Summer curtailments slash Bitcoin production for US miners amid grid pressures

U.S. Bitcoin mining is struggling with production drops amid summer conditions. Cipher Mining’s hashrate utilization fell to 62.95% while MARA saw a nearly 20% decrease in June, highlighting how external factors impact mining operations.

Ripple’s CEO addressed speculation regarding Linqto’s issues, clarifying that XRP is not involved in Linqto’s legal troubles and confirming Ripple’s share performance, thus reassuring investors about the value of their shares.

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