Goga (gogaja)

Second-quarter data reveals that the average cash cost of producing a single Bitcoin among publicly traded mining companies has reached $49,500. When accounting for depreciation and stock compensation, this cost increases to an average of $96,100. To address these rising expenses, many mining companies are diversifying their income by expanding into AI-related ventures

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A U.S. federal court has thrown out a lawsuit against Elon Musk and Tesla, which accused them of misleading investors by artificially boosting the value of Dogecoin and participating in insider trading, resulting in billions of dollars in losses. Manhattan District Judge Alvin Hellerstein determined that Musk's tweets and comments could not be used as grounds for securities fraud.

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recast:farcaster://casts/0x96030f20fb712586bef432de81bc7b4390db842b504b9b8c42cab4842267ba29

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recast:farcaster://casts/0xb76b934c8ee2f87338474afe62201b37c6ea279d91bc161c815344ac9171405f

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