In brief
Hut 8's expansion plans mean its stock will rise and is worth buying, according to investment bank Benchmark.
The Bitcoin miner on Tuesday unveiled plans to develop 1.53 gigawatts…
Hut 8 (HUT), a public bitcoin BTC$109,658.79 mining and energy infrastructure firm, surged Tuesday after revealing plans to more than double the company's power capacity.The plans include the development of…
China is aggressively pushing the Chinese yuan for bilateral trade to dethrone the US dollar in global trade. It kick-started the motive after the Russian invasion of Ukraine and is…
The Solana network increased its block capacity by 20% on Tuesday, raising the limit to 60 million compute units (CU) and plans to expand this further before the end of…
Bitcoin miner BitFuFu (FUFU) produced 445 bitcoin in the month of June — an 11.3% jump from May — while expanding its infrastructure across five continents.The Singapore-based miner’s total hashrate…
Pakistan has committed 2,000 megawatts of electricity to bitcoin mining and artificial intelligence data centers, the country’s finance ministry said.The committed energy is being directed from coal-fired power plants that…
Key Points:Pakistan to allocate energy for Bitcoin mining, led by Finance Ministry.Aims to attract foreign investment and create tech jobs.Coal plants will repurpose for this nationwide plan.
Pakistan is allocating 2,000…