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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
24.7.2021
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. Abkhazia...
You Can Get Vintage Game Magazines Delivered To Your Doorstep
22.7.2021
Bright, colorful, choked with ads, and filled with articles dated before they even left the publisher’s warehouse, retro video game magazines are delightful little static moments in video game history preserved on paper. The Video Game History Foundation’s vintage magazine subscription service...
Mars4 Leads Innovation in Blockchain With NFT and DeFi Powered Metaverse
22.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
20 July, 2021,
Metaverses and NFT gaming in the crypto space are very successful and currently the talk of the town with Axie Infinity setting new records in virtual land sales and the likes of Decentraland...
Major Crypto Mining Company Core Scientific Going Public on Nasdaq With $4.3 Billion Valuation
21.7.2021
Core Scientific, a major blockchain hosting and digital asset mining company, is going public through a merger with Power & Digital Infrastructure Acquisition Corp. The deal values the combined company at approximately $4.3 billion. Core Scientific to List on Nasdaq Core Scientific Holding...
Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume
19.7.2021
An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production. Russian Project Aims...
Fallout 76 Armor Lets You Become A Dolphin-Human Hybrid
16.7.2021
Fallout 76’s newest season offers the usual rewards, including new player cards, extra atoms, and weapon skins. But for players willing to grind (or with money to burn), you can unlock something a bit more nautical: Dolphin power armor. Read more
Compass Mining Partners With Oklo to Power Bitcoin Mining Operations With Advanced Fission
15.7.2021
Bitcoin mining firm Compass Mining announced the company has entered a 20-year partnership with Oklo Inc., a California-based firm that produces clean, emission-free energy via advanced fission. Oklo explains the company is committed to providing 150 megawatts (MW) of clean power to Compass...
China’s Bitcoin hash power fell before the crackdown: Cambridge data
15.7.2021
Cambridge research shows that China’s Bitcoin mining power fell by 40% before the crackdown, while the United States’ hash power has quadrupled
France Proposes EU-Wide Cryptocurrency Regulation
15.7.2021
France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed...
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
14.7.2021
Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice...
New York Fed Survey Shows Inflation Expectations Highest Ever Recorded
13.7.2021
American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013 and alongside the forecast of lower purchasing power, consumer debt and fears of a housing...
Thousands Of PS4 Pros Discovered In Warehouse Raid
12.7.2021
Ukraine’s Security Service (SBU) busted a cryptocurrency mining farm filled with racks of PS4 Pros for allegedly stealing electricity off the nation’s power grid, the spy agency reported late last week.Read more
Power Ledger Migrates to Solana But Keeps Its Token On Ethereum
12.7.2021
Some projects are still leaving the Ethereum (ETH) blockchain, despite the incoming improvements - as Australian energy trading technology company Power Ledger (POWER) leaves it for more centralized Solana (SOL)-based platform, "tens of thousands of times faster than Ethereum." However...
Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date
10.7.2021
The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. Ukraine Seizes Thousands of Video Game...
Riot Blockchain Bitcoin Production Jumps More Than 400% Year-on-Year Amidst Mining Exodus
10.7.2021
Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as a result of the increase in mining power. The recent mining crackdown in China is also helping companies like Riot...
Hydro plant from 1897 earns 3X as much mining BTC as selling power to the grid
9.7.2021
An historic renewable energy facility in New York has tripled its profits by mining Bitcoin
Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
8.7.2021
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza...
Animator Recalls Hayao Miyazaki's Power Of Observation
7.7.2021
To be a great animator like Hayao Miyazaki, you need to be able to notice things. The power of observation is key in drawing. Masaaki Endo, who worked on My Neighbor Totoro as a key animator, recently told a story explaining just how good Hayao Miyazaki was at picking up small details. Read more
As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges
5.7.2021
While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin...
Happy Indie-Penance Day!
5.7.2021
Shhhhhh, all the grown ups are distracted. Kotaku’s proper employees are all off doing whatever it is Americans do on Independence Day, and in a woefully ironic act, have allowed a Brit to take over the site. So aside from leaving crates of tea everywhere and graffitiing “Long Live King George...