Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining

Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining   news.bitcoin.com 07 September 2024 08:35, UTC Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be…

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Bitcoin Miner Ionic Faces Challenge From Disgruntled Shareholders

Bitcoin Miner Ionic Faces Challenge From Disgruntled Shareholders   decrypt.co 05 September 2024 20:56, UTC The cryptocurrency exchange Figure Markets is mobilizing Ionic Digital shareholders, staging efforts through social media to shake up the Celsius-linked Bitcoin miner’s board of directors. Ionic, a Texas-based mining firm, emerged from Celsius’ Chapter 11 bankruptcy as a company owned…

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Marathon Digital hints at AI pivot following Bitcoin production slowdown in August

Marathon Digital hints at AI pivot following Bitcoin production slowdown in August   cryptoslate.com 05 September 2024 19:25, UTC Marathon Digital is showing interest in artificial intelligence (AI) as its Bitcoin production slowed in August. On Sept. 5, the BTC miner announced the appointment of AI experts Janet George and Barbara Humpton to its board,…

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Bitcoin Miner Iris Energy Increases Mining Output by 10%

Bitcoin Miner Iris Energy Increases Mining Output by 10%   news.bitcoin.com 05 September 2024 17:23, UTC Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris…

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