This weekend, the Bitcoin network logged its steepest difficulty cut since July 3, 2021—a moment that followed China’s sweeping ban on mining and trading, which triggered a sharp market sell-off and sent miners scrambling for exits beyond the region. Bitcoin Mining Gets Easier—for Now—as Difficulty Drops 11.16% After a winter storm ripped through dozens of […]
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Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%. Source link
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