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IMF proposes 85% power tax hike on crypto and AI data centers
The International Monetary Fund (IMF) has proposed higher energy taxes to reduce emissions from crypto miners and artificial intelligence (AI) data centers, according to an Aug. 15 report. Daniel Batten, the Managing Partner at CH4Capital, […]
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Power Law predicts Bitcoin block rewards to hit $5.5 million within 10 years
Bitcoin block rewards will likely evolve significantly over the coming decade, driven by substantial shifts in Bitcoin prices and fee changes. One popular model for projecting future prices is the Power Law, coined by Giovanni […]
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Riot increases Bitfarms ownership stake following board member removal
Riot Platforms has announced an increase in its ownership stake in Bitfarms Ltd. to 18.9%, intensifying its influence over the Canadian Bitcoin mining firm. This development follows Riot’s acquisition of an additional 1 million common […]
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Board changes at Bitfarms amid revenue drop and Riot’s hostile takeover efforts
Bitfarms co-founder and chairman Nicolas Bonta is stepping down from the board immediately amid the ongoing fight against Riot Platforms‘ hostile takeover bid, according to an Aug. 13 statement. Bonta is one of three board […]
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Conditions now primed for Marathon Digital’s $250 million Bitcoin treasury strategy
Marathon Digital Holdings, Inc. has announced a proposed private offering of $250 million in convertible senior notes, with the proceeds primarily aimed at acquiring bitcoin and supporting general corporate purposes. Last month, CryptoSlate reported the […]
