Mining News

MULLS Crypto Mining Venture Mulls-Report-Report

I have an American bitcoin corp. And a mining process supported by the Trump family, plans to raise additional capital, including through a preliminary public offer (public subscription), According to To April 1 report by Bloomberg.

On March 31, HUT 8 – Pitcoin is publicly traded (BTCMine – I got the majority share in the American bitcoin (Previous American data centers), whose founders, Donald Trump Junior and Eric Trump.

After announcing the deal, HUT 8 transferred Bitcoin mining equipment to the newly created entity, which has not yet been circulated.

While Bitcoin America will focus on encryption mining, HUT 8 plans to target the data center infrastructure for use cases such as high -performance computing. Ashir Genot, CEO of HUT 8, said in a statement that the deal “is developing a cottage 8 towards more fundamental, financing and lowest parts of capitalism.”

“So you can see this in the long run as my sister’s sister was circulated publicly,” Genot told Bloomberg. “One is the energy, infrastructure data centers and the other that is Bitcoin, AISCS and reserves and together form a vertical company that has some of the best economy there.”

According to Bloomberg, American Bitcoin works with Bitmain, a Chinese bitcoin mining supplier. Bitmain faced the American intelligence black list.

Bitcoin mining revenues in the quarter. source: Currency scales

Related to: An artificial intelligence analysts for bitcoin miners, chips sales before the fourth quarter profits

Axis for new business lines

Bitcoin miners work increasingly towards alternative business lines, such as service Artificial intelligence modelsAfter reducing the “half” of the Bitcoin Network to mining revenues.

Halvings occurs every four years and cut in half of the BTC naughty number for each block.

Miners “diversify the AI ​​Data Center as a way to expand revenues and re -display the current high -performance computing infrastructure”, ” He said the metal currency standards in the March report.

I have developed low currency prices More pressure on bitcoin miners in 2025According to a report issued by JPMorgan.

magazine: Elon Musk’s plan to operate the government on Blockchain faces an arduous battle