Month: February 2025

Bitcoin Miner GDA Expands West Texas Facilities With 50 MW Deployment

Genesis Digital Assets Limited (GDA) is expanding its bitcoin (BTC) mining operations in West Texas with a 50-megawatt (MW) energization increase across its Pyote and Vernon sites. GDA is a private company with offices in the United Arab Emirates and the United States, with a total power capacity of...
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Bitcoin’s Tuesday Bloodbath Was the Bottom, Analyst Says

The crypto market experienced a severe downturn on Tuesday, and according to many on-chain metrics marked a bottom in bitcoin’s (BTC) price. The total crypto market capitalization hovered just above $2.7 trillion—marking a nearly $1 trillion wipeout since its peak in December 2024, according to TradingView data. Several indicators...
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