenging market headwinds for many Bitcoin mining companies. Despite the...

Auradine Secures $153M Funding, Unveils Advanced Bitcoin Mining Hardware

Auradine Secures $153M Funding, Unveils Advanced Bitcoin Mining Hardware

Auradine, a startup building hardware for Bitcoin mining and AI, recently raised a massive $153 million. This funding round was co-led by StepStone Group. The extension of the Series D round included participation from Samsung Catalyst Fund, Qualcomm Ventures and other unspecified investors. This new funding pushes Auradine’s total outside...

Auradine's $153M: Mining to AI, What's the Big Deal?

Auradine's $153M: Mining to AI, What's the Big Deal?

Auradine is ready to take a leadership position in the hardware acceleration space. The announcement comes after the company’s recent successful $153 million Series C funding round. This latest financial round brings their cumulative funding over the $300 million mark. It represents a new and significant pivot in the company’s...

Bhutan's Bold Bet Millions in Bitcoin Mining Fuels Economic Ambitions

Bhutan's Bold Bet Millions in Bitcoin Mining Fuels Economic Ambitions

Bhutan, the small Himalayan kingdom, has quietly, but decisively, become one of the world’s most important actors in the largely unregulated world of cryptocurrency. The reclusive country has been mining Bitcoin for several years, amassing holdings worth over $600 million as of April 9. Bhutan’s strategic investment in Bitcoin is...

Tether Boosts Bitcoin Decentralization by Deploying Hashrate on OCEAN Mining Pool

Tether Boosts Bitcoin Decentralization by Deploying Hashrate on OCEAN Mining Pool

Tether, the biggest company in the global digital asset industry, just dropped some great news. They aim to use all of their current and future hashrate on OCEAN, one of the largest Bitcoin mining pools that value decentralization. This move leverages OCEAN's DATUM Gateway software and aligns with Tether's broader...

Tether's Bitcoin Mining Move: A Return to True Decentralization?

Tether's Bitcoin Mining Move: A Return to True Decentralization?

The woke brigade, for one, has been trying to hijack Bitcoin’s narrative for way too long. They would have you think that Bitcoin requires their brand of "inclusion" and their brand of "sustainability." Bitcoin was never about that. It was always about freedom. Tether's recent move to deploy hashrate on...