Mining

Mining

An Essential Part Of The Huobi Exchange

An Essential Part Of The Huobi Exchange

Huobi Token (HT) is the native cryptocurrency of the Huobi Global Exchange, one of the largest cryptocurrency exchanges in the world. Huobi Token was launched in January 2018 by the Huobi Group, the company behind the Huobi exchange. Huobi Token primarily functions as a utility token on the Huobi exchange. Users can use […]

An Essential Part Of The Huobi Exchange Read More »

IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining

IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining

The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local news report. The IMF delegation is expected to hold a separate virtual session with Pakistan’s Finance Ministry to specifically discuss the electricity allocation. Last week,

IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining Read More »

IMF Warns Against Pakistan’s Power Push for Bitcoin Mining, AI Data Centers

IMF Warns Against Pakistan’s Power Push for Bitcoin Mining, AI Data Centers

Key Takeaways: The IMF has questioned Pakistan’s plan to power Bitcoin mining and AI centers. It raised concerns over legal risks and energy strain. Pakistan advances national crypto and blockchain strategy. The International Monetary Fund (IMF) is pushing back on Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI)

IMF Warns Against Pakistan’s Power Push for Bitcoin Mining, AI Data Centers Read More »

Gemini Powers Bitcoin With A Cybertruck

Gemini Powers Bitcoin With A Cybertruck

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Gemini rolled into the Bitcoin 2025 Conference with a Tesla Cybertruck that did more than turn heads. The truck, dubbed the “Cyberbeast,” was painted in black-and-gold Bitcoin vinyl and hooked up to a compact Bitaxe Gamma miner. Attendees watched live as the

Gemini Powers Bitcoin With A Cybertruck Read More »

While Bitcoin’s Hashrate and Price Hit New Peaks, On- and Off-Chain Metrics Shrivel

While Bitcoin’s Hashrate and Price Hit New Peaks, On- and Off-Chain Metrics Shrivel

Data shows that bitcoin has held firm above the $100,000 threshold for 23 straight days—an unprecedented streak. Moreover, the network’s computing strength has hit its highest point this year, positioning 2025 as a standout period for several notable benchmarks. Although the bull cycle has delivered striking moves in both price and hashrate, metrics from onchain

While Bitcoin’s Hashrate and Price Hit New Peaks, On- and Off-Chain Metrics Shrivel Read More »

Tether vows Bitcoin mining dominance as Pakistan, UK politicians look to advance Bitcoin reserves

Tether vows Bitcoin mining dominance as Pakistan, UK politicians look to advance Bitcoin reserves

Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k tape for BTC, and every espresso line buzzing with “hash-rate” small talk. Three-day festivals usually disperse into noise, yet this one distilled a single theme: the conversation has vaulted beyond legitimacy questions. Governments, regulators, and

Tether vows Bitcoin mining dominance as Pakistan, UK politicians look to advance Bitcoin reserves Read More »

CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World”

CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World”

Bitcoin Magazine CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World” Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether. Paolo Ardoino began his speech by saying, “last year we made $13 billion in

CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World” Read More »

Bitcoin’s shrinking fees could trigger crypto-wide fallout

Bitcoin’s shrinking fees could trigger crypto-wide fallout

Justin Drake, a researcher at the Ethereum Foundation, has raised alarms over Bitcoin’s (BTC) long-term security. In a detailed post on May 29, Drake argued that persistently low transaction fees on the Bitcoin network could make it increasingly vulnerable to a 51% attack, a scenario in which a single entity gains majority control of the

Bitcoin’s shrinking fees could trigger crypto-wide fallout Read More »

Senator Lummis says US military generals support strategic Bitcoin reserve

Senator Lummis says US military generals support strategic Bitcoin reserve

Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endorse building a Bitcoin (BTC) reserve to bolster the nation’s economic deterrence. Lummis said she discussed digital reserves with unnamed senior officers who “understand that economic power is as important as military power in addressing aggressors

Senator Lummis says US military generals support strategic Bitcoin reserve Read More »

Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers

Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers

Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers. According to a Bloomberg report, the Pakistan Crypto Council (PCC) overseeing the project confirmed that three underutilized coal-powered plants, currently operating at just 15% capacity, will be repurposed to support this initiative. This development is part of the government’s

Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers Read More »