BTC miners raising capital, buying rivals, fearing Kamala and burning the planet

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The post BTC miners raising capital, buying rivals, fearing Kamala and burning the planet appeared first on CoinGeek.

MARA CEO Fred Thiel is one of these pro-Trumpers, declaring last month that mining would “flourish” under a second Trump administration.

In July, government officials claimed to have lost RM3.4 billion (US$779 million) from electricity theft by ‘crypto’ mining operations since 2018.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaIndiaJapanKenyaMalaysia

Topics: Joe Biden BTC Proof of work CryptoQuant Fred Thiel Crypto Crime Cartel Energy consumption United States International Monetary Fund Tech Bernstein BitFuFu CleanSpark Block reward mining MARA Kamala Harris Jamie Harrison Donald Trump AI Riot Platforms Artificial intelligence Bitdeer

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 11:00:13 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1790 words

Reading Time: 10 minutes read

Sentences: 60 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 22194524

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