"To illustrate how extreme of an event last Thursday's liquidation cascade was, here's a chart showing the largest single-day wipeouts of open interest.
Last Thursday was the 5th largest single-day decline in Bitcoin futures open interest on record. Pretty wild."
- Will Clemente
Last Thursday was the 5th largest single-day decline in Bitcoin futures open interest on record. Pretty wild."
- Will Clemente
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Nodal Power raises $13M to harness the power of landfill methane for #Bitcoin mining & renewable energy! 🌱⚡️
#BTC #ProofOfWork
https://www.btctimes.com/news/nodal-power-raises-13-million-in-seed-round-to-boost-renewable-energy-initiatives
#BTC #ProofOfWork
https://www.btctimes.com/news/nodal-power-raises-13-million-in-seed-round-to-boost-renewable-energy-initiatives
BTC Times
Nodal Power Raises $13 Million in Seed Round To Boost Renewable Energy Initiatives
Nodal Power, a firm that uses methane from landfills to power Bitcoin mining data centers, has recently announced a successful $13 million seed funding round.
This initiative is geared towards dramatically reducing methane emissions from landfills by harnessing…
This initiative is geared towards dramatically reducing methane emissions from landfills by harnessing…
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Genesis Digital Assets unveils its new Bitcoin mining center in northern Sweden, tapping into green energy from the Porjus Hydroelectric Station!
https://www.btctimes.com/news/genesis-digital-assets-boosts-bitcoin-mining-operations-in-sweden
https://www.btctimes.com/news/genesis-digital-assets-boosts-bitcoin-mining-operations-in-sweden
BTC Times
Genesis Digital Assets Boosts Bitcoin Mining Operations in Sweden
Genesis Digital Assets (GDA), a prominent Bitcoin miner based on hash rate, has unveiled its latest mining center in northern Sweden.
Currently, the data center boasts a capacity of 8 megawatts (MW) and has been active since June 2023, with plans on expanding…
Currently, the data center boasts a capacity of 8 megawatts (MW) and has been active since June 2023, with plans on expanding…
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🚀 Unchained saw a 170% rise in Bitcoin-backed loans from Q1 to Q2 2023 👀
https://www.btctimes.com/news/unchained-sees-170-rise-in-bitcoin-loan-activity
https://www.btctimes.com/news/unchained-sees-170-rise-in-bitcoin-loan-activity
BTC Times
Unchained Sees 170% Rise in Bitcoin Loan Activity
Unchained, a leading financial services company focused on Bitcoin, witnessed a 170% rise in Bitcoin-backed loans between the first and second quarters of 2023.
Additionally, the company saw an 88% increase in institutional and corporate accounts, a 67%…
Additionally, the company saw an 88% increase in institutional and corporate accounts, a 67%…
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🟠 The Liquid Network solves the privacy challenges faced by traditional financial systems while anchored to Bitcoin 🌊
"Confidential transactions mean that on the ledger it is not possible for a third party to observe the type of asset involved in any transaction."
- Jeff Boortz, Blockstream Chief Product Officer
"Confidential transactions mean that on the ledger it is not possible for a third party to observe the type of asset involved in any transaction."
- Jeff Boortz, Blockstream Chief Product Officer
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🟠 Bitcoin long-term holder supply is at an all-time high, 14.654M.
While short term holder supply is at all-time low, 2.561M (discounting 2011).
Half of the total supply of the short term holders is currently sitting at a loss.
Credit to James V. Straten for the info.
While short term holder supply is at all-time low, 2.561M (discounting 2011).
Half of the total supply of the short term holders is currently sitting at a loss.
Credit to James V. Straten for the info.
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🟠 CleanSpark's hashrate has skyrocketed by over 200% since July '22! 🙌
Thanks to builds like this Bitcoin mining farm in Washington 🇺🇸, their hashrate surged from 3 EH/s to an incredible 9 EH/s today.
Talk about powering up hash! ⚡️
Thanks to builds like this Bitcoin mining farm in Washington 🇺🇸, their hashrate surged from 3 EH/s to an incredible 9 EH/s today.
Talk about powering up hash! ⚡️
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🇬🇧 Bitcoin art in London 🙌
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