Category: Mining

[ad_1] Key Takeaways On June 30, the Energy Department issued emergency orders to the PJM grid to prevent blackouts. High power prices forced Bitcoin miners to curtail operations, cutting global hashrate. Investors are tracking PJM grid data and hashrate trends ahead of a mid-July heat wave from July 14–19. High Prices Trigger Miner Curtailments A…

[ad_1] This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. Tether-affiliated entities reported beneficial ownership of 37.7 million Bitdeer Class A shares as of June 12, equal to 19.7% of the company’s outstanding…

[ad_1] This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The proposed settlement, filed Monday in the U.S. District Court for the Southern (NYSE: SO) District of New York, would resolve claims on…