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Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
19.1.2022
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether...
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto
19.1.2022
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a better alternative store of value than cryptocurrencies. Better Inflation Hedge Mark Bristow, the...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
Another Solo Miner Wins 'Life-Changing' Sum, Rakes In USD 536K in Ethereum Block Reward
18.1.2022
Solo miners are off to a strong start this year. On Monday, a solo Ethereum (ETH) miner with an average hashrate capacity of 2.19 Giga hashes per second (GH/s) won a block race on the Ethereum blockchain and raked in a reward of ETH 168, currently worth just below USD 536,000. ...
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Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
18.1.2022
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State
'Insane Luck at Work' as Second Solo Bitcoin Miner Wins the Block Race in a Week
13.1.2022
Another solo Bitcoin (BTC) miner with a hashrate capacity of 116 terahashes per second (TH/s) has won a block race on the Bitcoin network, securing the block reward of BTC 6.25 plus a fee reward of BTC 0.018 -- cumulatively worth over USD 274,041 at current rates. ...
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‘1 in a billion’: Second tiny miner solves a block
13.1.2022
Each of the lucky miners will take home over $266k, as well as bragging rights to overcoming “one in several billion odds.”
Solo Bitcoin Miner With Only 126TH Secures USD 266,870 in Block Reward
12.1.2022
A solo Bitcoin (BTC) miner with a hashrate capacity of just 126 terahashes per second (TH/s) has managed to successfully add a new block to the Bitcoin network, securing the BTC 6.25 block reward, which is worth over USD 266,870 at the current price rates.
As per data by Blockchain.com,...
Tiny Bitcoin miner defies massive odds to solve a valid block
12.1.2022
Despite having a modest hashrate capacity of about 126 TH/s, the lucky miner won the crypto equivalent of the lottery and took home 6.25 BTC worth about $266,000
Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report
7.1.2022
The crypto community reportedly expects Kazakhstan’s internet and mining industry to return to normal by next Monday
Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News
3.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News
Spider-Man: No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns
27.12.2021
Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,”...
Chinese Courts Sentence Crypto Miner, Fraud Rings as Enforcement Continues
14.12.2021
Crypto mining and investment in most of their forms have been shunted to the margins of society in China, but in some parts of the country, appetite for mining coins remains high, to the extent that some seem prepared to steal electricity from the grid to fuel their efforts....
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Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner
9.12.2021
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s...
Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News
3.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News
Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables
3.12.2021
Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining...
Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin
27.11.2021
As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326...
'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev
19.11.2021
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge
Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger
18.11.2021
The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture
Bitcoin miner to go public on Nasdaq after $4B SPAC merger
18.11.2021
The newly merged corporation will retain its ticker symbol BSGA on the Nasdaq stock exchange. Jihan Wu will continue to lead the combined organization