Compass Mining, Synota Redirect Bitcoin Hashrate to Fund Energy and Healthcare Initiatives
Compass Mining has partnered with Synota’s “Impact Mining” initiative to redirect a portion of bitcoin mining revenue toward subsidizing energy costs for healthcare and education projects in underserved Nigerian communit...
Original source
Read on Bitcoin NewsRelated market context
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
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...
Investors pull 13% from BlackRock private credit fund in Q1
Investor redemption pressures in private credit funds may trigger broader market liquidity issues, impacting risk assets like cryp...
SpaceX joins wave of mega fundraises that could reshape tech and crypto markets
The mega fundraises could shift capital from crypto to tech IPOs, impacting liquidity and setting new precedents for corporate cry...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...