Crypto News
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners, set to run at 249 terahash per second (TH/s) without overclocking, are configured for immersion cooling—a techniqueSource link
Crypto Reverses Early Gains, Bitcoin Dives Back to $69K
Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.Source link
Trump Advisor Vivek Ramaswamy Adds Bitcoin to $1.7 Billion Asset Management Firm
Financial services firm Strive, which was co-founded by Donald Trump advisor Vivek Ramaswamy, will begin offering Bitcoin under a new wealth management business.Source link
Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 millionSource link
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.Source link