Web Stories Wednesday, August 12
Bitcoin Miner Squeeze In Focus As Fees Make Up Under 0.7% Of Revenue

Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot to AI.Key points:Bitcoin miners now rely on block subsidies more than at any time in the past decade, data shows.Bitcoin hash rate has declined by 33% since October 2025.Analysts warn that miners switching to…

Bank of America unveils 0B initiative to modernize US infrastructure

Bank of America (BofA) is launching a $250 billion initiative to finance a broad buildout of U.S. infrastructure, including data centers, semiconductor facilities, power generation and transportation projects. The banking giant announced Wednesday that its Critical Infrastructure Finance Initiative will mobilize and deploy $250 billion through lending, investments, capital markets and advisory transactions over an 18-month period ending July 4, 2027.The effort comes as growing demand for computing power, electricity, manufacturing capacity and diversified supply…

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