MinerSource is extremely honored to have attended the dealer appreciation dinner hosted by #MicroBT in Shenzhen, China. We engaged in productive exchanges with our industry peers and had the opportunity to listen to an insightful analysis on the mining industry in 2025 by Dr. Yang, the founder of MicroBT. Dr. Yang is a passionate serial entrepreneur whose enthusiasm inspired every attendee. We hope that in the coming year, MinerSource will continue to provide high-quality products and services to our miner friends.
Bitcoin miner #Bitfarms is exploring artificial intelligence (#AI) and high-performance computing (HPC) businesses to cope with the challenge of reduced miner income after the Bitcoin halving in April 2024. Bitfarms has hired consulting firms Appleby Strategy Group and World Wide Technology to conduct a feasibility analysis of its 1.2 gigawatt (GW) energy assets in North America and develop an AI/HPC business development strategy. (The Block)
90T hash rate, power consumption of 800-1600w, minimum noise of 45 decibels, and the size of a desktop computer, allowing you to accumulate #BTC at home without any worries.
On February 25, according to CloverPool data, #Bitcoin #mining difficulty ushered in a mining difficulty adjustment at block height 885,024 (4:29:38 Beijing time yesterday), with the mining difficulty reduced by 3.15% to 110.57 T.
Bgin Blockchain Files For IPO In The United States, Expected To Raise $50 million(Cointelegraph)
Cryptocurrency #mining equipment manufacturer Bgin Blockchain Limited has filed to list in the United States and is expected to raise $50 million in funding. Bgin stated in a filing with the U.S. SEC on February 21 that it would issue approximately 59.54 million Class A common shares and 15.69 million Class B common shares. Its registration statement also stated that it has applied to Nasdaq to list its Class A shares under the stock code "BGIN". Bgin's filing did not disclose its offering price, but investment advisory firm Renaissance Capital said in a report that Bgin's initial public offering (IPO) could raise up to $50 million.
🚨NEW: #Grayscale’s $XRP ETF (19b-4 filing) has officially been posted to the Federal Register.
All this means is that the clock starts now for the #SECGov to engage and either approve or deny on or before October 18. (Source: Fox Business journalist Eleanor Terrett tweeted)
Trump: We want to be at the forefront of various fields, and cryptocurrency is one of them(TheBlock)
"Bitcoin hit multiple all-time highs because everyone knows I'm committed to making America the cryptocurrency capital," Trump said Wednesday at the Future Investment Initiative Institute conference in Miami. He added: "We want to be at the forefront of everything, and one of those things is cryptocurrency, and Miami seems to be the center of the action. If you think about it, maybe it's here to stay." Trump also mentioned his executive order to keep the United States "at the forefront of artificial intelligence and end Biden's war on #Bitcoin and #cryptocurrency ."
On February 18, #crypto asset management company #Bitwise announced on the X platform that it would donate $150,000 to support Bitcoin open source developers. When the Bitwise Bitcoin ETF (BITB) was launched, it had promised to donate 10% of its gross profit each year. Bitwise said it would fulfill this promise through its first annual donation. Three organizations will allocate relevant funds, namely Brink, OpenSats, and the Human Rights Foundation.🫡
El Salvador’s National #Bitcoin Office The Bitcoin Office tweeted that the National Library of El Salvador will set up a Bitcoin section. Not only will library visitors find all the great books about Bitcoin, they will also have the opportunity to see a complete node in action and learn about its important role in the Bitcoin network.
U.S. Customs intensifies efforts to seize Bitcoin mining ASIC equipment, affecting multiple manufacturers
According to Blockspace, U.S. Customs and Border Protection (CBP) has begun seizing Bitcoin mining #ASIC equipment including #MicroBT and #Canaan at the request of the Federal Communications Commission (FCC), expanding last year’s operation against #Antminer equipment. The devices, which the affected companies said were worth $5 million, were seized because they contained AI chips that were not approved by the FCC. Customs clearance issues have extended to multiple ports, with vendors such as #Bitmain , Canaan and MicroBT facing difficulties.
Decrypt: An independent #Bitcoin miner successfully mined Bitcoin block 883,181 without resorting to the resources of a large mining company, and received a reward of 3.125 BTC, plus a 0.033 BTC transaction fee, for a total of 3.158 BTC. Based on the current price of $98,300/BTC, the miner received a total reward of approximately $310,000. While the exact equipment of the miner is unknown, there is speculation that he may have used a $200 amateur mining rig.
CloverPool data shows that Bitcoin #mining difficulty ushered in a mining difficulty adjustment at block height 883,008, with the difficulty raised by 5.61% to 114.17 T, a record high. The current average hashrate of the entire network in the past seven days is 814.41 EH/s.
Antminer issued an article to promote its supporting solution for #Bitcoin #mining and abalone farms, which is a set of ANTRACK and four ANTMINERs (24kW); the abalone sea farm is located in Japan (about 500 square meters, 100,000 abalones); the seawater needs to be maintained at a constant temperature of 21+1°C throughout the year, and heating is required for about 8 months of the year, and the electric heating cost is as high as $104/day; the ANTRACK+ waste heat utilization solution is used instead of electric heating. #BITMAIN
In his final speech before taking office, U.S. President-elect Donald #Trump attributed stock market surges and Bitcoin's record highs to the "Trump effect." He told the rally that since the election, the stock market has surged, the small business confidence index has hit a 39-year high, surging 41 points, and Bitcoin has hit new highs.
#BTCBackto100K Bloomberg: Trump plans to designate cryptocurrency a national priority
On January 17, Bloomberg reported, citing people familiar with the matter, that Trump planned to issue an executive order to elevate cryptocurrency to a policy priority and provide industry insiders with a voice in the U.S. government.
The order is expected to designate cryptocurrencies as a national emergency or priority — strategic language intended to guide U.S. government agencies in working with industry.
The order also plans to create a #cryptocurrency advisory committee to propose policy priorities on behalf of the industry, people familiar with the matter said.
#BTCBackto100K According to Bloomberg, Thailand’s Securities and Exchange Commission (SEC) is considering approving the listing of #Bitcoin exchange-traded funds (ETFs) on local exchanges.
Pornanong, secretary-general of Thailand’s SEC, said that if approved, this would be the first opportunity for residents to directly invest in a Bitcoin ETF in the country. Currently, Thai investors can only access overseas Bitcoin ETFs through a fund-of-funds product launched by One Asset Management in mid-2024.