Bitfarms Outlines Defense Plan Against Rival Riot's Ongoing Takeover Bid
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Bitfarms announced on Monday that its Board of Directors has unanimously approved a shareholder rights plan, effective immediately, to preserve the integrity…
Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?
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Bitcoin is dumping when writing, cooling off from May highs of nearly $72,000. Down roughly 10% from all-time highs, there could be…
Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
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Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts…
Riot Stock Rebounds Strongly, Shrugging Off Short Seller's Report
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Riot shares experienced a recovery on June 5 following a report from short seller Kerrisdale Capital. The paper, released just before the…
Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
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Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin…
Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700
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The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for…
Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving
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Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs…
Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas
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According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase…
Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining
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The Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin…
Latam Insights: El Salvador Embraces Geothermal Bitcoin Mining, Bitfarms Expands Its Capacity in Paraguay
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue:…