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Nalezeno "Crypto Mining": 1166

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

3.7.2024
Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision...

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...

Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms

1.7.2024
In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several...

Bitcoin miner Hut 8 lands $150M investment amid AI boom

24.6.2024
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing

Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO

19.6.2024
LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners

The evolution of crypto mining: Can eco-mining solve environmental concerns?

14.6.2024
Geological mining appears to have spawned as far back as prehistoric times, but there is a newer version of mining that is a bit more recent, crypto mining. Bitcoin, the famous cryptocurrency, now valued at $66,899.80 with a market cap of $1,321.69B, has quite recently made itself into...

Crypto mining regulation rules St. Petersburg International Economic Forum

7.6.2024
At this year’s St. Petersburg International Economic Forum (SPIEF), the regulation of cryptocurrency mining emerged as a central theme, capturing the attention of policymakers, industry leaders, and economic experts from around the world. As digital currencies continue to gain prominence,...

Riot Platforms bounces after damning report claiming collapse

6.6.2024
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital

Halving full effect: Bitfarms crypto mining revenue falls 42% in May

4.6.2024
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production

Paraguay seizes 2,738 ASICs as power theft crackdown continues

31.5.2024
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it

Bitdeer Announces $100 Million Investment From Tether

31.5.2024
On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in shares in the future. Bitdeer and Tether Forge...

Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer

31.5.2024
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said

Texas Regulator Orders Arkbit Crypto Mining To Shut Down

29.5.2024
A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud. The post...

Arkbit crypto mining MLM fraud busted by Texas regulators

29.5.2024
Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies

Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700

26.5.2024
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authorities consider a “misuse of the farm...

UAE Agriculture Authority Bans Cryptocurrency Mining on Farms

24.5.2024
The Abu Dhabi Agriculture and Food Safety Authority, United Arab Emirates (UAE), has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The post UAE Agriculture Authority Bans Cryptocurrency Mining on Farms appeared first on Cryptonews