ChainCatcher news, according to Newsfile, Bitcoin mining company HIVE Digital announced the completion of a $56 million deal to acquire a partially completed 200 megawatt (MW) Bitcoin mining facility in Paraguay's Iguazu from Canadian miner Bitfarms.HIVE signed a binding letter of intent with Bitfarms and expects to expand its Bitcoin mining hash rate to 25 EH/s in September through this acquisition, utilizing Paraguay's low-cost renewable hydroelectric power.The $56 million acquisition includes a $25 million upfront payment expected to be made upon completion in the first quarter, with the remaining $31 million to be paid in six equal installments over the next six months.The acquired mining facility will be developed in two phases, with the first phase scheduled for completion on April 1, 2025, and currently 80% complete. This initial phase includes HIVE covering the remaining costs needed to complete the power connection, which is expected to add approximately 6 EH/s of Bitcoin mining capacity and will be operational in the second quarter. The second phase is planned for completion on August 31, 2025, and will integrate water-cooled Bitmain S21+ ASICs to provide an additional 6.5 EH/s. HIVE estimates the completion cost to be $400,000 per megawatt, funded by existing cash and Bitcoin reserves.

ChainCatcher news, the decentralized Edge AI infrastructure platform Network3 officially announced the establishment of a $10 million mining fund, co-hosted by the DePINX Super Node Alliance with initial funding. The aim is to promote a fairer, more efficient, and lower-cost AI development. It is reported that the fund will be used to support outstanding projects and teams within the ecosystem, including areas such as technology research and development, application implementation, and community operations, attracting more institutions to participate in POS staking mining.The fund will mainly be used for the following aspects:Technology Research and Development: To cultivate projects deployed in the Network3 mining ecosystem, focusing on three major directions: "energy-saving," "efficient," and "secure" for technological iteration, collectively leveraging the advantages of the decentralized Edge AI network to enhance usability;Application Implementation: To provide one-stop services covering industry research, product development, business expansion, and application commercialization, assisting in product implementation;Community Operations: To attract outstanding market and operational talents, plan market expansion and operational activities, and promote community-scale growth.As a leader in continuous construction within the industry, Network3 is committed to technological innovation and application promotion in the Edge AI field. By introducing a high-performance computing power network, Network3 provides users and developers with a fairer, more transparent, and efficient computing power trading platform, exploring a new paradigm for the AI computing resource market.Since its establishment, Network3 has achieved significant results in the DePIN and AI tracks, with over 620,000 global nodes covering 188 countries. By building a high-performance computing power network and massive user Edge Data, it has completed the commercial monetization loop for both supply and demand sides.Previously, the $N3 token was launched for spot trading on exchanges such as Bybit, Gate.io, and BingX at 16:00 Beijing time on January 22.Network3 completed a $5.5 million pre-seed & seed round financing on July 23, 2024. Investors include well-known VCs such as Borderless, EV3 Labs, IoTeX, SNZ, Bing Ventures, Waterdrip Capital, and Web3port Foundation.

ChainCatcher news, Ola announced a collaboration with the Bitcoin Layer 2 project Bitlayer to launch the first round of mobile "dual mining" activities. The event will take place from January 27, 2025, to February 26, 2025, allowing users to experience the "one-click dual mining" feature on the Massive platform while earning OLA tokens and Bitlayer points.During the event, participants will share 5.74 million OLA tokens and 20 million Bitlayer points, and Bitlayer points can be redeemed for tokens during the TGE period in the second quarter of 2025.Participation is simple: download and register on Massive (available on the App Store, Google Play, Android, and Solana app markets), connect to the Bitlayer chain, and start mining. By checking in daily, staying active, inviting friends, and participating in social interactions, users can further enhance their earnings.This event offers generous rewards to users while deepening the collaboration and development between Ola and Bitlayer in the Bitcoin ecosystem.

ChainCatcher news, according to CloverPool data, the Bitcoin network completed a new round of difficulty adjustment on January 27, 2024, at 11:22:53 (block height 880,992), with the difficulty value decreased by 2.12% to 108.11 T.The current average hash rate of the Bitcoin network is 771.20 EH/s, and the next difficulty adjustment is expected to occur in about 14 days.

ChainCatcher news, according to TASS, Russia's largest energy supplier Rosseti plans to launch a cryptocurrency mining business, allowing specific power supply centers to collaborate with Bitcoin mining companies.Rosseti stated that the company will act as "the operator coordinating the deployment of crypto mining infrastructure," focusing on "low-utilization power supply centers." Cryptocurrency mining can not only improve the utilization of idle capacity but also increase grid load and tariff revenue, thereby promoting the development of the Russian economy and tax growth. Rosseti is exploring various tools to incentivize low-load power centers to participate in mining, including adopting special electricity pricing policies while leveraging the grid's load management capabilities to ensure the reliability of power supply.

ChainCatcher News, the Legislative Council of the Hong Kong Special Administrative Region has released the first thematic newsletter of 2025 titled "Consolidating Hong Kong's Status as an International Financial Center."The article states: The Legislative Council's Bills Committee is conducting a detailed review of the "Companies (Amendment) (No. 2) Bill 2024" and the "Stablecoin Bill" to introduce mechanisms that facilitate the migration of overseas registered companies to Hong Kong, as well as to introduce a licensing system for fiat-backed stablecoin issuers. Regarding the development of financial technology, the Legislative Council's Home Affairs Committee has established a subcommittee to examine the application and development of Web3 and virtual asset technologies in Hong Kong and to propose recommendations for implementing relevant regulations and policies.

ChainCatcher news, the AI-driven asset management and investment research platform SoSoValue launched its exclusive "Index Token Staking Mining" event on its official website at 8 PM Beijing time on January 25.According to on-chain information, the staking amount of SoSoValue SSI Protocol index tokens exceeded 10 million USD within the first hour of staking, with the MAG7.ssi index token accounting for the highest staking amount of over 7.72 million USD.

ChainCatcher news, the AI-driven asset management and investment research platform SoSoValue launched its exclusive "Staking Mining for Index Tokens" event on January 25 at 20:00 Beijing time on its official website. According to data from the official website, the staking mining APY can reach as high as 3158% based on the current value of $SOSO. As a result of this news, the platform token $SOSO surged by 64.89% in one hour, with FDV exceeding 1.6 billion USD.According to the introduction, SoSoValue is an AI-driven asset management and investment research platform that provides users with AI-based market analysis, investment decision AI agents, and trading and issuance services for cryptocurrency index fund tokens, with over 10 million registered users.Currently, MAG7.ssi is a passive index fund token representing leading opportunities in the cryptocurrency market, issued on the Base chain by the SoSoValue index issuance protocol SSI Protocol. It covers seven major cryptocurrencies, including Bitcoin, Ethereum, and Solana, synthesized in spot on their native chains, providing rich asset allocation to help investors diversify risks. It maintains the optimal portfolio state through an intelligent monthly rebalancing mechanism, with returns and drawdowns over the past three years outperforming Bitcoin. Additionally, due to its index characteristics, MAG7.ssi aggregates the liquidity of the top seven coins such as BTC and ETH, making it suitable for investors seeking long-term growth and enjoying the dividends of the cryptocurrency market's development.Currently, the MAG7.ssi index token has been listed on exchanges such as Gate.io, Bingx, MEXC, and KCEX. Meanwhile, on-chain monitoring shows that MAG7.ssi token liquidity ranks in the top five in the Base chain Uniswap liquidity pool.

ChainCatcher news, according to Matthew Sigel, Director of Digital Asset Research at VanEck, one of the world's top ten oil companies, Petrobras, has announced the launch of a new R&D project that includes Bitcoin mining and tokenization.

ChainCatcher news, Bitfinex released an analysis report stating that the symbiotic potential between Bitcoin mining and artificial intelligence infrastructure cannot be ignored. AI operations require a significant amount of energy and specialized facilities, while Bitcoin miners already possess these facilities. During peaks in AI operations or surges in energy demand, miners can scale down Bitcoin mining and increase mining capacity when energy is more abundant. This dynamic can enhance the economic efficiency of mining operations while maintaining sufficient hash power for the Bitcoin network.Whether this shift is beneficial or detrimental to the Bitcoin network depends on the diversification of miners and the industry's ability to maintain network security amid changing dynamics. If executed strategically, the combination of AI and Bitcoin mining can foster innovation and efficiency without compromising the decentralized nature of Bitcoin.However, if a significant amount of hash power is permanently transferred, the Bitcoin network may face greater centralization risks. Choosing AI over other digital assets also aligns with the broader strategic goals of many mining companies. The growth trajectory of the AI industry is expected to achieve long-term scalability and align with emerging technological trends, from automation to advanced data analytics.

ChainCatcher news, the token $SOSO of the AI-driven asset management and research platform SoSoValue has been listed on multiple exchanges including Bybit at 18:00 today, with a 733% increase in the first hour.SoSoValue announced that SOSO will launch its exclusive "staking mining for index tokens" event on its official website at 20:00 Beijing time on January 25. According to the official statement, based on the current value of $SOSO, the APY will reach up to 2463%.According to the introduction, SoSoValue is an AI-driven asset management and research platform that provides users with AI-based market analysis, investment decision AI agents, and trading and issuance services for cryptocurrency index fund tokens, with over 10 million registered users. Currently, it has issued four spot index tokens: ssiMag7, ssiDEFI, ssiMEME, and ussi.

ChainCatcher news, Ola announced that next week it will launch the first round of the mobile app "dual mining" event in collaboration with the Bitcoin Layer 2 project Bitlayer. Users will experience "one-click dual mining" on the Massive platform for the first time ------ earning rewards from two Bitcoin projects simultaneously.The official statement indicated that the event will last for 30 days, with a base prize pool of 5.74 million OLA tokens and 20 million Bitlayer points. The prize pool will dynamically grow based on the number of participants. Users can download and register on Massive, connect to the Bitlayer chain, and start "one-click dual mining," redeeming points for tokens during the Bitlayer TGE period. Earnings can be further enhanced through daily check-ins, maintaining app activity, inviting friends, and participating in social media interactions.According to previous reports, the Massive App is a core component of Ola as a Bitcoin ecosystem yield enhancement layer, with over 1.5 million registered users, supporting both iOS and Android versions, and is currently available on the App Store, Google Play, Solana application market, and other channels.

ChainCatcher news, former Intel director Lip-Bu Tan joins the board of Bitcoin mining chip design company Auradine.Auradine announced the appointment on Wednesday, emphasizing Tan's forty years of hardware and software experience in the semiconductor field. Tan is the founder and chairman of the venture capital firm Walden International, as well as a founding managing partner of Celesta Capital and Walden Catalyst. He serves on the boards of several companies, including SambaNova Systems, Schneider Electric, and Credo Technology. He also previously served as the CEO of Cadence Design Systems.

According to ChainCatcher news and the official announcement, Binance Pool has launched a new promotional activity that allows all eligible users to share an additional 18,000 Bellscoin (BELLS) rewards by mining Litecoin (LTC).The event runs from January 24, 2025, 05:00 (UTC) to March 24, 2025, 00:00 (UTC). Users need to complete identity verification (KYC) and refer to the LTC mining tutorial to join Binance Pool and start mining.Rewards will be based on users' average LTC hash rate rankings during the event, with the top 50 users receiving different amounts of BELLS rewards.

ChainCatcher news, Brazilian oil giant Petrobras intends to incorporate Bitcoin mining as a supplementary business. The state-owned oil company Petrobras has a daily crude oil production of nearly 3 million barrels and is currently exploring how to integrate Bitcoin mining into its operations.The goal of this exploration is to develop a business model that can reduce the company's carbon emissions through operations such as Bitcoin mining. Marcelo Curi, Petrobras's blockchain and token economy architect, revealed that the company is in the core stage of "historic R&D," attempting to support the value chain and network in transitioning to a low-carbon economy through this "innovative framework."An interdisciplinary team at Petrobras, composed of climate change researchers, oil researchers, and crypto experts, will also investigate the potential applications of blockchain, tokenization, and Web3.

ChainCatcher news, BTC mining company MARA stated in a post that Bitcoin mining has saved Texas approximately $18 billion by replacing expensive gas peaking power plants.At the same time, Bitcoin miners, including MARA, have balanced energy usage during peak electricity periods, enhancing grid stability and achieving a dual advantage of cost and reliability.

ChainCatcher news, according to Bitcoin News, since August 2024, the mining difficulty of Bitcoin has seen a significant increase, with a quarterly rise of 24%.

ChainCatcher message, on-chain data analysis platform Glassnode data shows that the difficulty regression model estimates the cost of mining 1 Bitcoin to be $33,900, while the current Bitcoin trading price is around $104,000.Although mining difficulty has continued to rise in this cycle, the approximately 3-fold profit margin demonstrates the resilience of miners.

ChainCatcher news, VanEck's Director of Digital Asset Research Matthew Sigel disclosed that Bitcoin mining company RIOT announced the suspension of its expansion plan for the world's largest Bitcoin mining facility, located in Corsicana and sized at 600 MW, and is accelerating discussions with potential partners in the artificial intelligence/high-performance computing (AI/HPC) field.The company expects capital expenditures to decrease by $245 million in 2025.