Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas
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Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas

Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity, marking the first conversion from its 1,100 megawatts development pipeline. Hut 8 Finalizes 205 MW Power Purchase Agreement in West Texas The new site, connected […] Source: https://news.bitcoin.com/bitcoin-miner-hut-8-secures-205-mw-power-agreement-in-texas/

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Hut 8 expands mining operations with power deal in West Texas

Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity. Source: https://cointelegraph.com/news/hut-8-expands-mining-operations-power-deal-west-texas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s Price Steady as Powell Points to Progress on Inflation Fight
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Bitcoin’s Price Steady as Powell Points to Progress on Inflation Fight

In brief Federal Reserve Chairman Jerome Powell declined to speak on the potential timing of rate cuts. Powell highlighted risks associated with tight monetary policy—a bullish sign, according to Grayscale’s research head. Traders are penciling in a 71% chance of an interest rate cut in September, per CME FedWatch. We do the research, you get the alpha! Get exclusive reports…

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German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
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German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve

According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet now holds 22,846 BTC following multiple transfers and deposits […] Source: https://news.bitcoin.com/german-government-sells-220-7m-in-bitcoin-retains-1-3b-reserve/