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Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
21.8.2024
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy...
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
18.8.2024
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days....
Lower interest rates could be the key to DeFi summer: HashKey CEO
16.8.2024
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence
Lower interest rates could be the key to DeFi summer: HashKey CEO
16.8.2024
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
16.8.2024
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a dwelling where over 1,000 cryptocurrency miners operated, was sentenced to 18 months in prison for causing over...
Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
16.8.2024
Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial...
AI may already use more power than Bitcoin — and it threatens Bitcoin mining
14.8.2024
AI may already consume more power than Bitcoin mining, and its deep pockets mean miners face stiff competition for equipment and electricity
Lord Of The Rings: Rings Of Power Shows Middle-Earth Falling Apart In New Season 2 Trailer
14.8.2024
Lord Of The Rings: Rings Of Power season 1 left me pretty cool. As a fan of Tolkien’s fantasy world, I thought it had its moments, but a lot of it felt like a waste. Season 2, based on the trailers at least, feels like it’s shaping up to be something else entirely. A second look at the upcoming...
Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025
14.8.2024
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high
BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert
14.8.2024
The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble, Indian rupee, and Chinese yuan. He underscored...
Verofax Partners With Climate Tech Firm Netgreen to Power Global Reforestation Efforts
13.8.2024
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture...
Destiny 2 Pointers, How To Nab Fallout 76's Union Power Armor, And More Of The Week's Top Tips
10.8.2024
This week, we’ve got tips for you on how to make the most of attunement as it returns to Destiny 2, as well as how to nab Fallout 76's formidable Union Power Armor. We’ve also got a recommendation for The Order: 1886 which was much-maligned on release, tips about some sales you may want to take...
Spojují se dva čeští výrobci elektroniky, AMiT kupuje votickou firmu Top Power
9.8.2024
Na českém trhu došlo ke spojení firem zabývajících se elektronikou a automatizací. Pražská společnost AMiT, která vyrábí řídící systémy a elektroniku pro průmyslovou automatizaci, získala podnik Top Power, jenž se ve Voticích specializuje na výrobu, osazování, testování a montáž elektroniky
Debate rages over Bitcoin power law as critics label it a ‘magic trick’
9.8.2024
The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other
Debate rages over Bitcoin power law as critics label it a ‘magic trick’
9.8.2024
The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other
Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss
7.8.2024
According to one expert, bitcoin currently needs to trade above $55,000 for miners to break even and $94,000 for them to return to profitability levels seen before the halving. To compensate for the revenue loss caused by the halving of Bitcoin’s block reward, miners are resorting to mergers...
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...
How To Get Union Power Armor In Fallout 76
5.8.2024
Once you reach the end game of Fallout 76, you have a few options as to how you may spend your time. You can participate in public events, create an alternate character and start the leveling process over again, or start visiting other regions via Expeditions. The latter proves most lucrative...
Bill proposes to give Secret Service more power to pursue crypto crime
5.8.2024
Stronger threat assessments are needed to catch “seedy financial enterprises” facilitating money laundering schemes,” US Senator Charles Grassley said
Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
5.8.2024
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects...