Search

Nalezeno "AI in mining": 6147

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

16.5.2024
With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this...

Bitfarms Terminates CEO Geoffrey Morphy, Faces $27 Million Lawsuit

16.5.2024
Bitfarms Ltd., a global bitcoin mining company, has announced the immediate termination of Geoffrey Morphy as president and CEO, along with his removal as a director. Following his dismissal, Morphy filed a lawsuit against the company, seeking $27 million in damages for alleged breach of contract...

Oklahoma’s new crypto law protects miners, sets blockchain legal framework

15.5.2024
Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates a legal framework for blockchain and safeguards miners’ activities

El Salvador mines 474 Bitcoin using geothermal volcanic energy

15.5.2024
El Salvador currently holds 5,750 BTC worth $354 million which it has accumulated over three years

El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs

15.5.2024
El Salvador, which became the first nation to use Bitcoin (BTC) as legal tender, could easily hold 5,750 Bitcoins, per “Bitcoin Office” report. The post El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs appeared first on Cryptonews

SEC tries again for Debt Box suit dismissal with option to refile

14.5.2024
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit

Galaxy Digital’s revenue soars with mining, fees at record levels

14.5.2024
Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees

Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal

14.5.2024
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE. The 100 MW is anticipated to double the capacity of the hydro-powered Yguazu...

Jito DAO considers a $29M liquidity mining investment from the Treasury

14.5.2024
Jito DAO, a Solana-oriented liquid staking solution, is mulling over 7.5 million dollars of conventional JTO token expenditure for liquidity mining. The figure amounts to approximately $29 million, as per the present pricing. It is a segment of the total 240 million JTO holding about the DAO’s...

Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving

14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving. The post Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving appeared first on Cryptonews

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

14.5.2024
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan

Biden orders removal of Chinese-owned crypto miner near missile base

14.5.2024
Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden

US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base

14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns. The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...

Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments

14.5.2024
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures...

Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base

14.5.2024
President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure requires the divestment of land used for crypto mining...

U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base

13.5.2024
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security

Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit

13.5.2024
Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event. The...