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Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’
1.5.2021
During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining. During the event Bitdeer outlined the company’s computing partnerships and its plans to make...
Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel
30.4.2021
In the latest Cointelegraph video debate, experts discuss pathways towards making Bitcoin more sustainable
Digital Asset Marketplace Apifiny Prime Granted FINRA Broker-Dealer License Approval
30.4.2021
On Thursday, Apifiny, a global digital asset trading and mining network, announced the company’s subsidiary Apifiny Prime has been granted a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). The firm now joins the ranks of brokerage and exchange businesses like...
Bitcoin mining in China set for 'stricter supervision' due to carbon concerns
30.4.2021
China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint
Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets
29.4.2021
The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries...
Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
27.4.2021
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay...
The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining
25.4.2021
To establish an interplanetary economy, humanity needs a better financial system that decentralized cryptocurrency can offer
Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners
24.4.2021
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer...
Bitcoin greenwashing? Lawmakers want clearer definitions of green energy
23.4.2021
U.K. legislators want clearer definitions applied to green energy usage to combat the rise of financial “greenwashing.”
Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet
23.4.2021
Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to Become a Bitcoin Hub Mayor...
Earth Day 2021: How the crypto industry is moving closer to going green
22.4.2021
Despite what the critics might tell you, blockchain is greener than ever
Algorand pledges carbon-negative blockchain
22.4.2021
Algorand and ClimateTrade are working on a sustainability oracle that would drive down carbon emissions
Texas wants to protect privacy elements of blockchain companies, says Blockcap
22.4.2021
According to Darin Feinstein, the Chinese government isn't helping to protect the private property of its crypto miners
Jackson, Tennessee follows Miami's lead to adopt Bitcoin operations
22.4.2021
Another city in the United States is looking to add Bitcoin payments and mining activities to the city’s balance sheet
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
22.4.2021
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations...
2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina
21.4.2021
The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period....
Governments can stop Bitcoin by shutting down mining, says Electric Capital exec
20.4.2021
"If the U.S. stopped all the U.S. miners, Kazakstan stopped all the miners there — that kind of shuts down 80-90% of the hashrate pretty quickly," said Curtis Spencer
Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
18.4.2021
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed...
Blockcap Mined $33M in BTC in First Quarter, Q1 Bitcoin Revenue Outshines US Competitors
17.4.2021
The Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021. Blockcap says the $33 million worth of bitcoin stems from the firm’s fleet of 12,176 mining rigs. Blockcap Rakes in 544 Bitcoins During the last...
What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies
16.4.2021
Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash price doubled as altcoin forks start to gain traction