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Former President Trump leads Harris by 10 points — Polymarket

According to Polymarket users, Vice President Kamala Harris is currently favored to win the popular vote by a staggering 72% margin.

*Current 2024 election odds. Source: Polymarket.*

Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s.

Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025.

Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW.

Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power consumption.

Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million.

Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves.

British man sues council for $647M over lost Bitcoin in landfill

James Howells continues his legal battle for 495 million British pounds ($647 million) in damages after Newport City Council blocked his landfill excavation request.

Michael Saylor Says MicroStrategy’s Ultimately Plans to Become a Bitcoin Bank.

Michael Saylor, the founder of MicroStrategy, has revealed what the business intelligence firm aims to achieve with its incessant Bitcoin purchases.

Mt. Gox pushes repayment plan deadline to October 2025

The trustee overseeing Mt. Gox assets has extended the deadline for creditors’ restitution to October 2025 as over 44,900 BTC remains unpaid.

*Mt. Gox wallets balance history. Source: Arkham Intelligence*

Bitcoin ETFs end three-day skid with $254M inflow

The $254 million inflow day was the third-largest ever on days when BlackRock’s IBIT failed to contribute.

*Flows for the US spot Bitcoin ETFs on Oct. 11 (Green). Source: Farside Investors*

Bitcoin miners fall in October with only Riot, Galaxy, Core Scientific posting gains.

Bitcoin mining stocks have showed mixed results this October, with many falling more than Bitcoin, which has also recorded a modest 4.5% drop so far.

Bitcoin Amsterdam: Flawed research drives harmful Bitcoin policies

Speakers at the Bitcoin Amsterdam 2024 conference discussed how flawed academic studies on Bitcoin fuel misinformation, affect media coverage and lead to misguided policies.

*Beyond Resistance Money panel discussion. Source: Bitcoin Amsterdam 2024*

Tron’s Justin Sun Wins Liberland Congress Election, Named Acting Prime Minister.

The blockchain-based Liberland Congress election results were announced, marking a new era for the micronation. Tron founder Justin Sun emerged as the winner and has been appointed as acting Prime Minister by Liberland President Vít Jedlička.

Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months

Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence as she provided “substantial assistance” to the government.

*Federal prosecutors say Heather Morgan should receive 18 months jail time for her role in laundering the proceeds of the 2016 Bitfinex hack. Source: PACER*

Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s.

Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version.

Bitcoin Volatility in Japan Hits 2-Year High Amid Yen Instability, Trading Volumes Plummet by 50%.

The Japanese Bitcoin (BTC) market has witnessed a surge in volatility, tied closely to the recent instability of the Japanese Yen (JPY).

It’s good that Bitcoin doesn’t have an eccentric founder — Adam Back

The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users.