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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...
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
4.7.2021
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin...
Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
3.7.2021
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From...
Bitcoin Mining Council survey estimates a 56% sustainable power mix in Q2
2.7.2021
According to the Bitcoin Mining Council, the global Bitcoin mining industry now uses 56% sustainable energy
Shanghai Man: Fight crypto like COVID-19 urges Global Times, hydro power plants popular ...
2.7.2021
The country celebrates 100 years of Communist Party rule, pressure may be released as the economy goes back to status quo, Beijing subway now trialing e-CNY
Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
1.7.2021
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. Coin Miners in Kazakhstan to Pay Extra...
Saito & Elrond Network Partner to Power Web Apps and Games
30.6.2021
Elrond network recently announced entering a partnership with Saito, the open network used to deliver web3 globally. The partnership will help developers use tokens acceptable on Elrond (like eGold) in web games and apps running on Saito’s P2P network. With the collaboration, both ventures will...
Relite Finance Now on Reef Chain to Power Cross-Chain Liquidity
30.6.2021
To grow its ecosystem, Reef Finance is soon going to integrate Relite Finance into its network. The official announcement in this regard has just been made by Reef Finance. The primary benefit of this integration will manifest in terms of wider access to facilities that users of Reef Finance will...
PORT: Harnessing Sustainable Power for Cloud and Volunteer Computing
30.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain.
28th June 2021, Düsseldorf, Germany - The demand...
As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
28.6.2021
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling...
PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
28.6.2021
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate....
As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return
22.6.2021
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline...
Bitcoin hashrate hits 8-month low as Chinese miners power down
21.6.2021
Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop
Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’
18.6.2021
Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. Miami’s Mayor...
Miami mayor offers city's clean nuclear power to Chinese Bitcoin miners
18.6.2021
Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply
The Best Metroid: Dread Reaction Is a Metroid Cosplayer One
18.6.2021
To get ready for Nintendo’s E3 presentation, you might have poured yourself a beverage, grabbed a snack, and got comfy. Cosplayer Bonbon, it seems, donned a Varia Power Suit.Read more
Yield Guild Games Raises $4 Million to Power Its Play-to-Earn Proposal
17.6.2021
Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round. The funding round was led by Bitkraft, a venture capital company specializing in e-sports investments. Other blockchain and crypto-related companies also participated....
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
16.6.2021
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. Over...
Crypto miners eye cheap power in Texas, but fears aired over impact on the grid
16.6.2021
Miners dislocated by China’s crackdown are looking to Texas for cheap electricity, but the state’s grid is already on the brink of disaster amid a sweltering summer