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Solana Network Runs Smoothly for One Year Without Downtime Events, Setting a New All-Time High #Bitcoin $BTC

KOL transaction address search guide (with 100 KOL address files attached) Every KOL has a different style. Don’t just follow others blindly; choose the one that suits you. #Bitcoin $BTC

Bitcoin Miner Foundry Restructures, Cuts 27% of Workforce Foundry, one of the leading Bitcoin mining firms, has announced a major workforce reduction, laying off 27% of its employees as part of a broader restructuring effort. The decision, which impacts over 200 workers, comes as the company shifts its focus back to its core business of Bitcoin mining and site operations. Strategic Realignment and AI Spinoff Alongside the layoffs, Foundry is spinning off its artificial intelligence (AI) arm, Bittensor, into a new subsidiary called Yuma. This move is intended to separate AI-related ventures from its core Bitcoin mining operations. CEO Mike Coyler emphasized that the restructuring was necessary to maintain efficiency and strengthen the company’s position in the competitive mining industry. Industry Challenges & Market Impact The Bitcoin mining sector has faced significant headwinds, including rising electricity costs, regulatory uncertainty, and increasing mining difficulty. Foundry’s decision to streamline operations highlights the pressures that even top-tier mining firms are facing. Despite the challenges, the company remains committed to optimizing its mining infrastructure and maintaining a strong market presence. As the Bitcoin halving event approaches, mining firms must remain agile. Foundry’s restructuring could set the stage for more strategic shifts in the mining industry moving forward.

If you think about institutional investors diversifying into crypto, yield-bearing stablecoins stands out as one of the most promising trends. They now account for over 3% of the stablecoin market cap. With traditional yields lagging, demand is soaring, here are the top protocols offering high stablecoin yields (Min. $1M TVL):

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