⛏️🕹 New York State Senator proposes tax on energy use for cryptocurrency mining. #mining #regulation cointelegraph

💸 Better Payment Network, a steblicoin payments company, has received an initial $50 million funding round led by YZi Labs. theblock.co

💸 Nasdaq-listed Zeta Network raised $230M in a private sale, with investors paying in #BTC or #SolvBTC. cointelegraph

💰 Bitfarms plans to raise $300 million by issuing unsecured convertible bonds maturing in 2031. theblock.co #mining

📊⛏ #BTC miners' debt surged 500% to $12.7 billion as they invest in new hardware and #AI infrastructure to stay competitive in the global hashrate race. cointelegraph #mining

⛏️ #BTC The hashrate price of BTC miners is falling to $42, down steadily since July, when it reached $62. This could force smaller operators to shut down. #mining cointelegraph

🤖⛏️ #BTC #AI 70% of the top 10 BTC miners are relying on AI revenue during the BTC correction. Seven large firms, including Marathon, CleanSpark, Iris Energy, TeraWulf and Core Scientific, have launched or are profiting from AI and HPC operations, with the remaining three planning to do so. #mining cryptoslate

📉⛏️ Shares of miner Bitdeer fell 20% after posting a quarterly loss of $266 million #mining cointelegraph

⛏️ #BTC CEO Marathon Digital: BTC mining profits are shrinking amid rising energy costs and increased competition. Only miners with inexpensive access to electricity or those who switched to #AI and high performance computing are likely to survive.
After halving in 2028, when the reward per block drops to ~1.5 BTC, it may be difficult for most miners to remain profitable without higher fees or prices. coindesk #mining

🇧🇾⛏️ Alexander Lukashenko said that the world is accelerating its move away from dependence on the US dollar and cryptocurrencies could be an alternative path. He singled out cryptocurrency mining as one of the country's prioritized electricity options, adding that while revenues from mining may fluctuate, "there is no need to worry too much." belta #mining

⛏️ #BTC A lone miner mined a BTC block on Friday, earning 3,146 BTC plus fees equivalent to nearly $265,000 at current prices. A miner of this size has a chance of just 1 in 180 million to mine a block. theblock.co #mining

🇨🇳⛏️ #BTC China has returned to third place in BTC mining with a 14% share. #mining coindesk

🇺🇸⛏ Eric Trump demonstrates America Bitcoin mining facility. #mining

⛏️ According to Miner Weekly, BTC miners are now in the most challenging profitability situation in history, as the sharp BTC pullback in November has driven hashrate revenue down from ~$55/PH/s in Q3 to ~$35/PH/s, below the average total cost of $44/PH/s for large public miners. theminermag #mining

⛏️ #BTC Yesterday, the overall network hashrate dropped by ~100 EH/s, a ~8% decrease, with at least 400,000 BTC mining rigs shut down. The main reason is the closure of mining farms in Xinjiang, China. x #mining

🍪🍪 #USDT Northern Data, majority owned by Tether, has sold its #BTC mining division to companies owned by Tether executives. cointelegraph #mining

⛏️ #BTC The BTC hashrate fell 4% in the month to Dec. 15, which VanEck said could be a positive signal for the cryptocurrency's price in the coming months as miner capitulation "is historically a bullish signal." cointelegraph #mining

🤔 Bitmain, the largest ASIC maker, has sharply cut prices on several generations of mining hardware amid industry-wide instability in the mining industry. cointelegraph #mining

🇺🇸⛏️ #BTC Bitfinex: U.S. companies coming to Venezuela to mine huge oil reserves could lower electricity prices for BTC miners and increase their profitability. cointelegraph #mining

⛏️ #BTC Canaan's BTC miner uses the heat generated by its computing power for extra heat in Canadian greenhouses. cointelegraph #mining

📉 📉 📉 TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

#BTC #Mining #AI #CryptoNews

💵 💵 💵 MARA Reports $611M Loss While Miners Deposit 581 BTC to NYDIG

#BTC #Regulation #Mining #Treasury #CryptoNews