Excess Supply of Bitcoin Could Keep Pushing BTC Down, Experts Say

Excess Supply of Bitcoin Could Keep Pushing BTC Down, Experts Say

The cryptocurrency market may have to brace for potential turbulence in the coming months as several major Bitcoin (BTC) holders—including defunct exchanges and government entities—could liquidate substantial portions of their holdings.  This raises…

Reddit Invests Excess Cash Reserves Into Bitcoin

Reddit Invests Excess Cash Reserves Into Bitcoin

Reddit, the popular social media platform, has disclosed in a Securities and Exchange Commission (SEC) filing that it has invested a portion of its excess cash reserves into Bitcoin. The social media giant…

This Swiss Company Wants to Use Excess Energy From Food Production to Mine Bitcoin

This Swiss Company Wants to Use Excess Energy From Food Production to Mine Bitcoin

Gabbani, a hotel company based in Lugano, Switzerland, has unveiled an initiative to mine Bitcoin using excess energy from its food production facility. The new project is set to solidify Lugano’s status as…

TEPCO To Mine Bitcoin With Excess Energy – Bitcoin Magazine

TEPCO To Mine Bitcoin With Excess Energy – Bitcoin Magazine

Japan’s largest electric power company is about to start mining bitcoin. Tokyo Electric Power Company (TEPCO) Power Grid is partnering with TRIPLE-1, a local semiconductor designer and developer, to mine bitcoin with excess…

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