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Ripple Reportedly Eyes Celsius' Assets, New Crypto Rule from SEC, Risky Metaverse + More News
10.8.2022
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: Ripple Reportedly Eyes Celsius' Assets, New Crypto Rule from SEC, Risky Metaverse + More News
Blockchain’s environmental impact and how it can be used for carbon removal
10.8.2022
Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment
MAXUSDT(TRX) Makes Crypto Mining Easier & Secure Than Ever!
10.8.2022
Mining for bitcoins is one of the most lucrative ways to make a consistent income, but there are several challenges and dangers to consider before beginning. In addition, a sizable initial investment is necessary to install all of the necessary mining equipment, construct the necessary cooling...
Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme
10.8.2022
Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud...
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
10.8.2022
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a...
CleanSpark Raises Year-End Hashrate Guidance, Sets 2023 Outlook
9.8.2022
The miner noted a $29.3 million loss for the fiscal quarter, driven by the reclassification of its energy assets
Business Exec’s Noisy Illegal Ethereum Mining Rigs Left Employees Sweltering in 40°C Furnace
9.8.2022
A South Korean company executive at a major business group operated Ethereum (ETH) mining rigs “non-stop for three years” – using illegally sourced electricity.
MBN reported that the unnamed executive was a faculty management chief for “one of the five biggest business groups” in the nation. South...
Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News
9.8.2022
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: Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News
Cipher Mining Lowers Per-Terahash Cost of Mining Rigs Even as Quarterly Loss Widens
9.8.2022
The miner expects to deploy 6.9 EH/s by early 2023
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY
9.8.2022
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the second quarter of the year. The company revealed that even having increased its production by 8% when compared to Q2 2021, it recorded an impairment of $127.6...
F2Pool co-founder responds to allegations it's cheating the Ethereum POW system
9.8.2022
The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards
Australia-based crypto miner doubles hash rate after energizing Canadian rigs
8.8.2022
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule
8.8.2022
The firm will be adding another 50MW by the end of next month, bringing its total hashrate to 3.7 EH/s
After Countless Bungles, Compass Mining Tries to Change Its Course
8.8.2022
The company that set out to make crypto mining available to retail investors has had to put out its own fires
EthereumPoW Fork Won't 'Significantly' Harm Ethereum - Vitalik Buterin
8.8.2022
Another hard fork won't "significantly" harm Ethereum (ETH) and "pretty much everyone" in the Ethereum ecosystem is supportive of The Merge, when the network transitions from a proof-of-work (PoW) system to proof-of-stake (PoS), according to Ethereum co-founder Vitalik Buterin.
His remarks come...
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms
7.8.2022
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their business. Kazakhstan Busts...
Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
6.8.2022
Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
5.8.2022
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator
WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
5.8.2022
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: WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
Antminer S19 XP dropped in a bid to swing crypto miners back into profit
5.8.2022
Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56