Latest Bitcoin & Miner News: CleanSpark, Soluna Holdings & Dennis Porter!
Description
Bitcoin miners are navigating market turbulence as they expand into high-performance computing while macro factors like Fed policy and political developments shape the industry. Dennis Porter's endorsement of Ian Calderon for California governor could significantly impact cryptocurrency policy in one of the world's largest economies.
• Bitcoin price holding around $113,000, down from recent highs but creating buying opportunities
• Pro-Bitcoin candidate Ian Calderon running for California governor with Dennis Porter's backing
• Soluna announces $87.65 million ATM offering to fund multiple concurrent projects
• CleanSpark increases Bitcoin-backed loan by $100 million specifically for HPC initiatives
• Iren leads miner performance with 330% YTD growth, reaching $11.5 billion market cap
• Cipher now valued at $5.5 billion, exceeding Core Scientific's market cap
• Network difficulty expected to increase 7.8% on October 1st, challenging miner profitability
• Global hashrate approaching 1,100 exahash, highest seven-day average recorded
• Bitcoin's hash price declining toward $50, putting pressure on mining economics
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