Bitcoin

CoreWeave Raises $50M in New Funds From Magnetar Capital

November 11, 2021 0

CoreWeave, which primarily provides cloud services, applies computing power unused by its cloud clients to mine ether. In total, the company operates over 1,200 GH of ETHash [Ethereum’s mining algorithm] equivalent hashrate, or computing power, […]

Picture of a bitcoin in front of a market chart
Bitcoin

Institutional Bitcoin Open Interest Plummets, But Why?

November 11, 2021 0

Institutional investors had FOMO’d into bitcoin with the release of the first Bitcoin ETF. This enthusiasm quickly died down the week following the approval as trade volumes plummeted. The record opening was quickly replaced by […]

Bitcoin

Why Shouldn’t the Navajo Mine Bitcoin?

November 11, 2021 0

From the bitcoin mining industry’s perspective, the case is clear-cut. Financially, bitcoin invites anyone to participate. Anyone can transact freely, enforce the rules with a node or even earn bitcoin by simply plugging into the […]