The Pakistani government is exploring ways to attract bitcoin mining operators to consume excess electricity and reduce the financial burden on the power sector. The country's energy ministry has consulted with relevant parties to design special electricity tariffs for emerging industries such as cryptocurrency mining.
On March 11, Elon Musk said Monday that he is facing "great difficulty" in balancing the U.S. Department of Government Efficiency (DOGE) with other businesses. Tesla suffered its biggest one-day decline in five years while its social media platform "X" experienced several cyber attacks. Musk said in an interview that he expects to stay in the Trump administration for another year. Tesla's stock price has been falling every week since Musk joined the Trump administration as a "secretary" of the D...
Elon Musk said on Monday that he was facing "tremendous difficulties" in balancing the U.S. Department of Government Efficiency (DOGE) with other businesses. Tesla suffered its biggest one-day drop in five years while its social media platform "X" experienced several cyberattacks. Musk said in an interview that he expected to stay in the Trump administration for another year. Since Musk joined the Trump administration as DOGE "Secretary", Tesla's...
The US SPR has been consumed during the Biden administration, and Trump has vowed to restore it to maximum capacity. Click to view...
According to the Wall Street Journal, Ontario, Canada will impose a 25% export tax on electricity exported to the United States.
On February 24th, according to industry news, Nvidia's latest Blackwell architecture GPU chip has seen strong demand, accounting for more than 70% of TSMC's CoWoS-L advanced packaging capacity this year. Shipments have increased by more than 20% quarter-on-quarter.
Nasdaq-listed Nano Labs announced that it has entered into a share purchase agreement with certain investors to sell 913,714 shares of the company's Class A common stock in a private placement. The purchase price of each Class A common stock is $6.46, and the total purchase price of the private placement is approximately $5.90 million. In addition, Nano Labs also stated that it has recently increased its holdings of Bitcoin. As of February 21, 2025, it holds a total of approximately 400 Bitcoin,...
Nasdaq-listed Quantum BioPharma announced an increase of $1 million worth of bitcoin. In December last year, the company announced the launch of its bitcoin strategy and bought $1 million worth of bitcoin. As of now, its total bitcoin investment has reached $2 million. Quantum BioPharma said that its cryptocurrency holdings will be held by the compliance custodian and will explore cryptocurrency-based financing and other transactions in the future.
Sol Strategies, a company listed on the Canadian Stock Exchange, added 12,456 SOLs, bringing its total holdings to 226,798 SOLs, worth 64.20 million Canadian dollars.
Nasdaq-listed company Semler Scientific, which adopts bitcoin reserve strategy, announced its financial performance report for 2024, in which it disclosed that it held 2,298 BTC as of December 31, 2024, and the BTC yield was 107%; then it added 894 BTC at the end of last year to February 14 this year. As of now, the total holdings of bitcoin have reached 3,192 BTC, and the total purchase amount is 280.40 million US dollars.
The Russian Foreign Ministry: It is not enough for Russia to simply reject Ukraine's NATO membership. NATO must deny the 2008 Bucharest commitment.
On February 18, according to Itar-Tass News Agency, in 2024, the Russian power company "Rosseti" will lose more than 1.30 billion rubles due to "black miners" illegally connecting to the grid and not metering electricity. Among them, "Rosseti North Caucasus" company lost the most, more than 600 million rubles; "Rosseti Novosibirsk" company lost 400 million rubles; "Ross...
According to Decrypt, an explosion in the Malaysian city of Bandar Puncak Alam has uncovered an illegal bitcoin mining operation, marking another cryptocurrency-related electricity theft in the country. At 11:41 a.m. on Tuesday, smoke and flames billowed from the house involved, and local residents called for help. After the fire was extinguished at 4:45 p.m., investigators discovered a complex illegal device: nine bitcoin mining machines, blowers, and a D-link router, all connected to unidentif...
Nasdaq-listed Hive Digital officially released its results for the year ended December 31, 2024, and its executive chairperson Frank Holmes said that the company's mining output in 2024 was 1,770 BTC, setting a new high for bitcoin holdings at the end of last year, with 2,805 bitcoins worth more than $260 million, a 263% increase compared to the $72 million bitcoin on the balance sheet at the end of December 2023.
The reporter learned that recently, the Shijiazhuang Municipal Data Bureau and China Electronic Cloud, a subsidiary of Sanda, based on the trusted intelligent computing resources of the Shijiazhuang artificial intelligence computing center, jointly explored the innovative application of the DeepSeek big model in the field of government affairs. Based on the DeepSeek big model, it will promote business navigation, consulting services, resource matching, business optimization, special population s...