Mining Funding Comes Back from the Dead

For the first time in over a year, we’ve seen mining dominate crypto funding, comprising $625M of this week’s $746M of funding. There were two mining deals, Core Scientific and Blockstream, which received $500M and $125M, respectively. This heavy funding in mining caused total funding this week to skyrocket from last week, increasing nearly 4x from $194M to $746M (one of the most funded weeks in months). Aside from mining, infrastructure also had a strong week, increasing to $107M in funding from $86M last week. There were seven infrastructure deals, the largest of which was Quicknode, wh...