New open-source software lets bitcoin miners run on excess solar energy

The post Micron Technology (MU) Stock Surges on $3 Billion Domestic Chip Supply Initiative appeared on BitcoinEthereumNews.com. Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/micron-technology-mu-stock-surges-on-3-billion-domestic-chip-supply-initiative/

Investor scrutiny on Bitcoin miners' AI pivot highlights governance issues and funding challenges, potentially reshaping the sector's future. The post Bitcoin miners face investor scrutiny over AI pivot and insider sales appeared first on Crypto Briefing.

The post MARA Stock Jumps on 2 GW Texas Power Site Acquisition appeared on BitcoinEthereumNews.com. Bitcoin miner MARA Holdings shares rose about 15% in early trading Thursday after the company announced plans to acquire a Texas powered-land site with access to up to 2 gigawatts of electricity for AI computing and Bitcoin mining. The 1,200-acre site in Matagorda county, about 90 miles southwest of Houston, is expected to provide access to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028. MARA said it plans to develop the site as a digital infrastructure campus supporting both high-performance computing and Bitcoin mining. Upon full energization, the site is expected to more than double the Bitcoin (BTC) miner’s potential power capacity to about 4.8 GW. HIF USA will retain a minority ownership stake in the project if MARA signs a lease with a high-performance computing tenant, according to the companies. The companies did not disclose financial terms of the

As AI-driven mining stocks retreat, investors are examining executive stock sales, governance and shareholder alignment across leading Bitcoin miners, according to Blocksbridge Consulting.

The post Bitcoin Mining Giant Buys Texas Land Once Promised for Green Fuel in $600M Bet appeared on BitcoinEthereumNews.com. MARA, a major Bitcoin (BTC) mining company, will buy a large Texas site once planned as a green fuel plant. The company will turn the land into flexible power for mining and artificial intelligence (AI) tenants. The deal with fuel developer HIF Global could reach $600 million if targets are met. It hands MARA a fully permitted site with grid rights for up to 2,000 megawatts in Matagorda County. MARA Stock Performance. Source: TradingView MARA’s Texas Site Trades Fuel for Computing HIF Global promoted the site as the first large e-fuels plant in the United States. Texas Governor Greg Abbott backed the roughly $7 billion project. It would split water to make cleaner shipping fuel and recycle carbon dioxide. Crucially, HIF had already won full permits and a secured grid connection for about 1.8 gigawatts of power. Those approvals can take years to win in the race fo

Marathon's Texas expansion could redefine Bitcoin mining efficiency and sustainability, while positioning for AI market integration and investment growth. The post MARA acquires strategic Texas land from HIF to accelerate large scale digital infrastructure growth appeared first on Crypto Briefing.

The post Kazakhstan Sets Bold Path in Crypto Regulation appeared on BitcoinEthereumNews.com. Kazakhstan has announced a comprehensive overhaul of its cryptocurrency regulations designed to enhance its status as a key center for Bitcoin mining. This initiative aims to boost the industry by introducing stablecoin-supported payment systems, tax concessions for licensed crypto engagements, and innovative energy solutions for mining operations. Continue Reading:Kazakhstan Sets Bold Path in Crypto Regulation Source: https://en.bitcoinhaber.net/kazakhstan-sets-bold-path-in-crypto-regulation

The post Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins appeared on BitcoinEthereumNews.com. Top public Bitcoin miner CleanSpark’s latest BTC count carried a footnote that may matter more than the headline total: of the 13,924 BTC it reported as of June 30, 1,719 BTC was posted as collateral or recorded as a receivable, all tied to derivative transactions That amounts to roughly 12% of the miner’s reported Bitcoin balance held in financing or risk-management mechanisms rather than functioning as a readily available reserve. For reference, CleanSpark currently owns the 11th-largest public Bitcoin treasury among operating companies. The disclosure does not imply misuse. It does show why miner treasuries are getting harder to read as the same BTC stacks are marketed as strength, sold for cash, pledged, restricted, or moved through derivatives. Related Reading Bitcoin miners start funding pivot to AI with debt while selling BTC to stay liquid Coi