Crusoe Energy, a company that repurposes waste gas from oil production to power high-performance computing, is shifting its focus towards artificial intelligence by exiting the Bitcoin mining sector. On March 25, the company announced plans to sell its Bitcoin mining operations and digital flare mitigation business to New York Digital ...
Analysts at New York Digital Investment Group (NYDIG) have suggested that tokenizing U.S. gold reserves on a blockchain, despite being centralized, could ultimately benefit Bitcoin. In the Group’s latest research update, Greg Cipolaro, NYDIG’s global head of research, explained that while tokenized gold and Bitcoin operate on different trust models, ...
Bitcoin is poised to gain unprecedented political significance in the U.S. following Republican victories in the recent elections, according to the New York Digital Investment Group (NYDIG). In a report published on November 11, Greg Cipolaro, NYDIG's global head of research, stated that Bitcoin's position in the investment landscape is ...
