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4-Day $3.77 Billion Boost in Meme Coin Sector Led by PEPE, WIF, and BONK
27.2.2024
In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours. In the span of the last four days, the meme token economy has expanded by $3.77 billion, with tokens such as pepe (PEPE) and corgiai (CORGIAI) achieving gains in the double digits....
Economist Peter Schiff Says Gold Price Not Rising Fast Enough, Condemns Civil Ruling Against Donald Trump
27.2.2024
Peter Schiff, a U.S. economist and gold advocate, has attributed the lacklustre performance of gold mining companies to the rising inflation rate, which contrasts with a largely static gold price. Schiff maintains that the U.S. inflation rate would have been even higher if the U.S. Federal Reserve...
Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike
26.2.2024
Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to...
Is It Too Late to Buy Worldcoin? WLD Price Soars 16% as New Bitcoin Mining Protocol Secures $11.4M
26.2.2024
An AI narrative has been ignited in the crypto market after OpenAI shocked the globe with Sora AI, a text-to-video generation tool. Now, Sam Altman’s crypto project Worldcoin has ripped +16%, but can WLD price analysis reveal whether it is too late to buy Worldcoin? This article will provide...
Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
New crypto mining sensation BlockDAG coin expected to surge 5000x, leaving XLM and ADA in the dust!
26.2.2024
Stellar Lumens (XLM) grapples with a challenging start to 2024. Despite hopes for a positive shift in its price trajectory, the coin has instead faced a 9% decline in value. This downturn contrasts with the innovative strides made by other cryptocurrencies like Cardano (ADA), which focuses...
Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report
26.2.2024
In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in the broader crypto economy, potential decreases in onchain transaction fees, and the anticipated bitcoin halving event...
Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation
24.2.2024
Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put a temporary hold on its bitcoin mining survey and quarantined the data...
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
23.2.2024
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint the precise date—given the average...
Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals
23.2.2024
Bitcoin mining operation Riot Platforms made over $280 million last year alone, the company's 2023 annual report released Thursday, February 22, reveals.
The post Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals appeared first on Cryptonews
Satoshi Anticipated Bitcoin Energy Debate in Email Thread With Early Collaborators
23.2.2024
Satoshi saw an irony in the debate between economic conservation and conservation in an email thread with an early collaborator Martii 'Sirius' Malmi
Is It Too Late to Buy WorldCoin? WLD Price Surges as Innovative Mining Protocol Democratizes Cloud Mining
23.2.2024
In a major move for Sam Altman’s crypto project, Worldcoin, WLD price has surged amid market excitement over OpenAI’s AI-powered video generation service Sora. This article will provide an analysis of WLD’s current price trends and look to see whether a newer project, BTCMTX, represents...
Riot and Texas Blockchain Council Challenge US Government’s Bitcoin Mining Data Request in Court
23.2.2024
The publicly listed mining firm Riot Platforms and the Texas Blockchain Council have initiated legal proceedings against the U.S. Department of Energy (DOE) and other federal entities, aiming to obstruct what they deem an unauthorized data collection effort targeting the bitcoin mining industry....
Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes OMB’s Abuse of Power
23.2.2024
United States lawmaker Tom Emmer has criticized the Office of Management and Budget’s (OMB) decision to approve the Energy Information Administration (EIA) request to collect data on Bitcoin (BTC) mining firms.
The post Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes...
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over 'Emergency' Survey
23.2.2024
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot
Bitcoin Mining Firm Riot Rakes in Record $281M in Revenues in 2023, Producing 6,626 BTC
23.2.2024
Bitcoin mining firm Riot Platforms has achieved record-breaking results in 2023, with total revenues reaching an all-time high of $281 million.
The post Bitcoin Mining Firm Riot Rakes in Record $281M in Revenues in 2023, Producing 6,626 BTC appeared first on Cryptonews
Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin Mining Data Order
23.2.2024
The Texas Blockchain Council and crypto miner Riot Platforms sued the US Energy Information Administration on Wednesday, accusing the agency of making unlawful data collection demands from the Bitcoin mining sector.
The post Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin...
Lumerin Announces New Integration With Portal DEX for Decentralized Bitcoin Mining and Cross-Chain Hashpower Trading
22.2.2024
PRESS RELEASE. CHICAGO – Feb 22, 2024 – Lumerin, a decentralized Hashpower Marketplace built on Arbitrum that has built technology to make Bitcoin hashrate a liquid asset allowing for global access to peer-to-peer, decentralized hashrate trading, today announced a new integration with...
Why Finland Could be Europe’s Next Crypto Mining Giant
22.2.2024
Finland is emerging fast as an attractive place for crypto mining due to its relatively cool climate, which helps with cooling mining rigs, and its abundant renewable energy sources.
The post Why Finland Could be Europe’s Next Crypto Mining Giant appeared first on Cryptonews
New Steam Hit Mixes Vampire Survivors With Mining And Guns
21.2.2024
Vampire Survivors might not be the first auto-shoot-’em-up ever made, but it has certainly become the blueprint many clones and imitators have followed since its launch in 2021. One game in that mold, Deep Rock Galactic Survival, takes that basic formula and does something different, adding mining...