According to a recent study, the combined short interest in stocks of fifteen bitcoin mining businesses is getting close to $2 billion. About 663 blocks left until the next reward halving, which corresponds with a fall in the performance of these mining stocks from their earlier year stronger start. Short Bets on Mining Stocks Are … Read more
The Paraguayan Senate has authorized a resolution endorsing the sale of the nation’s excess electricity to cryptocurrency mining firms, considering the terms and assurances that these establishments provide. The proclamation calls for the energy to be directed to 20 new contracts with cryptocurrency-mining companies, criticizing the poor deals that sell energy to Brazil for 25% … Read more
Cryptocurrency miners have received letters from the U.S. Energy Department’s statistics arm, the U.S. Energy Information Administration (EIA), requesting information about their mining sites’ layout and energy usage. One of the letters shared on social media states that miners have until February 23 to disclose any information on the activities that took place in January. … Read more