MiningIREN Acquires Nostrum Group: 490 MW in Spain and EU Entry
Bitcoin miner IREN completed its acquisition of Spain's Nostrum Group, adding 490 MW and entering the EU market as its AI cloud revenue nearly doubled in Q1.
MiningBitcoin miner IREN completed its acquisition of Spain's Nostrum Group, adding 490 MW and entering the EU market as its AI cloud revenue nearly doubled in Q1.
MiningBitcoin mining difficulty fell 10.09% to 124.93 trillion. Hashrate is down 23% from its peak, hashprice returned above $33 per PH/s. Market impact analysis.
MarketsUS May CPI hit 4.2% YoY, a three-year high. Fed rate cut hopes are gone, leaving Bitcoin at risk of breaking below $60K despite a brief bounce to $62K.
RegulationThe House Ways and Means Committee holds hearings on 7 crypto tax bills June 9. Key items: $300 de minimis, the PARITY Act, and Illinois 0.2% broker tax.
BitcoinA Satoshi-era Bitcoin miner moved 2,650 BTC ($203M) to OTC desks FalconX and Cumberland. About 6,000 BTC (~$462M) remains in the wallet. Deal details unknown.
RegulationGovernor Henry McMaster signed SB 163, protecting Bitcoin miners from discriminatory zoning and banning state agencies from accepting CBDC payments.
MiningFoundry (30% hashrate), AntPool (17.7%) and five others joined Stratum V2. Next Bitcoin difficulty adjustment: May 15, 2026. Up to 20% of miners at breakeven.
MiningBitcoin miner IREN and Nvidia announced a $3.4B cloud GPU deal and 5 GW AI infrastructure plan. IREN shares jumped 26% after the announcement.
BitcoinBitcoin miner Hut 8 signed a $9.8B, 15-year AI data center lease in Texas. Shares surged 33% to ATH $109.88 despite a $253M Q1 net loss.