Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss
Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite...
Mining
Riot Platforms power strategy reaps $31.7M in Texas energy credits
Continuing its strategic shift aimed at mitigating losses, Riot Platforms, a prominent Bitcoin miner, continues to capitalize on Texas’s energy...
Cambridge Bitcoin Energy Consumption Index lowers estimate by 14%, revises methodology
The Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks global Bitcoin energy consumption, has undergone its first major update since...
US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal
Data center operator US Bitcoin Corp (USBTC) will host 8,500 Bitcoin (BTC) miners with an estimated hashrate of 820 petahash...
Lufthansa Airlines Debut NFT Loyalty Program on Polygon
One of the biggest airlines, Lufthansa, has recently announced the launch of its dedicated NFT loyalty program. It will reward...
