technology
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MARA Holdings, Inc. has successfully acquired 5,771 bitcoin at an average price of $95,554 per BTC, utilizing funds from its recent zero-coupon convertible note offering. This strategic acquisition increases the company’s total bitcoin holdings to approximately 33,875 BTC, currently valued at $3.4 billion based on a spot price of $99,000 per BTC. The convertible note…
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Apple is reportedly in negotiations to invest in OpenAI as part of a new funding round that could value the AI company above $100 billion. The Wall Street Journal reported that Apple is joining other major investors, including Microsoft and venture capital firm Thrive Capital, in this round of funding. The partnership between Apple and…
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Undoubtedly, before September of 2024, one could ascertain that Michael Saylor and his company MicroStrategy, was an absolute failure for the past 20 years or so. Ultimately the question comes down to this, can you custody bitcoin in a safer manner than MicroStrategy? They have a custody partnership with Coinbase but I suspect that they…
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The United States Department of Defense has failed its annual financial audit for the seventh consecutive year, unable to fully account for its $824 billion budget. The audit, conducted by independent auditors, revealed that the Pentagon could not provide sufficient financial data to support a clean opinion, highlighting ongoing challenges in financial management and accountability.…
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WordPress developers continue to face challenges with embedding Twitter content, as in-house engineering teams have yet to provide updates on resolving the issue. The problem persists despite various troubleshooting efforts, including updating WordPress versions, clearing caches, and disabling conflicting plugins. Some developers have turned to alternative methods, such as using third-party plugins or manual embedding…
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Genius Group Limited (NYSE American: GNS), an AI-powered education and acceleration firm, has purchased 110 Bitcoin for $10 million, averaging $90,932 per Bitcoin. This acquisition marks the commencement of the company’s Bitcoin treasury strategy. The company plans to allocate 90% or more of its current and future reserves to Bitcoin, with an initial target of…
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Apple’s forthcoming iPhone 17 Air may not achieve the previously speculated slimness. Reports indicate that the company has encountered obstacles in developing a high-density battery essential for maintaining a sleek design. The production of the advanced battery has proven costly, with a notable scarcity of defect-free units. Consequently, the iPhone 17 Air is expected to…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True.If you would like to support to help further secure the integrity of our research initiatives, please donate here Apple has unveiled its latest MacBook Pro and iMac models, now powered by the advanced M4 Pro and…
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Bart Mol, a Bitcoin Podcaster and innovator, has introduced a custom-built “Home Assistant dashboard” designed to streamline the monitoring of BitAxe mining operations. Unveiled on X.com, Mol shared the development, stating that his motivation stemmed from the challenge of tracking multiple BitAxes efficiently. Key Features of the Dashboard The dashboard showcases advanced metrics, such as…
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Taiwan Semiconductor Manufacturing Company (TSMC) is advancing U.S. semiconductor manufacturing with its substantial investment in Arizona. The company plans to build three state-of-the-art fabrication plants (fabs) in Phoenix, representing the largest foreign direct investment in a greenfield project in U.S. history. This initiative is expected to create over 6,000 high-tech, high-wage jobs and significantly enhance…
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According to Asicminervalue.com, the Bitmain Antminer L9 (17.6Gh) has emerged as a leading performer. Released in May 2024, it offers a hashrate of 17.6 Gh/s and consumes 3,260 W of power, generating an estimated daily profit of $55.42. Another notable miner is the Bitmain Antminer L9 (16.2Gh), also launched in May 2024. With a hashrate…
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Ethiopian Electric Power (EEP) announced that it generated over $25 million in revenue during the 2023/2024 fiscal year from electricity supplied to companies involved in data mining. This substantial income is part of EEP’s strategy to increase foreign currency earnings by billing domestic customers in U.S. dollars rather than Ethiopian Birr. Minilik Getahun, Manager of…
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