ethereum staking

Bit Digital Bets Big on ETH: Dumps Bitcoin Mining for Staking

Bit Digital Bets Big on ETH: Dumps Bitcoin Mining for Staking

For anyone attached to the cryptocurrency matrix, the company name Bit Digital (BTBT) should sound familiar. Well, that’s all about to change in a big way. The New York-based firm has been winding down its Bitcoin mining business. Rather, it’s doubling down on Ethereum staking and decentralized treasury management. It’s...

Bit Digital Ditches Bitcoin Mining: Is Ethereum Staking the Future?

Bit Digital Ditches Bitcoin Mining: Is Ethereum Staking the Future?

Bit Digital, previously known for its Bitcoin mining business, is taking a daring leap. This cannot-miss action is sending shockwaves across the crypto universe. In fact, the company has completely reversed its pivot towards Bitcoin mining, instead deciding to focus on Ethereum staking and treasury management. This shift raises some...