Block reward miners face the worst economics in BTC history
BTC miners face unprecedented challenges with plummeting profits, rising costs, and a shift towards AI, marking a critical…
Browsing Tag
Asher Genoot
10 posts
US opens door to foreign exchanges serving American customers
The CFTC is opening doors for Americans to trade on overseas digital asset exchanges again, giving U.S. firms…
Block reward mining threatened by Paper Bitcoin, centralization
U.S. appeals lenient sentence for HashFlare fraudsters amid concerns over BTC mining economics and the impact of ‘paper…
Trump tariffs offer few rewards to BTC block reward miners
April has been ‘the cruelest month’ for U.S. block reward miners so far, as Trump’s incoherent global trade…
Trump Hut 8 mining venture; Yield-bearing stablecoins rejected
America’s ambition to turn itself into a BTC mining 'capital of the world’ is pushing ahead with the…
Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2…
Bitcoin Supply Shortage Scare Deepens amid US Bank’s Demand
[[{„value”:” Coinspeaker Bitcoin Supply Shortage Scare Deepens amid US Bank’s Demand Asher Genoot, the CEO of Hut 8,…
Bitcoin miner bankruptcies will be less common this time around — Hut8 CEO
A slew of Bitcoin miners filed for bankruptcy in the crypto winter of 2022 but Hut 8 CEO…
Asher Genoot Replaces Jaime Leverton as Hut 8 CEO- Report
1 Asher Genoot replaces Jaime Leverton as the Chief Executive Officer of Hut 8. 2 Leverton’s resignation was…
Hut 8 to build 215MW mining site in Texas as part of Celsius reorg plan
The new site in Cedarvale, Texas, will host 66,000 mining rigs, with construction set to start in a…