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From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
21.11.2024
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host...
Mara Holdings raises $1B for Bitcoin acquisition, debt buyback
21.11.2024
Mara Holdings has secured $1 billion through convertible notes for strategic debt management and aggressive Bitcoin investment
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
20.11.2024
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth
Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
20.11.2024
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence The announcement published on Wednesday says...
Russia to restrict crypto mining in 13 regions to save electricity
20.11.2024
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk
Coinratecap Ends Mining, Set for TGE, Presale
20.11.2024
PRESS RELEASE. Coinratecap is happy to announce the end of their mining after several months of mining; we are set for Pre-sale on November 20th, 2024. 10:30 pm UTC. Coinratecap started to empower individuals and crypto enthusiasts by offering transparency, tools, and insights into the market....
13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies
20.11.2024
Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed the decision, which...
SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption
20.11.2024
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities...
Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
19.11.2024
Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has announced the development of a bitcoin mining facility on...
MicroStrategy Stock Climbs 11%, Overtakes 2 Largest Gold Mining Stocks
19.11.2024
MicroStrategy witnessed an 11% surge in its stock price today following a series of announcements highlighting its aggressive Bitcoin strategy
Bitcoin Mining Economics Improved in the First Half of November: JPMorgan
19.11.2024
The total market cap of the miners the bank tracks grew 33% since the end October, the report said
Russia Approves 15% Tax on Crypto Trading and Mining Income
19.11.2024
The Russian government has reportedly approved some draft changes to a crypto tax bill which proposes to levy…
BIT Mining to Pay $10M Penalty Over Bribery Allegations by SEC
19.11.2024
Crypto mining firm BIT Mining has agreed to pay a $10 million penalty to the U.S. Department of…
BIT Mining to pay $10M fine for bribing Japanese politicians in former life
19.11.2024
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019
Privacy is the ultimate shield against blockchain vultures
18.11.2024
Privacy protocols are the unsung heroes in the fight against blockchain vultures
Privacy is the ultimate shield against blockchain vultures
18.11.2024
Privacy protocols are the unsung heroes in the fight against blockchain vultures
Latam Insights: Milei Advocates for Crypto Independence, Hive Updates on Paraguayan Mining Site
17.11.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Argentine President Javier Milei calls for maintaining cryptocurrency independence, Hive provides an update on its Paraguayan mining site, and World lands...
Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
17.11.2024
The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban following the enactment of the recent national cryptocurrency law this month. Russian Energy Ministry...
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
16.11.2024
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down...
NY Supreme Court allows Greenidge to keep mining, but challenges remain
15.11.2024
The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over