Bitcoin miner Genesis Digital Assets raises $431M
Major Bitcoin (BTC) mining company Genesis Digital Assets has secured $431 million in funding to expand its industrial-scale mining operations in the United States and Nordics. The new funding round was led by Paradigm, one of the biggest cryptocurrency investment companies backing major industry players like Coinbase and FTX. Paradigm co-founder Matt Huang has also […]
No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking
Bitcoin’s (BTC) rapid recovery above $46,000 has renewed calls for a $100,000 BTC price by the end of 2021, while the effects of China’s crackdown on the mining industry are slowly beginning to fade as the Bitcoin network hash rate shows signs of recovery. Bitcoin mean hash rate vs. price. Source: Glassnode One of the […]
Shock survey suggests most investors think Bitcoin won’t top $50K by 2030
British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom believe BTC is a better long-term store of value than the dollar. More than half of respondents believe Bitcoin will beat out gold, real estate, and the stock […]