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Cryptoslate

Stay updated with the latest crypto news, insights, and data on CryptoSlate. Your go-to source for everything crypto.

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News

CryptoSlate
cryptoslate.com > bitcoins-316-day-hashrate-drought-shows-why-ai-could-make-this-mining-downturn-harder-to-reverse

Bitcoin’s 316-day hashrate drought shows why AI could make this mining downturn harder to reverse

1+ week, 4+ day ago   (920+ words) Hashrate remains below its peak after 316 days as miners weigh improving BTC economics against long-duration compute revenue. Bitcoin’s hashrate has spent 316 days below its record as miners redirect power toward AI. The seven-day network average stood near 914 exahashes per second…...

CryptoSlate
cryptoslate.com > bitcoin-knots-is-trying-to-fork-bitcoin-again-after-its-last-chain-died-in-two-blocks

Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks

2+ week, 18+ hour ago   (976+ words) The new attempt swaps SHA-256d for BLAKE2b, but miners, wallets and exchanges still have to show up. Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, Bitcoin developer Luke Dashjr told…...

CryptoSlate
cryptoslate.com > capital-bs-e21-million-bitcoin-raise-comes-with-heavy-warrant-dilution-risk

Capital B’s €21 million Bitcoin raise comes with heavy warrant dilution risk

2+ week, 1+ day ago   (663+ words) The planned 270 Bitcoin nearly offsets the placement, while full warrant exercise would cut the displayed ratio by about 24%. Bitcoin treasury company Capital B plans to raise €21 million and use the proceeds, along with operating funds, to buy another 270 Bitcoin. The…...

CryptoSlate
cryptoslate.com > after-selling-all-its-bitcoin-to-pay-off-debt-ai-firm-tries-to-rebuild-827-million-treasury-from-scratch

After selling all its Bitcoin to pay off debt, AI firm tries to rebuild $827 million treasury from scratch

2+ week, 1+ day ago   (558+ words) The proposed preferred raise covers just 1.51% of the Bitcoin target before any allocation to AI investments and the 18-month dividend reserve. Genius Group, an AI-powered education company that previously used Bitcoin as a treasury asset, has proposed a $12.5 million perpetual…...

CryptoSlate
cryptoslate.com > 400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares

$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares

2+ week, 6+ day ago   (432+ words) A September 3 vote would cut holder balances 160-for-1, then return authorized capacity to 3 billion shares. Nasdaq-listed Digital Currency X Technology Inc. is asking shareholders to approve a 160-for-1 reverse stock split, also known as a share consolidation, on September 3. It…...

CryptoSlate
cryptoslate.com > adam-backs-bitcoin-treasury-deal-died-but-its-15m-obligation-did-not

Adam Back’s Bitcoin treasury deal died, but its $15M obligation did not

3+ week, 1+ day ago   (581+ words) The public Bitcoin treasury structure is gone, while two 2026 payments carry a narrow seven-day release condition. Adam Back-led BSTR's plan to become a public Bitcoin treasury company through Cantor Equity Partners I, a special-purpose acquisition company, ended on Aug. 20. The…...

CryptoSlate
cryptoslate.com > a-22-9-million-capital-deficit-threatens-to-derail-an-energy-firms-pivot-to-off-grid-bitcoin-mining

A $22.9 million capital deficit threatens to derail an energy firm's pivot to off-grid Bitcoin mining

3+ week, 1+ day ago   (701+ words) July output was worth roughly $1.16 million at Aug. 21 spot prices before unsettled hosting costs, as interest begins on $16 million of seller notes. Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary…...

CryptoSlate
cryptoslate.com > bitcoin-miners-are-getting-a-new-ai-hedge-but-it-may-protect-them-from-the-wrong-risk

Bitcoin miners are getting a new AI hedge, but it may protect them from the wrong risk

3+ week, 1+ day ago   (928+ words) CFTC-backed compute futures could cushion GPU price swings while leaving hundreds of millions in financing and dilution exposure untouched. The US derivatives regulator is exploring a market for futures tied to AI computing power just as Bitcoin miners pour hundreds…...