Eric Trump Backs New Bitcoin Mining Venture With Hut 8, Plans to Go Public
The venture plans to scale fast, mine Bitcoin cheaply, and expand the family’s crypto footprint ahead of a potential public offering.
Original source
Read on DecryptRelated market context
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...
Investors lose over $200M on American Bitcoin shares while Eric Trump’s stake holds at $70M
The disparity in losses highlights the risks retail investors face in celebrity-backed ventures, emphasizing the need for cautious...
Trump to discuss Strait of Hormuz demining at G7 summit as crypto enters the maritime conflict
The G7 summit discussions on demining the Strait of Hormuz could reshape global trade security and influence crypto's role in geop...
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...
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...
Fortune Names 30 Crypto Innovators for 2026
Key Takeaways: Fortune has just released its list of the top 30 companies and projects that are changing the face of the crypto se...