Cipher Mining Expands Texas Footprint With $2.5M Site Purchase
Cipher Mining bolsters its Texas presence by acquiring a new $2.5 million bitcoin mining facility in Cotulla, set to enhance its capacity with 70 MW by 2026.

Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,003 posts
Cipher Mining bolsters its Texas presence by acquiring a new $2.5 million bitcoin mining facility in Cotulla, set to enhance its capacity with 70 MW by 2026.

Q1 2024 13F Analysis & Reasons to be Bullish.

Recent shifts into contango in the gasoline market and falling oil prices signal significant weaknesses in the U.S. economy.

The U.S. GDP revision to 1.3% signals an economic slowdown, prompting a potential reassessment of Federal Reserve policies amid recession fears.

Australia launches its first spot Bitcoin ETF, the Monochrome Bitcoin ETF (IBTB), on the CBOE.

Major U.S. banks are using intense lobbying to reduce financial reserves, risking taxpayer protection and increasing their regulatory influence.

Rising U.S. food prices stem from reckless government spending and monetary expansion, despite narratives that blame corporate greed.

Japan's Finance Ministry spent a record ¥9.8 trillion in a failed effort to stabilize the yen against the dollar.

Salesforce's revenue miss and stock plunge, alongside Kohl's sales decline, highlight a broader economic downturn driven by cautious spending.

Is the Biden administration strategically weakening the dollar to protect government interests?

Someone must pay for trillions of dollars in government spending.

U.S. Q1 GDP revised down to 1.3%, signaling a sharp economic slowdown driven by decreased consumer spending.

A Federal Reserve study exposes how its policies fuel a widening wealth gap, favoring homeowners and leaving renters in the dust.

The European commercial real estate market faces a crisis with increasing bad loans and volatile conditions that could lead to significant global economic disruptions.

Despite claims of economic growth, many Americans face declining living standards, with rising costs turning basic convenience into luxury.

BlackRock's iShares Bitcoin Trust has surpassed Grayscale, with global Bitcoin ETFs now managing over 1 million BTC.

Bitfarms rejects Riot Platforms' $2.30 per share takeover bid as undervaluing its growth potential and future plans.

Rising "Buy Now, Pay Later" usage and declining credit balances signal increasing financial pressures and a potential economic downturn.

Groceries cost over 30% more under administration.

Bitcoin exchange-traded products (ETPs) have begun trading on the London Stock Exchange following approval from the UK's Financial Conduct Authority.

The Commoner
Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
Free, every weekday. Unsubscribe anytime using the link in each newsletter. By subscribing you agree to our Terms and acknowledge our Privacy Policy. Read recent issues.