Crypto News
Bitcoin Miners Drawing Power From Grids Will Face ‘Reckoning’ Post Next Halving, MARA Says
Bitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings (MARA) said in a shareholder letter. "For those miners still relying on grid-attached power, the writing is on the wall. Energy costs will only rise. The 2028 halving will likely force another industry-wide reckoning. Many may not survive," the letter said. The statement comes as the mining industry has already been struggling to stay profitable following a recent halving event that saw bitcoin rewards cut in half, forcing some miners to diversify their revenue sources into high-performance computing (HPC) and artificial intelligence (AI). Read more: AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: BlockspaceMARA, one...
Nvidia Posts Record Q4 Revenue, Shares Rise in After-Hours Trading
AI-fueled demand pushed Nvidia’s data center revenue to record highs, lifting full-year earnings as markets weigh its growth sustainability.Source link
DOGE in the Dumps: Dogecoin Sheds Most of Its Post-Election Gains
Dogecoin surged in value following Donald Trump's November election win, but most of those gains have evaporated in recent weeks.Source link
Dune Analytics Reaches 100 Supported Blockchains as Multi-Chain Usage Rises
Dune Analytics announced support for 100 blockchains on February 26, 2025, expanding its data tools amid increasing demand for unified cross-chain analytics. Dune’s Cross-Chain Data Tools Now Cover 100 Networks The blockchain analytics and intelligence platform Dune now integrates major layer one (L1) networks like Ethereum, Solana, and Avalanche; layer two (L2) solutions including ArbitrumSource link
US House Will Consider Repeal of ‘Burdensome’ IRS Crypto Tax Rule
House lawmakers advanced a resolution in committee that aims to prevent the IRS from imposing tax reporting requirements on DeFi projects.Source link