Bitcoin Miners Hut 8, US Bitcoin Corp to Merge in All-Stock Deal
The move comes as more mining companies suffer through the crypto winter.
Original source
Read on DecryptRelated market context
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...
Uranium Holds Above $85 as Mining ETF Rebounds From June Sell-Off
The latest charts display that the market is divided into stable physical prices and uranium shares trying to regain momentum afte...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral
TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The propo...
Bitcoin mining difficulty drops 10% in one of the largest downward adjustments ever recorded
The significant difficulty drop highlights the vulnerability of miners to market fluctuations, potentially impacting Bitcoin's sta...