Bitcoin mining news: Hut 8 eyes 500 MW site, Cipher makes new hires, Riot revamps exec comp

It was a headline-heavy week for bitcoin mining news, led by Hut 8 (NASDAQ: HUT) seeking zoning approval for a massive data center project in Illinois, while Riot and Cipher make personnel changes amid their AI expansions. In the Bitcoin sector broadly, Bitcoin treasury companies experienced a positive development with MSCI retaining Strategy (NASDAQ: MSTR) in its indices. On the bitcoin mining network front, the bulk of transactions are coming from non-monetary transactions. And on the policy front thi ...