The bitcoin mining industry is undergoing the most fundamental transformation in its history, and the clearest sign isn’t the hashrate or the difficulty adjustments. It’s the balance sheets. CoinShares’ Q1 2026 mining report, published this week, reveals that the weighted average cash cost to produce one bitcoin among publicly listed miners rose to approximately $79,995…
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NEW DELHI: Home minister Amit Shah on Friday said a group of foreigners — including one American citizen and six Ukrainians — arrested recently by NIA from Kolkata, Lucknow and Delhi did not pose any threat to India, but were trying to use the country as a transit point to Myanmar for terror training.“They were…
California Governor Gavin Newsom signed an executive order on Friday, expanding rules to curb public servants and those close to them from benefiting from insider trading on prediction markets tied to political or economic events they can influence or are privy to. The order prohibits “gubernatorial appointees,” public officials appointed to office by the governor…
MUMBAI: For the first time in nearly 15 years, the RBI has placed curbs on the size of bets that banks can take in the currency markets, taking away powers, hitherto, vested with bank boards. The move comes at a time when the rupee is under pressure due to a combination of sales by foreign…
KOLKATA: West Bengal’s second supplementary voters’ list was published around 11pm Friday, albeit with little clarity on how many among the 12 lakh names on it had cleared judicial scrutiny.As was the case when Election Commission released the first supplementary rolls close to midnight last Monday, there were more questions than CEO Manoj Agarwal had…
MUMBAI: The day the war in West Asia completed a month, Dalal Street witnessed one of its most brutal sell-offs since the conflict began on Feb 28. During Friday’s session, with sensex-heavyweight Reliance Industries tanking 4.6%, the index closed 1,690 points or 2.3% lower at 73,583 points.The crash in RIL’s stock price that came on…
NEW DELHI: Govt on Friday moved a fresh bill to decriminalise provisions across 79 central laws as part of its efforts to make life simpler for businesses and individuals.Govt officials said along with amendments to the Companies Act, which are currently pending in Parliament, as well as the new income tax law, the overall decriminalisation…
MUMBAI: The govt on Friday said that it plans to borrow Rs 8.2 lakh crore between April and Sept this year under its Budget-approved borrowing programme, roughly half of the Rs 16.2 lakh crore in total. The borrowing for the first half of fiscal 2027 would be spread over 26 weekly auctions with about 25%…
MUMBAI/BENGALURU: The restaurant industry is struggling to run regular operations due to the meagre supplies of LPG cylinders . With the govt’s move to hike commercial LPG allocation to up to 70%, it will take some time before the measure actually translates into sustained supply, executives said. “Supply is still hugely limited and erratic. A…
