On July 9, cryptocurrency mining company TeraWulf announced the early repayment of its $77.5 million debt. This will allow the company to maximize its resources and focus on deploying its mining infrastructure. 📉
In June, mining executives met with former US President Trump to discuss the industry's problems. Within 24 hours, the Bitcoin Voter Project was created.
Miners continue to reduce their operations due to high energy costs and decreasing block subsidies. However, the reduction in mining difficulty mitigates the energy costs for mining companies.