Gemini co-founders Cameron and Tyler Winklevoss have made an undisclosed investment in American Bitcoin Corp., a mining firm partly owned by US President Donald Trumpโs sons Eric and Donald Jr. Speaking to Bloomberg, Hut 8 CEO Asher Genoot said theโฆ Source CryptoX Portal
Key Notes UK energy firm will use on-site gas generation for cryptocurrency mining without traditional grid dependency. Bitcoin network hashrate exceeded 1 ZH/s in August 2025, creating competitive conditions favoring low-cost operations. Union Jack shares gained 1% following the announcement, reflecting positive investor sentiment toward the strategy. Union Jack Oil plc, a UK-based onshore hydrocarbon production company, announced plans to utilize natural gas from its West Newton field to power on-site Bitcoin mining operations. The company holds a 16.665% stake in the West Newton discovery area, and it is working…
UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if the initiative succeeds. Onshore Gas to Bitcoin: Union Jack Advances Crypto Mining Venture Union Jack (AIM: UJO), holding a 16.665% stake in license PEDL183, announced […] Original
Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini, have reportedly invested in American Bitcoin, the mining company tied to the US President Donald Trumpโs family.ย According to a Thursday Bloomberg report citing Hut 8 CEO Asher Genoot, the Winklevoss twins invested an unknown amount in American Bitcoin, the mining company co-founded by Donald Trump Jr., Eric Trump, and others. The company said in May that it was planning to go public through a merger with Gryphon Digital Mining. The reported investment was the latest connection between the Gemini…
Key Notes A Qubic core developer, CFB, has an ongoing campaign disclosed as an intention to dominate Moneroโs hashrate, active since May 2025. Respected names from the Monero community have called it a โPR stuntโ to bring fear, uncertainty, and doubt related to XMR, arguing there are no real risks. Orphan blocks are normal occurrences for proof-of-work blockchains, but the five recently spotted events display atypical signs. Between Aug. 6 and 7, the Monero network had five orphan blocks in approximately 24 hours, measured within the last 720 blocks. This…
On Thursday, as bitcoin bounced back from recent lows, the networkโs computing firepower hit a record-breaking 970 exahash per second (EH/s). From Exahash to Zettahash: Bitcoinโs March Toward 1,000 EH/s Gets Closer Bitcoinโs processing strength topped its previous high of 946 EH/s, notching a new milestone at 970 EH/s that day. Right now, the hashrate […] Original
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U.K. listed oil and gas company Union Jack Oil intends to with partner with a joint venture to deploy Bitcoin mining facilities at a West Newton gas field. Will it lead to a Bitcoin treasury? According to a press release,… Original
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