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31 Mar 2026, 02:30

Warren Presses Commerce Department Over Bitmain Security Risks and Trump-Linked Crypto Ties

U.S. lawmakers escalate pressure on crypto mining supply chains as Elizabeth Warren targets Bitmain’s U.S. ties, raising alarms over foreign influence, infrastructure exposure, and politically linked partnerships shaping the future of bitcoin mining. Warren Targets Bitmain, Trump Crypto Ties, and Security Risks Heightened scrutiny over crypto-linked supply chains has reached the U.S. Commerce Department. The

31 Mar 2026, 01:15

Mined in America Act: BTC Mining to the USA

US Senators Cassidy and Lummis are attracting BTC mining to the country with the 'Mined in America Act'. With certification and domestic production incentives, dependence on China will decrease. Th...

31 Mar 2026, 01:10

F2Pool Founder’s Staggering Loss: Sells Thai Apartment for 7 BTC After Buying for 2,900 BTC

BitcoinWorld F2Pool Founder’s Staggering Loss: Sells Thai Apartment for 7 BTC After Buying for 2,900 BTC In a transaction that starkly illustrates the extreme volatility and long-term narrative of cryptocurrency markets, Chun Wang, the founder of the major mining pool F2Pool, has sold a Pattaya, Thailand apartment for just 7 BTC—a mere fraction of the 2,900 Bitcoin he paid for it nearly a decade ago. This sale, confirmed in early 2025, represents a profound shift in valuation for an asset purchased at the dawn of a crypto era. Consequently, the story provides a unique, real-world case study on the intersection of digital and physical asset investment. Furthermore, it highlights the unpredictable journey of early Bitcoin adopters. F2Pool Founder’s Cryptocurrency Real Estate Transaction Chun Wang, a pivotal figure in the global Bitcoin mining ecosystem, recently finalized the sale of his Pattaya condominium. The property fetched a price of seven Bitcoin. At current valuations, this amounts to approximately $470,000. However, the historical context reveals the staggering scale of the change. Wang originally acquired the apartment in 2015 for 2,900 BTC. At that time, the Bitcoin price hovered around $224 per coin. Therefore, the initial outlay was roughly $650,000. The recent sale at 7 BTC, despite Bitcoin’s monumental price appreciation, results in a nominal dollar loss estimated at $180,000. This outcome underscores a critical investment principle: the unit of account matters immensely. The 2015 Purchase: A Bet on Bitcoin’s Future In 2015, the cryptocurrency landscape differed dramatically from today’s environment. Bitcoin was recovering from the Mt. Gox collapse. Its use as a direct medium of exchange for high-value goods like real estate remained rare. Wang’s decision to purchase a property with Bitcoin was both pioneering and symbolic. It demonstrated tangible faith in the asset’s long-term viability. The mining pool he co-founded, F2Pool, was already a dominant force in securing the Bitcoin network. This transaction, therefore, was not merely a personal investment but also a signal to the early crypto community. It showed that ‘digital gold’ could acquire physical assets. Analyzing the Financial and Market Impact The core of this story lies in the divergent value trajectories. While the Thai property’s market value in fiat currency may have experienced moderate appreciation, its value denominated in Bitcoin collapsed. To quantify this shift: 2015 Purchase: 2,900 BTC ≈ $650,000 (BTC ~$224) 2025 Sale: 7 BTC ≈ $470,000 (BTC ~$67,000) Nominal Fiat Difference: Loss of ~$180,000 Bitcoin Denominated Difference: Loss of 2,893 BTC This discrepancy highlights a common narrative among early Bitcoin holders. Many view their holdings in coin terms, not dollar terms. The loss of nearly 2,900 Bitcoin units, regardless of their current dollar equivalent, represents a significant depletion of a finite digital resource. For perspective, those 2,893 BTC held until 2025 would be worth over $190 million. This comparison, while retrospective, frames the opportunity cost inherent in such early spending. Expert Perspective on Volatility and Investment Strategy Financial analysts specializing in crypto assets often cite similar stories. They serve as powerful reminders of volatility. “This transaction is a textbook example of asset denomination risk,” explains a veteran crypto economist from a Singapore-based research firm. “An investor holds two assets: Bitcoin and real estate. The relative value between them can swing violently. In this case, the real estate failed to keep pace with Bitcoin’s historic appreciation. Therefore, measuring the trade in Bitcoin terms shows a drastic loss.” This perspective is crucial for understanding the mindset of early adopters. They frequently prioritize accumulating and holding Bitcoin units above all else. The Broader Context of Crypto in Real Estate Wang’s sale occurs within a maturing ecosystem for cryptocurrency real estate transactions. In 2025, using Bitcoin or Ethereum to purchase property is more streamlined. Specialized intermediaries and legal frameworks exist now. However, the fundamental volatility challenge persists. Sellers who accept crypto must decide whether to immediately convert to fiat or hold the digital asset. This decision carries its own financial risks and rewards. The Pattaya property market itself has seen increased interest from digital nomads and crypto entrepreneurs. Thailand has established clearer regulations for digital assets in recent years. This makes such transactions more feasible than in 2015. F2Pool’s Role and the Mining Industry Evolution Understanding Wang’s position requires knowledge of F2Pool’s history. Founded in 2013, it quickly became one of the world’s largest Bitcoin mining pools. It has consistently commanded a significant share of the network’s hash rate. Revenue from mining operations, earned in Bitcoin, provided the capital for purchases like the Pattaya apartment. The mining industry has undergone seismic shifts since 2015. It moved from individual enthusiasts to large-scale industrial operations. It also navigated China’s 2021 mining ban, which forced pools like F2Pool to relocate infrastructure and personnel. Wang’s personal investment story runs parallel to this industrial evolution. Lessons for Investors and the Market Narrative This event offers several key takeaways for the investment community. First, it reinforces the astronomical appreciation of Bitcoin over a ten-year horizon. An asset worth $224 in 2015 now trades above $67,000. Second, it illustrates the psychological aspect of ‘holding.’ Spending appreciated assets is often framed as a loss by long-term believers. Third, it shows that real estate, traditionally a stable store of value, can dramatically underperform a hyper-appreciative digital asset. Finally, the story humanizes the often-abstract figures in the crypto industry. It connects their financial decisions to tangible outcomes. Conclusion The sale of Chun Wang’s Pattaya apartment for 7 BTC concludes a notable chapter in cryptocurrency history. This F2Pool founder transaction transcends a simple property deal. It serves as a permanent data point in the study of Bitcoin’s volatility, early adopter behavior, and the real-world application of digital currency. While representing a significant loss in Bitcoin terms, the story ultimately underscores the transformative financial journey of the past decade. It reminds investors that value is relative and that the most disruptive assets can redefine traditional metrics of profit and loss. The legacy of this 2,900 BTC apartment purchase will continue to inform discussions about cryptocurrency as a medium of exchange and store of value for years to come. FAQs Q1: Who is Chun Wang and what is F2Pool? Chun Wang is a Chinese entrepreneur and co-founder of F2Pool, one of the world’s oldest and largest Bitcoin and cryptocurrency mining pools. F2Pool contributes significant computational power to secure blockchain networks and earns block rewards in return. Q2: Why is selling an apartment for 7 BTC considered a loss if Bitcoin’s price is higher? The loss is measured in Bitcoin units, not US dollars. Wang spent 2,900 BTC to buy the apartment in 2015. By selling it for only 7 BTC in 2025, he effectively lost 2,893 BTC. Although those 7 BTC are worth more dollars today than his initial dollar outlay, the massive reduction in his Bitcoin holdings represents the core loss from a crypto-centric perspective. Q3: How common are real estate purchases with Bitcoin? While still niche, cryptocurrency real estate transactions have become more common since the mid-2010s. They are particularly prevalent in markets appealing to tech entrepreneurs and in countries with progressive digital asset regulations. However, volatility and legal complexities often necessitate third-party escrow services. Q4: What does this sale say about Bitcoin as a currency for everyday purchases? This transaction highlights one of Bitcoin’s enduring challenges as a daily currency: its price volatility. Using a rapidly appreciating asset to buy goods or services can lead to significant opportunity cost, as seen here. This is why many proponents view Bitcoin primarily as a long-term store of value rather than a transactional medium. Q5: Could Wang have avoided this loss? Only through perfect market timing, which is impossible. If he had sold the apartment for Bitcoin during a market peak or purchased a different asset that appreciated at a rate closer to Bitcoin’s, the outcome would differ. The story is less about a mistake and more about the unpredictable nature of valuing one volatile asset against another over a long period. This post F2Pool Founder’s Staggering Loss: Sells Thai Apartment for 7 BTC After Buying for 2,900 BTC first appeared on BitcoinWorld .

31 Mar 2026, 01:00

Bitcoin Miners Are Coming Back—Hashrate Jumps 12.5% From March Lows

On-chain data shows the Bitcoin mining Hashrate has seen a notable jump since the mid-March lows, a sign that miners have been coming back. Bitcoin Hashrate Has Retraced Much Of The Earlier Decline The “ Hashrate ” refers to an indicator that keeps track of the total amount of computing power that miners have connected to the network. It’s measured in terms of hashes per second (H/s), or more practically, in exahashes per second (EH/s). This metric can serve as a proxy for the sentiment among miners; its value going up can imply the chain validators are finding the network profitable to mine on, while its value going down can suggest this cohort is leaving the chain for now As the chart below from Blockchain.com shows, the 7-day average value of the Bitcoin Hashrate witnessed a drawdown during the first half of March. Interestingly, this drop in the metric came alongside a recovery surge in BTC’s spot price. Often, miners tend to follow the cryptocurrency’s value as their revenue directly correlates with it. This time, however, the two showed a divergence. Some speculated that the decline may be due to a shift that the mining industry has been observing recently, with many big public mining companies choosing to focus on the emerging AI/datacenter business. Since bottoming at 920.8 EH/s on March 19th, however, the Hashrate has made significant recovery, raising doubts about the theory. Today, the 7-day average value of the Hashrate is sitting at 1,036.6 EH/s, which is about 12.5% up from the low seen earlier in the month. The metric is still not quite back at the 1,083.9 EH/s top from March 1st, but if the recent trajectory continues, it’s possible that a full recovery could happen. It only remains to be seen, though, how the Hashrate will develop in the near future, considering the consolidation phase that Bitcoin has been stuck in during the war uncertainty and miners making a push toward AI. In some other news, the Bitcoin spot exchange-traded funds (ETFs) were observing a streak of positive netflows earlier, but the latest week has broken the trend, according to data from SoSoValue . As displayed in the above graph, the US Bitcoin spot ETFs saw net inflows for four straight weeks before the latest one, implying demand was pouring into the cryptocurrency via these funds. Last week, however, the trend reversed as over $296 million in capital left the vehicles instead. BTC Price At the time of writing, Bitcoin is trading around $67,600, down nearly 5% over the past week.

31 Mar 2026, 00:35

US senators float ‘Mined in America Act’ to boost BTC mining, codify reserve

While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate.

31 Mar 2026, 00:34

U.S. Senators push ‘Mined in America’ Bitcoin bill to break China’s mining grip

Two U.S. senators have introduced a bill to make Bitcoin mining in America easier while reducing its reliance on foreign technologies. Bill Cassidy and Cynthia Lummis introduced the “Mined in America Act” to increase investment in Congress to establish dominance over Bitcoin mining, build local infrastructure, and form a national Bitcoin reserve. Right now, the U.S. controls about 38% of global Bitcoin mining, and 97% of the specialized mining machines are from China. That imbalance is worrisome, the senators have warned. If America relies too much on foreign parts for its Bitcoin mining hardware, a supply chain or security issue could arise. The bill would offer a gradual transition away from multinational mining equipment and allow companies to rotate so that they can be fully compliant by the end of the decade. It also mandates the certification program “Mined in America.” Mining organizations can obtain that certification at a local level with secure equipment and enough equipment to work. This is designed not only to spur overall best practices but also to increase confidence in U.S.-based mining companies. The bill will require government agencies to promote mining hardware in the U.S. as well. Bill links Bitcoin mining to energy efficiency, national security, and rural development The bill would also affect everything from Bitcoin mining to energy conservation and national security. It ties the U.S. to those opportunities through international mining equipment, claiming such equipment is unreliable or poorly received. Low costs but higher processing costs, so there was no mining hardware. The United States also imports the same kinds of materials that many countries don’t use at all; however, some could theoretically be installed at a place like the beach by foreigners. The bill also reveals how Bitcoin mining can become a source of energy, for example, to support electricity. Mining requires considerable electricity and helps regulate supply and demand. Then, mining an area of mined energy and harvesting it makes it possible for people to actually pick up energy that’s been pushed so far upstream in the supply-and-demand cycle and put it into the waste space over time. Having continued to cite difficulties in the country’s power supply, the bill calls for mining to be conducted by capturing methane emissions from oil and landfills for waste disposal. Methane is an extremely hazardous greenhouse gas, so turning it into energy for mining could also minimize environmental damage. For mining companies, meeting certification criteria could enable access to government-backed finance through existing energy and agriculture funding programs. With a large rural population, they can implement energy-efficiency projects that support growth. Bill proposes a strategic Bitcoin Reserve to strengthen U.S. Financial power and reward domestic miners The bill also aims to develop a formal Strategic Bitcoin Reserve to manage Bitcoin in the Treasury. While Bitcoin is currently in the hands of the U.S. government, mostly through law enforcement seizures, the idea is to convert it into an elaborate, long-term reserve. The aim is to see Bitcoin as a strategic asset, much like gold or oil stocks. The plan provides a framework for generating such a reserve without new taxpayer investment in the budget; the bill would explain. One might use the rewards that other digital assets may yield if seized. One example is if the government could earn money by staking or airdrops, and use that money to buy more Bitcoin. Also, we encourage U.S.-based miners. Certified firms can sell purchased Bitcoin directly to the government; only certified firms are eligible for the capital gains tax exemption. That will make it easier for miners to be rewarded for submitting Bitcoin to the Reserve at the lowest possible price. Supporters claim this move would strengthen the country’s financial situation and enhance the United States’ ability to compete in a global digital economy, where many are unable to, and the country has made little investment. If you're reading this, you’re already ahead. Stay there with our newsletter .