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Major crypto firm doubles down on Bitcoin mining
When it comes to Bitcoin mining, many in the industry are split about continuing in the business. Last year, we saw several high-profile miners shut down facilities, pivot business models, or exit the sector altogether in search of more predictable returns in sectors like AI. But one major player is doubling down on Bitcoin mining and giving it another shot after shutting down one of its mining facilities. Tether, the issuer of the world's largest stablecoin by market cap, is coming up with a new strategy to improve the process of Bitcoin mining. Last November, Tether announced its decision to shut down its Bitcoin ... (full story)