Bitcoin Mining: A Potential Solution for Germany's Energy Surplus
According to WirtschaftsWoche, Bitcoin mining could serve as an innovative approach to address Germany's energy surplus. The article explores how excess electricity generated from renewable sources, which often goes unused, could be redirected to power Bitcoin mining operations. This would not only utilize surplus energy but also potentially stabilize the energy grid. For more details, visit the original article at https://www.wiwo.de/finanzen/geldanlage/bitcoin-und-energiewende-ein-denkanstoss-bitcoin-mining-als-loesung-fuer-deutschlands-stromueberschuss/29940786.html.
US Mining Stocks Struggle Amid Bitmain Delivery Delays
Investing.com Deutsch reports that US cryptocurrency mining companies are facing significant challenges due to delays in the delivery of essential mining hardware from Chinese manufacturer Bitmain. These delays are attributed to stricter import controls by the US Customs and Border Protection (CBP), which began holding shipments of application-specific integrated circuits (ASICs) in November 2024. The situation worsened in January 2025 when the US Department of Commerce blacklisted Sophgo, a company linked to Bitmain, restricting its access to US AI chips. For the full report, visit https://de.investing.com/news/stock-market-news/usbergbauaktien-straucheln-aufgrund-von-bitmainlieferverzogerungen-93CH-2877260.
The delays have exacerbated existing pressures on the mining sector, which is already grappling with increased competition and a rising Bitcoin mining difficulty, now exceeding 114 trillion according to CryptoQuant. The mining hash price has dropped to $53 per petahash per second (PH/s), pushing older hardware like the Antminer S19 Pro to the brink of unprofitability in high-cost regions. Publicly traded mining companies, already strained by the Bitcoin block subsidy halving in April 2024, are now exploring strategies such as holding Bitcoin reserves and diversifying into AI data center operations to mitigate these challenges.
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