A 100% tariff on imported semiconductors, formally enacted by the Trump administration on August 7, is reshaping the economics of crypto mining in the United States. The tariff, which targets chips made outside the U.S., […]
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Why Bitcoiners turned to AI The 2024 Bitcoin halving reduced block rewards to 3.125 BTC, cutting miners’ income in half. This change, combined with higher electricity costs, expensive equipment maintenance and increased competition, made traditional […]
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Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in July is 6% larger than […]
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Union Jack Oil, a publicly traded UK energy company, has announced plans to convert natural gas from its West Newton site into electricity to power Bitcoin mining, marking what could become one of the country’s […]
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Union Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning to Bitcoin mining, per an Aug. 7 statement. According to the firm, the […]
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