American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier […]
Update (Aug. 12, 2025, at 1:30 pm UTC): This article has been updated to add a Qubic announcement. Layer-1 blockchain Qubic said it has “completed its attempt to dominate the Monero network,” claiming a month-long […]
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A 100% tariff on imported semiconductors, formally enacted by the Trump administration on August 7, is reshaping the economics of crypto mining in the United States. The tariff, which targets chips made outside the U.S., […]
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The co-founders of the defunct crypto mining service HashFlare asked a US judge to spare them additional prison time after admitting to wire fraud, but prosecutors said they deserve a decade in prison for orchestrating […]
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Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in July is 6% larger than […]
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Union Jack Oil, a publicly traded UK energy company, has announced plans to convert natural gas from its West Newton site into electricity to power Bitcoin mining, marking what could become one of the country’s […]
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