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Category: Technology

Technology 2 years ago

Bitcoin miners upgrade power centers and get into AI to brace for slashed revenue post halving

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AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S....

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Technology 2 years ago

How a Jack Dorsey-backed bitcoin miner uses a volcano in Kenya to turn on the lights in rural homes

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HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct...

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Technology 2 years ago

Bitcoin just completed its fourth-ever ‘halving,’ here’s what investors need to watch now

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Dado Ruvic | Reuters The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history. The...

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