Gold miners have significantly outperformed chip stocks this year, soaring 135% compared to 40%, driven by gold’s 45% rally. This surge is fueled by central bank buying and rate cut expectations, with major miners like Fresnillo quadrupling. Despite strong performance, gold miners’ valuations remain attractive at 13 times forward earnings.
The decision came after the school district used artificial intelligence to detect ‘DEI content’ that was forbidden from classroom content.
The post CleanSpark tops 13, 000 BTC as mining fleet hits new peak appeared com. CleanSparks Bitcoin treasury ballooned to 13, 011 BTC as its mining operations achieved a record 50 EH/s, a dual milestone that underscores its simultaneous growth in both asset accumulation and raw computational power. Summary CleanSpark grew its Bitcoin treasury to 13, 011 BTC while hitting 50 EH/s. September output reached 629 BTC, averaging 21 BTC per day. Leadership overhaul included CEO, CFO, and new C-suite roles. According to a press release dated Oct. 3, CleanSpark confirmed its Bitcoin (BTC) treasury reached 13, 011 BTC at the close of September, a milestone achieved as its operational hashrate concurrently hit a record 50 exahashes per second. The companys latest mining update detailed a month that saw it produce 629 BTC, averaging nearly 21 BTC per day, while its fleet efficiency also peaked at 16. 07 joules per terahash. CleanSpark CEO Matt Schultz characterized the period as monumental, pointing not only to production metrics but also to a bolstered leadership team and a $200 million expansion of the companys bitcoinbacked credit facility. Looking ahead, the coming months and fiscal year represent the beginning of an exciting new chapter in CleanSparks growth story as we unlock additional value from our energy portfolio and pipeline to drive long-term shareholder returns. Our business is evolving, and we have the team, expertise, and assets to thrive at the intersection of energy, Bitcoin, and compute, Schultz said. CleanSparks pivotal year and what comes next According to CleanSpark, its fiscal year 2025 has been pivotal, defined by aggressive infrastructure expansion and a formalized corporate structure. CleanSparks hashrate journey saw it leap from 30 EH/s in October 2024 to its current peak of 50 EH/s by June 2025. Notably, the company emphasized this scale was achieved entirely through selfoperated data centers, a distinction that provides greater control over operations and margins compared to miners.
The Cardano Foundation highlighted steady growth across its ecosystem in recent weeks, marked by new exchange listings and education efforts. Community token SNEK gained exposure on KuCoin, Hotcoin Global, and HTX Global, giving it a broader reach and liquidity. Similarly, World Mobile Token (WMT), which powers the World Mobile wireless network, was listed on Kraken, […]
Tata Consultancy Services (TCS), India’s largest IT company, has come under scrutiny from US Senators.
India’s cheque clearing system is undergoing a major transformation, starting October 4.
Ethena’s token continues to struggle despite attention around Ethena (ENA) updates, while Aave is attempting to maintain momentum after the [.] The post Dont Miss BlockDAG at $0. 0015: Almost $420M Raised While ENA Updates Lag & AAVE Loses Momentum appeared first on Coindoo.
Ethena’s token continues to struggle despite attention around Ethena (ENA) updates, while Aave is attempting to maintain momentum after the [.] The post Dont Miss BlockDAG at $0. 0015: Almost $420M Raised While ENA Updates Lag & AAVE Loses Momentum appeared first on Coindoo.
Drone sightings disrupt Munich airport, halt flights and impact thousands
Andrew Scott Hastings, 25, allegedly shipped 3D-printed gun parts to an agent posing as an al-Qaeda contact, the Justice Department announced.