Hut 8’s recent financial performance is, at the very least, alarming. A $134.3 million loss isn’t a missed quarter, it’s not even a correction, but is rather the flashing red light indicating disaster. The halving took its toll, but the operational downtime loomed even larger. Leading their efforts today, though,...
The numbers don't lie. Hut 8’s latest earnings report is a sobering wake-up call to the harsh new world that awaits Bitcoin miners after the halving. A move from $19 billion in profit to a nearly $29 billion loss – that’s not a small downturn, that’s a deep dive. Is...
Muneeb Ali, chief executive of Starks, a Bitcoin Layer 2 platform, has put forward an audacious prediction. He is convinced Bitcoin cannot help but hit $1 million. So, as you can imagine, the crypto world is abuzz. Another 10x jump? From here? It’s an alluring prospect, to say the least,...
Let’s face it, yet another Bitcoin price prediction… snoozefest. We've heard it all before. Experts flinging billions, technical charts that could grace a gallery of abstract art, and supply and demand debates that never seem to end. Starks founder Muneeb Ali believes in a million-dollar Bitcoin and calls it “inevitable,”...
It was meant to be a jubilant occasion, a celebration of Bitcoin’s immaculately engineered scarcity. Yet, behind those cheers, I can’t help but feel a tremor running through the mining community. I do think it’s worse than most are letting on. We’re not just talking about personal effects here—we’re talking...
The halving happened. Mining rewards slashed. MARA tripled down. Smart political strategery, or stupidly betting the entire farm? When I look at MARA’s $5 billion Bitcoin stack, I don’t see a lock. Instead, I sense a bold, high-stakes bet that might just pay off big or put them on the...
The allure of DeFi is undeniable: a permissionless, transparent, and efficient financial system built on blockchain. The better question is not whether DeFi will supersede traditional finance, but when, in what fashion and at what expense. Maple Finance is paving the way for the revolution of undercollateralized lending to institutions....
Imagine this: Priya, a single mother in Bangalore, diligently saving every rupee. She wants a better educational future for her daughter, but regular savings accounts provide pitiful interest rates. Then she finds out about Maple Finance and its magical SYRUP that will make her high yields appear. Could it be...
Is Bitcoin still only for tech wizards and Wall Street sharks. I know I’ve been personally following the crypto space for years. To be truthful, it just sounded like it was a bit out of reach for the average person. The price tag on mining hardware isn’t small potatoes either....
Well, it’s 2024 and the Bitcoin excitement is peaking again. You're probably hearing whispers about cloud mining, promises of easy profits and financial freedom. New platforms such as HashFly are launching, promising super-simple Bitcoin mining while you sit on your couch. Sounds appealing, doesn't it? Particularly when the old guard...