Fortitude Sells $8.3M in Borrowed ZEC to Fund Mining
Dollar-denominated repayment let Fortitude fund new capacity without a matching ZEC spot buy, while added rigs could reduce incumbents’ reward share after difficulty adjusts.
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Dollar-denominated repayment let Fortitude fund new capacity without a matching ZEC spot buy, while added rigs could reduce incumbents’ reward share after difficulty adjusts.
Security analysts say drug cartels are reaching a new level of financial sophistication, using stolen hydroelectric power and GPU farms to generate clean on-chain funds.
The discovery was the fourth similar operation in the area since early 2025, as Chainalysis flags crypto mining and transfers as laundering tools for Latin American cartels.
ZEC's breakout combines direct U.S. ETF demand with expanding mining capacity, even as tougher competition squeezes miner profitability.
The detention lands on top of tax-evasion charges and a regional mining ban that has already pushed BitRiver's parent into insolvency proceedings.
The case is one of the largest retail-facing mining schemes charged by the SEC this cycle and lands as the agency widens its fraud sweep beyond insider-trading and disclosure cases.
Beacon Point's full 1 GW is now commercialized at $19.6B in base-term contract value, the clearest proof yet that public miners are converting stranded power into an HPC revenue line.
The move reframes HIVE from a pure crypto-mining equity to a hybrid crypto-plus-AI compute play, and the tape reacted before the operators officially relabeled the business.
The Scrypt rig ships with a 52.5 GH/s hash rate and 149 J/GH efficiency, putting Bitdeer into direct competition with the existing hydro-cooled Scrypt fleet.
Canaan's pivot to holding its mined BTC and ETH is becoming the story — the treasury is now worth roughly the same as the company's Q1 revenue run-rate, and the gap is closing fast.
The law's anti-CBDC clause and self-custody protections slot South Carolina into a growing US-state bloc pushing back against federal digital-currency reach and codifying the right to run nodes and…
Five policy moves across five Asian jurisdictions in one week reshape the regional operating surface for exchanges, miners and issuers heading into Q3.