Russia's top economic aide Maxim Oreshkin said crypto assets should be included in the country's balance-of-payments statistics, calling Bitcoin mining an "underrated export." He noted Russian firms are using crypto for cross-border imports and selling mined coins, with a tangible impact on the FX market. Luxor Technology estimates Russia accounts for ~16% of global hashrate, second only to the U.S. Sergey Bezdelov, head of the Russian Industrial Mining Association, said miners produced roughly 55,000 BTC i ...

Illegal Bitcoin mining in Malaysia has become so prolific that authorities are deploying drones with thermal imaging to search for unusual power use. https://t.co/5YSpxSSBBw📷: Deputy Minister of PETRA’s Office https://t.co/xwV7YvcGor ...

Illegal Bitcoin mining in Malaysia has become so prolific that authorities are deploying drones with thermal imaging to search for unusual power use https://t.co/5O05GhaLFK ...

This tulip farm in the Netherlands uses heat from Bitcoin mining computers to warm its greenhouses, recycling energy that would otherwise be wasted. The system keeps flowers growing through the cold months while the miners continue generating profit.https://t.co/fz5yfLDg6D ...

Core Viewpoint - The article discusses the importance of reliable information in investment decisions and emphasizes that historical performance does not guarantee future success [1]. Group 1: Company Information - Investor's Business Daily (IBD) provides information for educational purposes and does not constitute an offer or recommendation to buy or sell securities [1]. - IBD sources its information from what it believes to be reliable sources but does not guarantee accuracy or timeliness [1]. Group 2: Industry Insights - The investment industry is characterized by the need for accurate and timely information to make informed decisions [1]. - Historical investment performances are highlighted as not being indicative of future results, stressing the inherent risks in investment strategies [1].

Core Viewpoint - Shares of American Bitcoin, a bitcoin mining company backed by two of U.S. President Donald Trump's sons, experienced a significant decline of nearly 40% in value following the expiry of a certain event, but steadied in premarket trading the next day [1] Company Summary - American Bitcoin is a bitcoin mining company that has gained attention due to its association with prominent political figures, specifically the sons of former President Donald Trump [1] - The company's stock volatility indicates a sensitive market reaction to external events, which can impact investor sentiment and trading behavior [1] Industry Summary - The bitcoin mining industry remains highly volatile, with significant price fluctuations that can occur rapidly based on market conditions and investor reactions [1] - The involvement of high-profile individuals in the industry may influence public perception and investment interest, potentially leading to increased trading activity [1]

Industry Development - Bitcoin mining hardware manufacturer Canaan is building a renewable-energy adaptive mining platform [1] - The platform features AI-driven load balancing, in partnership with green-power developer SynVista Energy [1]

American Bitcoin (ABTC) shares crashed as much as 49% on Dec. 2 amid broader macro-driven turmoil in the cryptocurrency market. Bitcoin (BTCUSD) is currently down some 30% versus its year-to-date high of over $126,000 in early October. More News from Barchart This severe correction has triggered massive liquidations exceeding $19 billion, affecting over 1.6 million traders in what analysts describe as one of the most significant deleveraging events in crypto history. Versus its year-to-date high, ABTC ...

🚨 ALERT: Bitcoin mining margins have hit historic lows as hashprice drops to about $35 per PH per second, pushing many public miners with median hashcosts near $44 into break-even territory. https://t.co/JihZiqUWbQ ...

⚡️ UPDATE: Cango marked one year as a Bitcoin miner with Q3 revenue of $224.6M, and 1,930.8 $BTC mined. https://t.co/ZRUUsGvDgt ...