Search results for Bitmain
Crypto
U.S.-China rivalry spills into cryptocurrency with diverging strategies on bitcoin
The U.S. Department of Defense is operating bitcoin nodes to run network security tests, in its first official acknowledgement of such activity, as competition intensifies over using bitcoin as a national security asset. Admiral Samuel Paparo Jr said bitcoin is linked to national security and has cyber applications beyond its economic value. Iran, Taiwan and Russia are also considering or using bitcoin in payments or reserves. U.S.-China tensions extend to seized holdings and mining supply chains.
Crypto
Tether takes 8.2% stake in Antalpha, expands bitcoin mining finance investment
Tether has secured an 8.2 percent stake in bitcoin mining finance platform Antalpha, becoming a major shareholder. A U.S. filing shows Tether holds 1.95 million shares through affiliates, with chairman Giancarlo Devasini sharing voting and disposal authority. Antalpha provides bitcoin-backed loans and mining equipment financing and had a loan portfolio of about $1.6 billion at end-2024. Tether has been widening investments across mining, AI, financial services and tokenised assets.
Crypto
Bitcoin solo miner beats 300-year odds to win $220,000 jackpot
A rare case has emerged of a miner successfully mining a Bitcoin block on the network using very small equipment. The solo miner overcame odds described as about a once-in-300-years event and received about 3.128 BTC in rewards. The miner used CKPool’s solo mining software to mine block 944,306, collecting a 3.125 BTC subsidy plus 0.003 BTC in fees, worth about $220,000.
