New Section 232 tariffs on steel, aluminum, and copper have increased Bitcoin mining hardware costs in the US by about 47%, combining with an existing 21.6% tariff on ASIC miners. This raises production costs, pushing breakeven prices closer to $82,000-$85,000 per bitcoin, making US miners less competitive compared to those in tariff-free countries like Kazakhstan and Russia. The tariffs, effective April 6, impact new hardware orders and could shift global Bitcoin hash rate away from the US, potentially weakening the US role in network security. Some US miners with pre-tariff inventory remain insulated for now, while legislative efforts aim to support domestic mining through subsidies and tax incentives.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Thor Explorations produced 19,153 ounces of gold in Q2 2026 from its Segilola mine in Nigeria, maintaining its full-year production guidance of 75,000 to 85,000 ounces. The company generated $77.3 million in revenue by selling 17,050 ounces at an ave...
Angelini Pharma has finalized its $4.1 billion acquisition of Catalyst Pharmaceuticals, enhancing its footprint in the U.S. market and strengthening its global leadership in brain health and rare diseases. The deal includes significant investments fr...
Zcash (ZEC) has gained over 16% in the past week, rallying from lows near $368 to around $552 following an 11% jump in one session. This surge is driven by anticipation of the Ironwood shielded pool upgrade expected around July 28, which addresses a ...
Greenwich LifeSciences is developing GLSI-100, an immunotherapy targeting HER2-positive breast cancer, currently in Phase 3 trials. The drug showed a 70-80% reduction in cancer recurrence in Phase 2b, outperforming existing treatments with no serious...
