Declining Bitcoin prices and a data center moratorium in New York are pressuring crypto-linked companies and affecting market sentiment.
1 report, 1 independent
Updated Jul 20
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What happened
Declining Bitcoin prices and a data center moratorium in New York are pressuring crypto-linked companies and affecting market sentiment.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Hut 8 is pivoting its operations from Bitcoin mining to AI data center infrastructure amid market decline.Sub-event
Crypto market trends and declining Bitcoin prices are pressuring companies amid NY data center moratorium.1 source
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The entities involved
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Kathy Hochul
57th Governor of New York since 2021
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Hut 8
cryptocurrency mining company
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Bitcoin
digital cash system and associated currency
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