Mining
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US Bitcoin miners face 21% rig cost surge after Trump’s tariff goes live
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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HashFlare Founders Want Time Served As US Asks For 10 Years
The co-founders of the defunct crypto mining service HashFlare asked a US judge to spare them additional prison time after admitting to wire fraud, but prosecutors said they deserve a decade in prison for orchestrating […]
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Crypto attracts $2.67B in funding during July, bolstered by Pumpfun and stablecoin interest
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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UK Oil Company Union Jack Plans To Mine Bitcoin With Stranded Gas
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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UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty
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 […]
