18 / 74 Relevant items tagged with #Blockchain

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Bitcoin Miner Iris Energy Increases Mining Output by 10%

[Sep 5, 2024 4:30 PM] 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…

Coinbase Reports Its First AI-to-AI Crypto Transaction

[Sep 2, 2024 12:30 AM] Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s…

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

[Sep 1, 2024 11:30 PM] Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike…

Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M

[Aug 30, 2024 4:40 PM] After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday…