BitMine Reports 22x Revenue Surge, $9.1B Net Loss on ETH Write-Down
BitMine Immersion Technologies posts $46.5M revenue, but $9.1B loss from non-cash Ethereum markdown.
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BitMine Immersion Technologies posts $46.5M revenue, but $9.1B loss from non-cash Ethereum markdown.

Proposal to cap arbitrary data on Bitcoin faces deadline with no miner backing, sparking debate over consensus risk.

The SEC is reportedly examining whether the rapid growth of crypto ETFs has introduced new risks to investors.

Dubai leads Asian crypto hub rankings, India isolates banks from crypto, SBI Crypto shuts down major mining pool, and Russia advances digital ruble.

Corporate miner Bitmine adds to its Ethereum treasury, reaching 5.7 million ETH.
Bitcoin's fixed supply of 21 million coins will eventually be fully mined, but the network will keep operating with miners earning transaction fees.

Oman has introduced Omanhash.om as the official mining pool for licensed crypto miners, marking a sovereign push into Bitcoin mining oversight.

A mining-cost chart suggests $47,000 as a bottom, but experts warn it oversimplifies miner economics.

Jiang Zhuoer argues Strategy's liabilities are manageable even in a severe Bitcoin drawdown.