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Bitcoin Halving Is Poised to Unleash Darwinism on Miners
8.12.2023
Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say
Is Terra Luna Classic Going to Zero? LUNC Price Drops 3.5% as New Mining Protocol Secures $5 Million
8.12.2023
The LUNC price has dropped by 3.5% today, slipping to $0.00020204 as the cryptocurrency market as a whole gains by 1% in the past 24 hours. Despite this fallback, LUNC remains up by an impressive 74% in the past week and by 200% in the last 30 days, amid rising optimism surrounding Terra Luna...
UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt
8.12.2023
United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s “strategic foresight.” Microbt to Integrate...
Phoenix Group Acquires $380 Million Worth of Green Mining Equipment from WhatsMiner
8.12.2023
Source: Brian Wangenheim / Unsplash Phoenix Group, a United Arab Emirates Bitcoin mining firm, has disclosed a $380 million deal with WhatsMiner for hydro cooling mining equipment. On December 7, Bitcoin miner Phoenix Group announced that it had swiftly secured a $380 million hydro cooling hardware...
Is Sei Going to Zero? SEI Price Declines 10% as New Mining System Bags $5 Million in Crowdfunding Efforts
7.12.2023
Sei Logo / Source: Sei Website Digital asset trading focused layer-1 blockchain Sei (SEI) has seen its token price pull back over 12% in the past 24 hours. Sei, whose token debuted on major exchanges in August, was last trading just under $0.28 per token, down from the multi-month highs in...
Bitcoin Developer Luke Dashjr States Inscriptions Are Exploits, Hints at Future Fix
7.12.2023
Luke Dashjr, bitcoin developer and Mummolin’s CTO, has reiterated his negative opinion about Ordinal inscriptions, stating these leverage and exploit a vulnerability in the Bitcoin Core full node software implementation. Dashjr also hinted at correcting this “exploit” in...
Bitcoin Price Targets $50,000 as Crypto Bull Run Explodes And BTC Cloud Mining Token Bitcoin Minetrix Pumps to $5m
7.12.2023
  Wednesday, December 6th, 2023 – The Bitcoin price is powering higher to trade above $43,000, its highest level since April 2022, igniting a firestorm of interest in Bitcoin cloud-mining innovator Bitcoin Minetrix, which has raised $5 million from investors with more to come. Market watchers...
Early Bitcoin Miner Apparently Sent 1,000 ‘Satoshi Era’ BTC to Trading Desks This Week
7.12.2023
These bitcoin were mined at the very early stages of the network for an estimated $100, as per CryptoQuant
Jack Dorsey-Backed Bitcoin Mining Pool Refuses To Process Ordinals Transactions – What’s Going On?
7.12.2023
Jack Dorsey. Source: a video screenshot OCEAN – a newly launched Bitcoin (BTC) mining pool backed by Jack Dorsey – has updated its mining software to exclude Bitcoin ordinals transactions from the blocks that it generates. Ordinals is a protocol for issuing NFTs and alternative tokens on...
Best Crypto to Buy Now December 6 – Helium, Celestia, Avalanche
6.12.2023
HNT, TIA, and AVAX outperform the broader cryptocurrency market as investors hunt for the best crypto to buy now. Image by cryptonews.com. The HNT price is surging over 42% so far today, positioning Helium’s native token as one of the best crypto to buy now amid the network’s launch...
Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million
6.12.2023
DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation application-specific integrated circuit (ASIC) miners...
Is Terra Luna Classic Going to Zero? LUNC Price Falls 10% as Viral Mining Coin Surpasses $4.9 Million Milestone
6.12.2023
The LUNC price has dropped by 12% in the past 24 hours, with this steep fall coming on a day when the wider market has actually gained by a healthy 4.5%. LUNC’s dive comes after several days of strong rising, with its current price of $0.00020828 representing an enviable 73% gain in a week...
Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut
6.12.2023
Source: Adobe Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company announced Sunday, its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th. The event marked...
Best Crypto to Buy Now December 5 – Stacks, Conflux, Kucoin
5.12.2023
Kucoin, Stacks, and Conflux surge amid chatter over the best crypto to buy now. Image by cryptonews.com. The KCS price surge and enhanced staking features from KuCoin are spearheading discussions about the best crypto to buy now, alongside the impressive market performances of Stacks (STX)...
Is Pyth Network Going to Zero? PYTH Price Falls 6.9% and New Bitcoin Mining Protocol Reaches $4.8 Million
5.12.2023
Latest airdrop gainer Pyth Network is battling downside movements as PYTH price tumbles -6.9%, leaving some anxious bag-holders asking ‘Is Pyth Network Going to Zero?’. However, market sentiment remains bullish, with traders identifying the ongoing bounce out of the moving average...
Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut
5.12.2023
The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed
Minnesota Power Co-op Accuses Couple of Major Electricity Theft for Bitcoin Farm Operation
5.12.2023
In a case that intertwines crypto mining and utility theft, a Minnesota power company, North Star Electric Cooperative, has accused a former couple, Ryan Jaenicke and Tina Fehlhaber, of stealing vast amounts of electricity. The alleged scheme, detailed in a 19-page civil suit filed in Roseau County...
Riot Blockchain Buys 66,560 Bitcoin Mining Rigs in $290.5 Million Deal with MicroBT
5.12.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin miner Riot Blockchain has announced its purchase of 66,560 bitcoin mining rigs from MicroBT, marking one of the largest orders in the company’s history. Riot Blockchain is set to acquire 66,560 Bitcoin miners from manufacturer MicroBT in one...
Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s
5.12.2023
The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit (ASIC) miners, securing 66,560 units...
Is Celestia Going to Zero? TIA Price Pulls Back 5% as Bitcoin Mining Project Reaches $4.7 Million
4.12.2023
Despite a strong month by the new modular blockchain Celestia, TIA token price has tumbled -5% in pull back from resistance, but could this TIA alternative play offer better returns? This comes following the announcement that the TIA blockchain will integrate a layer-2 solution known as...