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Blockchain Association Shares Crypto Priorities In Letter To Trump
22.11.2024
On November 22, 2024, the Blockchain Association, the asset trade group in the United States, sent an open…
Sui Outage Report: Upgrade Code Bug Caused Downtime, Fixed Within 2.5 Hrs
22.11.2024
Sui Network released its first network outage analysis report which found that a bug in its upgrade code…
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
Hive Digital buys 6,500 ASICs, starts Paraguay construction
11.11.2024
Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
21.10.2024
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers...
Northern Data wants to sell Peak Mining to invest in AI expansion
21.10.2024
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year
New Falconx Platform Could Transform How Miners Liquidate Crypto
18.10.2024
Falconx, a digital assets prime brokerage firm, has launched a platform that automates the conversion of cryptocurrency to USD for miners. This platform aims to streamline the liquidation process, reducing delays and improving efficiency for miners. Enhanced Liquidity for Miners Falconx,...
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
9.10.2024
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while making bitcoin mining more accessible to South Korean...
Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations
4.10.2024
Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure...
Russia Set to Launch Crypto Payment Trials Next Week, Report
27.8.2024
Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the National Payment Card System and could lead to the establishment of crypto trading platforms...
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
21.8.2024
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which...
Riot Platforms boosts Bitfarms stake with $2.28M share acquisition
14.8.2024
Riot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations
Putin Signs Law to Regulate Crypto Mining in Russia
11.8.2024
Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November. This legislation establishes a regulated framework for mining operations, limiting participation from entities associated with...
Airbnb Host Imposes No Mining Rule After Guests Rent Her Property to Mine Crypto
3.8.2024
An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and mining cryptocurrency during their three-week stay. Despite leaving the property in excellent condition, the guests’ excessive energy...
Russia Advances Cryptocurrency Mining Bill
27.7.2024
Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote investment and employment. Proposed by the chairman of the Duma Committee on Financial Markets and supported by key deputies, the bill mandates strict guidelines...
Trump to Address Bitcoin 2024 Conference in Nashville
11.7.2024
According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin (BTC) and the Republican party’s inclusion...
Russia’s Cryptocurrency Mining Bill Faces Delays
2.7.2024
The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently, cryptocurrency cannot be used for settlements...
NY Attorney General sues crypto trader NovaTech, claims $1B fraud
6.6.2024
Two people took in $1 billion in crypto deposits and traded $26 million of it, the suit alleges