Orbital data center company to start mining Bitcoin in space
Starcloud CEO Philip Johnston noted that it is 30 times cheaper to mine Bitcoin on ASICs than on GPUs in space on a kilowatt-hour basis.
Starcloud CEO Philip Johnston noted that it is 30 times cheaper to mine Bitcoin on ASICs than on GPUs in space on a kilowatt-hour basis.
The facial recognition question is where things get more tangled.
Every major global exchange has restored full FLOW services, said the Foundation on Monday.
NYDIG’s Greg Cipolaro says that Bitcoin and tech stocks aren’t converging and are likely just reacting to macroeconomic conditions rather than trading in tandem.
The proposal would give exchanges legal cover to temporarily freeze suspicious crypto while investigators move to secure warrants.
If the CLARITY Act fails to pass, Giancarlo said he expects Paul Atkins at the SEC and Mike Selig at the CFTC will likely write rules to create clarity for the industry.
Nikkei drops more than 6%, and Kospi slides about 8% as traders price supply disruption risk, while prediction markets show strong odds of $120 crude.
Despite a rise in crypto fundraising, Messari’s Eric Turner noted that no major crypto VCs have closed rounds except Dragonfly recently, stating that crypto “needs some fresh capital.”
Whether Bitcoin’s resilience holds may depend less on battlefield developments than on how energy prices respond in the days ahead.
Bitcoin’s price has now fallen over four consecutive days to $66,272 after initially climbing on the US-Israel strikes on Iran.
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There was little sign over the weekend of any de-escalation in the war against Iran.
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Strategy’s Bitcoin treasury is valued at over $48.4 billion at the time of this writing, but with a net asset value of less than 1, it’s trading at a discount.
The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024.
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On the latest episode of TechCrunch’s Equity podcast, we discussed what the controversy means for other startups seeking to work with the federal government.
The Pix payment system is credited with driving crypto adoption in Argentina, according to a report from the Lemon crypto application.