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Tether invests in energy production in Uruguay to mine bitcoin

Tether is following in the footsteps of Bitfinex operator iFinex, which has previously invested in bitcoin mining efforts led by Blockstream.

Bitcoin backlash against NYT continues with #StopThePresses

The NYT’s anti-Bitcoin-mining article has presented its critics with an open goal to demand it cease its wasteful printing of newspapers.

Green bitcoin miner Iris Energy saw its share price plummet after it admitted that it was unable to repay more than $107M to US creditors.

Bitcoin miners’ revenue is sitting at around $13.53 million every day but they’re being forced to sell more than they mine to cover costs.

If successful, the new Russian crypto bill would allow miners to sell mined tokens via foreign platforms and in Russia.