Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,564,798,216.85
  • 24h Vol: $55,554,871,374.03
  • BTC Dominance: 56.53%

Data Centers

btc-miner-cathedra-shifts-focus-to-bitcoin-acquisition-strategy

BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy

Leave a Comment / Bitcoin, bitcoin acquisition, Bitcoin mining, bitcoin per share, Cathedra Bitcoin, Crypto Hacked, Cryptocurrency, cryptocurrency strategy, Data Centers, Ethereum, financial strategy, global reserve asset, MicroStrategy approach, News / / / , , , , , , , , ,

Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained recognition for its bitcoin acquisition policy. Cathedra Bitcoin Ditches Mining […]

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bitcoin-miner-iris-energy-increases-mining-output-by-10%

Bitcoin Miner Iris Energy Increases Mining Output by 10%

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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 Energy’s Bitcoin Mining Efficiency Leads to Output Growth In its August 2024 investor update, Iris Energy

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imf-economists-suggest-electricity-tax-to-lower-crypto-and-ai-environmental-impact

IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

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International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating

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environmental-impact-of-ai-models-takes-center-stage-amid-criticism-against-bitcoin-mining

Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining

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While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers.

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