Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these contracts that have not been taken advantage of and are blocked […]
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Reported Riot 500 BTC custody transfer exposes Bitcoin miners’ AI funding pressure
Riot Platforms' reported 500 BTC movement to NYDIG Custody gives the market a live signal for how public miners may...
