Season 1 Episode 378
Bitcoin mining sees major developments with ABTC beginning NASDAQ trading while Hive Digital surpasses 18 exahash and both CleanSpark and Riot release strong August production results.
• ABTC (American BTC) starts trading on NASDAQ, opening at $7.59 and climbing rapidly to show 36-37% gains
• Bitcoin price shows strength, breaking $112,000 after recent selling pressure
• MicroStrategy continues accumulation strategy with purchase of 4,048 BTC ($449 million)
• Top 100 companies now collectively own nearly 1 million Bitcoin (5% of total supply)
• Hive Digital reaches 18 exahash milestone ahead of schedule in Paraguay
• Hive creates 300+ local jobs and supports community development in Paraguay
• CleanSpark mines 657 Bitcoin in August with improved operational efficiency
• Riot earns $16 million in power credits, achieving industry-leading 2.6¢/kWh electricity costs
• Riot and CleanSpark currently leading Bitcoin miner performance year-to-date
Check out our upcoming interview with Patrick Flurry of TeraWulf covering the FluidStack-Google deal!
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Published on 3 months, 4 weeks ago
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