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PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining
14.11.2022
PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have always been concerns about its environmental impact; however, now is the ideal time to make a difference...
Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines
14.11.2022
Canaan (CAN), a producer of bitcoin mining equipment, said net income slumped 88% in the third quarter due to "negative market dynamics."
Elon Musk says BTC 'will make it' — 5 things to know in Bitcoin this week
14.11.2022
Bitcoin may be bruised, but big names are keeping the faith as data shows investors have seized the chance to "buy the dip" on BTC
Crypto token supplies explained: Circulating, maximum and total supply
12.11.2022
Circulating, maximum and total supply are all essential metrics for an investor’s price discovery. Find out here what they are and how they can be used
Oil Giant Shell Makes Move Into Bitcoin Mining Industry – Here’s What You Need to Know
11.11.2022
One of the largest oil and gas companies in the world, Shell, aims to offer its lubricant and cooling solutions to bitcoin (BTC) miners.
The giant will sponsor the 2023 and 2024 Bitcoin Conferences, as it signed a two-year partnership with Bitcoin Magazine, the events’ organizer....
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Bitcoin miners 'next trigger' for BTC price crash as outflows hit multi-month highs
10.11.2022
Miners face an impossible situation if prices stay this low, which could result in a sell-off accompanied by a BTC price macro low
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...
Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’
8.11.2022
On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26, 2022. The filing noted that the company was in the process of exploring “restructuring...
Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings
8.11.2022
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand
Bitcoin miner Iris Energy faces $103M default claim from creditors
7.11.2022
The company is facing a cash flow crisis due to tough market conditions
Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks
7.11.2022
Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion....
Bitcoin’s Top Mining Pool Foundry USA’s Hashrate Climbed 350% in 12 Months
7.11.2022
Last year, Bitcoin’s total network hashrate was around 160 exahash per second (EH/s), and 15 known mining pools dedicated hashrate to Bitcoin on Nov. 6, 2021. At that time, the mining pool Foundry USA was the fifth largest mining pool with 18.44 EH/s dedicated to the Bitcoin chain. During...
Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils
7.11.2022
Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside...
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity
7.11.2022
According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec....
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
5.11.2022
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help professionals and enthusiasts learn how...
Litecoin Mining Difficulty Is Hitting New Highs, Foundation Says
5.11.2022
The network’s mining difficulty peaked on Friday, indicating increased competition for miner rewards
Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made $42M
4.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made...
Argentina Tax Officers Find $20m Worth of Crypto Mining Hardware on Livestock Farm
4.11.2022
The tax body of Argentina is continuing its crackdown on unregistered crypto mining – and has swooped on a livestock and cereal farm to uncover some $20 million worth of coin-mining hardware.
In a government notice, the national tax authority, known locally as the AFIP, explained that...
The fastest-growing and most accredited cloud mining service provider, MAXUSDT
4.11.2022
The design of a mining farm based on video cards is comparable to that of a standard home computer, with an emphasis on the ability of the computer to render graphics. The hash rate of a video card is the rate at which the graphics processor can search for a cryptographic problem solution....
Quebec's energy manager to seek government approval to stop powering crypto miners
3.11.2022
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms