List of Flash News about crypto miners
| Time | Details |
|---|---|
| 16:24 |
BitMine Stock Jumps After Tom Lee’s Firm Adds $389M in Ethereum (ETH) — Buy-the-Dip Flows Lift Miner Equity
According to the source, BitMine shares rose after Tom Lee’s firm reportedly bought the dip, adding $389 million in Ethereum (ETH). Source: provided tweet. The report explicitly links the equity move in BitMine to the $389 million ETH accumulation by Tom Lee’s firm, highlighting institutional buy-the-dip flows as the immediate catalyst. Source: provided tweet. No additional details on execution, average entry price, or BitMine’s ticker were provided in the source. Source: provided tweet. |
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2025-10-20 13:16 |
Tether CEO Paolo Ardoino Endorses PoW Over PoS for Apocalypse-Resilient Money: BTC vs ETH and AI Energy Trade-Offs 2025
According to @paoloardoino, shifting users from proof-of-work to proof-of-stake would direct more energy to AI, while limiting AI would free more energy for Bitcoin, and he asserts PoW is superior to PoS for money designed to withstand catastrophic scenarios; source: https://x.com/paoloardoino/status/1980166135913083284. Bitcoin (BTC) relies on proof-of-work security as outlined in the Bitcoin white paper by Satoshi Nakamoto; source: https://bitcoin.org/bitcoin-paper. Ethereum (ETH) transitioned to proof-of-stake in The Merge, and the Ethereum Foundation reports an approximate 99.95% drop in network energy use post-Merge, framing the energy-efficiency case for PoS that contrasts with PoW’s resilience narrative; sources: https://ethereum.org/en/roadmap/merge/ and https://ethereum.org/en/energy-consumption/. For traders, Ardoino’s stance is notable given his role as Tether CEO and USDT’s position as the largest stablecoin by market capitalization and a core liquidity rail across crypto spot and derivatives markets; sources: https://tether.to/en/tether-announces-executive-changes/ and https://coinmarketcap.com/currencies/tether/. |
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2025-08-14 19:42 |
Trump Administration Reportedly Weighing U.S. Stake in Intel (INTC): Semiconductor Policy Shift With Crypto Miner Supply-Chain Relevance
According to @StockMKTNewz, the Trump administration is discussing the U.S. taking a stake in Intel (INTC), implying potential direct government equity involvement in a leading U.S. chipmaker. Source: @StockMKTNewz on X, Aug 14, 2025. Intel has been designated a strategic manufacturer with up to $8.5 billion in CHIPS Act direct funding and up to $11 billion in loans to expand U.S. fabs, underscoring its systemic role in domestic advanced manufacturing. Source: U.S. Department of Commerce press release, Mar 20, 2024. U.S. semiconductor capacity expansion is being driven by federal incentives under the CHIPS for America program, making related policy headlines directly relevant to sector capital investment and production timelines. Source: CHIPS for America Program Overview, U.S. Department of Commerce, 2024. U.S.-listed Bitcoin miners such as Riot Platforms (RIOT) and Marathon Digital (MARA) disclose reliance on imported ASIC miners from Bitmain and MicroBT and identify supply-chain and U.S. policy risks in their risk factors, which aligns semiconductor policy developments with crypto mining hardware availability considerations. Source: Riot Platforms, Inc. Form 10-K for fiscal year 2023; Marathon Digital Holdings, Inc. Form 10-K for fiscal year 2023. |
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2025-06-30 13:02 |
Elon Musk's X to Launch Trading with Potential Crypto Integration (DOGE, BTC) as HIVE Digital Pivots to AI
According to @sundarpichai, Elon Musk's X platform is preparing to launch investment and trading services soon, as confirmed by CEO Linda Yaccarino in an interview with the Financial Times. The move is part of a strategy to transform X into an 'everything app' similar to China's WeChat, offering comprehensive financial services like P2P payments. Given Musk's public support for Dogecoin (DOGE) and Tesla's significant Bitcoin (BTC) holdings, traders anticipate that these new financial features will likely incorporate cryptocurrencies. In a separate development highlighting a key industry trend, crypto mining firm HIVE Digital Technologies announced the acquisition of a 7.2-megawatt data center in Toronto to establish a sovereign AI infrastructure hub. This pivot follows a pattern seen with other miners like Core Scientific (CORZ), who are diversifying into the high-demand AI sector to create new revenue streams beyond crypto mining. |