Mining News - page 109

PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time. Subscribe via RSS.

Chain tip: Block #966,429

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CryptoSlate

Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake

Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. on July 22, one day after demand hit 87,403 megawatts and erased the 85,508-megawatt mark that had stood since Aug. 10, 2023. Neither afternoon saw an appeal for energy conservation, and the system […] The post Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake appeared first on CryptoSlate .

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Coingape

How John O’Neill Is Steering HSBC’s Biggest Evolution Since Electronic Trading

When Bitcoin launched in 2009, most banks saw it as a curiosity. John O’Neill saw something else. Not a currency. Not an investment. But the beginning of a new market infrastructure. Few digital asset executives arrive from crypto. O’Neill arrived from market infrastructure. His career began in 2001 at LIFFE, (The London International Financial Futures The post How John O’Neill Is Steering HSBC’s Biggest Evolution Since Electronic Trading appeared first on CoinGape .

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Coingape

MSTR Stock Price Slips as Saylor Shifts Focus From Bitcoin to STRC After $8.2B Loss

Strategy (NASDAQ: MSTR) stock price is in focus after Strategy’s executive chairman, Michael Saylor, announced that the company is shifting its attention from Bitcoin buying to ensuring that the STRC preferred stock attains its $100 par value. Saylor also said that Strategy will no longer use all its cash reserves to buy Bitcoin, but will The post MSTR Stock Price Slips as Saylor Shifts Focus From Bitcoin to STRC After $8.2B Loss appeared first on CoinGape .

CryptoSlate

Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M

Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading. The same release reported a $359.5 million net loss under US accounting rules, the company's third consecutive losing quarter. Both numbers describe the same three months. Taken together, they get closer to the truth about […] The post Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M appeared first on CryptoSlate .

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Bitcoin.com

HIVE Exec: AI GPUs Earn 10x More per Hour Than Mining Rigs

HIVE Executive Chairman Frank Holmes said the firm’s AI compute GPUs are generating far more revenue per hour than its bitcoin mining rigs, as the company’s fiscal 2026 revenue surged 158% to $297.8 million. The Math Behind the 10x Claim Holmes laid out the comparison during the Roundtable 100 series earlier this week, arguing that […]

Coingape

XRP and Bitcoin Price Outlook as CLARITY Act Faces Crucial White House Review

XRP and Bitcoin price trends weakened as the crypto market fell 1.51% to $2.16 trillion within 24 hours. Bitcoin price hovered near $63,000, while XRP traded around $1.06 as traders reduced exposure amid macroeconomic uncertainty. Ethereum remained under pressure near $1,860 after July ended with renewed selling around resistance zones. Ad Ad CLARITY Act Faces The post XRP and Bitcoin Price Outlook as CLARITY Act Faces Crucial White House Review appeared first on CoinGape .

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Bitcoin Magazine

Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report

Bitcoin Magazine Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report Experts have since said that those holding Bitcoin on a Coldcard device should move funds now. This post Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

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Bitcoin Magazine

Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer

Bitcoin Magazine Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer The Clarity Act will likely get through despite some — older — Democrats holding it back, according to Coinbase’s Chief Policy Officer, Faryar Shirzad.  Speaking on The Hill’s morning Rising show Friday, Shirzad said that crypto was “maybe the most bipartisan issue in Washington.”  He added that while some lawmakers were holding back the long-awaited […] This post Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

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