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Tariff Pause Spurs U.S. Bitcoin Miner Buying Spree Amid Ongoing Disadvantage While some import duties are temporarily being suspended, U.S.-based Bitcoin mining companies are increasing their hardware purchases. However, industry experts warn that the present trade policy environment still puts them at a structural disadvantage. The administration of President Donald Trump has put a halt on tariff increases until July 8, maintaining the base rate of 10% for the majority of trading partners, while imposing a significan... cryptonews today

Major Bitcoin Miners Fund $2M Pro-Crypto Campaign to Influence Key Swing States Riot Platforms, Marathon Digital, and CleanSpark, three of the largest Bitcoin mining companies in the U.S., have jointly funded a political action committee (PAC) aimed at supporting pro-crypto candidates in crucial swing states. This new PAC, called the Bitcoin Voter PAC, has launched a $2 million digital advertising campaign targeting voters in Pennsylvania and Texas, according to Fox Business. The PAC's mission is to advocate for candidat... Coinatory cryptonews

Bitcoin Miner Revenues Plunge to 12-Month Low Amid Post-Halving Output Decline Bitcoin miners experienced a significant decline in revenues, which reached a 12-month low in August 2024, as reported by Bitbo, a leading Bitcoin analytics dashboard. This drop marks a continued downward trend since the network's April 2024 halving, which has drastically reduced mining volumes and revenues. Data from Bitbo indicates that Bitcoin mining revenues fell to approximately $827 million in August, a level not seen since September 20... Coinatory cryptocurrencies news

The report, published by the Next Web on August 28, states that some applications for cryptocurrency mining are still on the Google Play Market despite a ban by the technology giant. July 27 Google officially banned any applications for the extraction of digital currency in the Play Market. The statement said: "We prohibit applications from mining the cryptocurrency on users" devices." The corporation gave the developers exactly 30 days to review the policy of their products so that the latter meet the new conditions. The period has ... Read more about " Next Web: mining applications remain in the Play Market " on coinatory.com