mining

Ethereum's New Savior? This Bitcoin Miner's Bold Move Could Backfire

Ethereum's New Savior? This Bitcoin Miner's Bold Move Could Backfire

I think about Sarah, a nimble Solidity developer I spoke to at ETHDenver. She’s invested blood, sweat and tears into creating powerful decentralized applications, consistently bootstrapping her endeavors on vapors and ramen. When I told her about BitMine's $250 million Ethereum buy-in, her initial reaction wasn't excitement. It was the...

Tom Lee Leads Bitcoin Miner's $250 Million Pivot to Ethereum Treasury Strategy

Tom Lee Leads Bitcoin Miner's $250 Million Pivot to Ethereum Treasury Strategy

BitMine Immersion Technologies, a relatively unknown Bitcoin mining firm, is making headlines with its strategic shift towards becoming a major Ethereum holder. Chairman Tom Lee, the Wall Street megastar strategist, is at the head of the Tsar cavalry, reconstituting their Apple at the helm. They are launching a $250 million...

Bitcoin Miner's 10x Surge: Is This Ethereum Treasury Play Legit?

Bitcoin Miner's 10x Surge: Is This Ethereum Treasury Play Legit?

The cryptocurrency space is never lacking in twists and turns. Just recently, BitMine’s stock price surged after it announced plans to establish an Ethereum treasury. Inspired by MicroStrategy's success with Bitcoin, BitMine is diving into Ethereum, but is this move a stroke of genius or a gamble fueled by hype?...

ETH Mining Revolution: AI-Powered Passive Income is Here!

ETH Mining Revolution: AI-Powered Passive Income is Here!

Cryptocurrency mining is a fast-moving space. Innovative AI-powered cloud mining platforms like Beastnode are at the forefront of this revolution. CryptoMiningFirm is leading the charge, offering a compelling proposition: eco-friendly, AI-optimized cloud mining contracts that promise steady daily profits. If you’re looking to get ahead in the rapidly evolving world...

Bitcoin Miner's ETH Bet: A Win For The People Or Just Profit?

Bitcoin Miner's ETH Bet: A Win For The People Or Just Profit?

Meet Amahle, an 18-year-old woman from rural Kenya. She gets her microloans through a DeFi lending platform on Ethereum. In doing so, she cuts out the banks that won’t give her a loan without collateral she doesn’t own. Aside from this security, the actual platform is secured by blockchain technology....

Bitcoin Miner Goes All-In on ETH: Smart Move or Risky Bet?

Bitcoin Miner Goes All-In on ETH: Smart Move or Risky Bet?

Such is the exciting and unpredictable nature of the crypto space! The biggest new entrant in this seems to be Bit Digital, Inc., which has made its name on Bitcoin mining. In a surprising turn, in late April Bit Digital made headlines when it announced the company’s decision to go...

Bitcoin Miners Are Dumping BTC For ETH? 3 Reasons Why It's Genius

Bitcoin Miners Are Dumping BTC For ETH? 3 Reasons Why It's Genius

Everybody’s yelling “Bitcoin rules!”, more so now than ever with the ETF approvals. And no, I don’t think BTC is a bubble. And yes, BTC has had a phenomenal run. But are you actually paying attention to what’s going on below the surface? Look at Bit Digital (BTBT). They’re now...