US Bitcoin Miners Shipping Old Rigs Overseas Ahead of Halving

Are U.S. Bitcoin Miners Shipping Old Rigs Overseas?

As the much-anticipated Bitcoin halving looms just a month away, miners appear to be preparing for its impact. The halving, scheduled for April, will reduce the mining rewards by half, potentially making it less lucrative to validate transactions. In response, American miners are reportedly relocating their older mining equipment abroad, seeking more cost-effective operations.

Saudi Arabia Shut Out of FTX's Anthropic Stake Offer

Despite FTX's financial woes, artificial intelligence firm Anthropic has declined an investment offer from Saudi Arabia. The Saudis currently hold an 8% stake in Anthropic, but concerns over national security have prompted the company's executives to reportedly tell CNBC that Saudi Arabia will not participate in the latest funding round.

Solana's Co-Founder: Ethereum Supporter or Not?

Rumors have been swirling within the cryptocurrency community following the recent Securities and Exchange Commission (SEC) investigation into Ethereum and its foundation. The investigation has raised concerns about the potential implications for spot Ether ETFs, given Ethereum's recent decline in value. Adding fuel to the fire, Solana's co-founder has expressed support for Ethereum, leading to speculation about his allegiance.

BlackRock's Crypto Embrace: Memecoins and NFTs

Asset management giant BlackRock has recently garnered attention for its foray into the world of cryptocurrencies, including memecoins and non-fungible tokens (NFTs). On-chain analysis reveals that BlackRock now holds a portfolio of memecoins and NFTs valued at around $40,000, a significant shift in the company's perception of digital assets.

Polygon PoS Sidechain: Upgrades Galore

The Polygon PoS sidechain has recently undergone the Napoli hard fork, bringing with it several notable improvements. These include EIP-1153 (Transient Storage), EIP-6780 (SELFDESTRUCT), and EIP-5656 (memory copying instruction), all of which aim to enhance the sidechain's capabilities and efficiency.