Bitcoin miner revenue falls after difficulty jump
Bitcoin mining profitability declined sharply after the network’s latest difficulty adjustment increased mining difficulty by 3.12%, reducing miner revenue by 9.44% since May 14.
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Bitcoin mining profitability declined sharply after the network’s latest difficulty adjustment increased mining difficulty by 3.12%, reducing miner revenue by 9.44% since May 14.
Minnesota signed legislation allowing state-chartered banks and credit unions to provide regulated cryptocurrency custody services from August 1, making it the first Midwestern state to establish a unified framework for both institutions.
KB Financial Group completed a pilot programme testing stablecoin-powered offline payments and cross-border remittances through the Kaia blockchain ahead of South Korea’s proposed digital asset framework.
Protect Progress, a political action committee affiliated with the crypto industry-backed Fairshake network, spent more than $4 million supporting Democratic candidate Jasmine Clark ahead of Georgia’s 13th Congressional District primary.
President Donald Trump said he called off a strike on Iran after an appeal by the leaders of Persian Gulf allies, who called for more time to pursue a diplomatic resolution. Bloomberg Economics' Chris Kennedy has the latest.
Dr. Joan LaRovere, chief medical officer at Boston Children's Hospital, said that AI can 'bolster' the capabilities of health care providers to help diagnose and treat patients more effectively. Dr. LaRovere said that she believes the moment in time is like the 'industrial revolution' that can revolutionize health care.
Dell Technologies Inc. Chief Executive Officer Michael Dell and Nvidia CEO Jensen Huang talk about how they work together on Dell's AI Factory which uses servers with Nvidia chips, software and services. They speak to Bloomberg's Ed Ludlow at the Dell World conference in Las Vegas.
Justin Schrieber, CEO of telehealth company LifeMD, said that the main reason that Americans end up at virtual health care providers is to access GLP-1 weight loss medication, as well as other prescription medication. Schreiber said that there is still an untapped market for GLP-1 access and the next frontier of virtual access is for hormone replacement care.
Chuck Leavell, Rock and roll superstar, member of Allman Brothers, and The Rolling Stones joined Joe Mathieu on Balance of Power to discuss Georgia's upcoming primaries. They also discussed AI and the future of the music industry as well as what issues the people of Georgia are concerned about including the rise in data centers.
IREN, a vertically integrated AI cloud provider, recently announced a strategic partnership with Nvidia for up to $2.1 billion as part of a broader agreement between the two companies aimed at accelerating the construction of AI infrastructure. IREN CEO Daniel Roberts joins Ed Ludlow on the sidelines of Dell Technologies World in Las Vegas to discuss on "Bloomberg Tech."
Nvidia CEO Jensen Huang talks about the trip he took to China with President Donald Trump and other American business leaders. Huang says he didn't talk to the Chinese directly about selling them H200 chips. Huang and Michael Dell speak to Bloomberg's Ed Ludlow at the Dell World conference in Las Vegas.
Michael "Killer Mike" Render, Grammy Award Winning Rapper, Actor, Activist and Social Justice Advocate joined Balance of Power to discuss the Georgia primaries and the importance of getting out to vote. He also discusses Georgia's economy and the future of AI in music.
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