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The Crypto Sector’s Future: NuggetRush Merges P2E Gaming, Bitcoin Aims for $40,000
1.12.2023
TLDR Growing demand for Spot ETFs has pushed Bitcoin (BTC) near the $40,000 mark. NuggetRush has unveiled the first-ever play-to-earn adventure dedicated to artisanal mining. Eager investors have purchased over $700,000 worth of NUGX tokens. Bitcoin (BTC) bulls are eyeing the $40,000 mark...
Is Chainlink Going to Zero? LINK Price Struggles as New Mining Protocol Bitcoin Minetrix Secures $4.6 Million
1.12.2023
As Chainlink struggles to push up out of consolidation, LINK price is currently up +2.9%, but with market attention shifting to a new mining protocol – is Chainlink going to zero? This comes following a sensational breakout move by LINK price over the past two months, which has seen...
Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain
1.12.2023
The Australia-based and Nasdaq-listed Iris Energy recently announced the acquisition of 1.3 exahash per second (EH/s) capacity in Bitmain’s latest Antminer T21 models. This purchase boosts Iris Energy’s proprietary mining capacity to a notable 8.3 EH/s. Iris Energy Secures 1.3 EH/s...
Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
30.11.2023
The findings have an echo of De Vries' previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining
Jack Dorsey Leads $6.2 Million Seed Funding for OCEAN Bitcoin Mining Pool
30.11.2023
Mummolin launches decentralized bitcoin mining pool Ocean with backing from Jack Dorsey. Image by yuromanovich, Adobe Stock. Mummolin, a Bitcoin startup, has raised $6.2 million in seed funding to support the launch of Ocean, a new decentralized bitcoin mining pool. The funding round was led...
Antpool Offers Refund for $3 Million BTC Transaction Fee, Sets Verification Deadline for Claimant
30.11.2023
Following a claim from an individual asserting they had lost 139 bitcoin in a hack, where 83.65 BTC was utilized as a heightened fee to expedite its mining, Antpool has disclosed its readiness to reimburse the mistakenly paid fee. Antpool specified on November 30 that the individual has a deadline...
Bitcoin Miner AntPool to Refund Record $3M BTC Transaction Fee
30.11.2023
AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership
Estonian court nixes extradition of accused crypto scammers to US
29.11.2023
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions
Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment
29.11.2023
On Wednesday, Northern Data Group, headquartered in Frankfurt and specializing in bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a significant acquisition of about 8,200 Nvidia H100 Tensor Core Graphics Processing Units (GPUs). These newly acquired units will complement...
Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup
29.11.2023
The startup said it created "only non-custodial" mining pool where miners get the new bitcoin block reward for mining directly from the network
Today in Crypto: Toniq Launches ‘First Ordinals-Specific NFT Marketplace Built on Bitcoin L2’, Neobank Brighty Reveals European B2B Platform Brighty Business
29.11.2023
Source: AdobeStock / sipgus Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ NFT news Toniq, a company building professional tools and services on the decentralized web, today announced the launch...
Jack Dorsey wants to decentralize Bitcoin mining with new investment
29.11.2023
Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin
‘Stagnant’ BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc’s Revenues in Q3
29.11.2023
Canaan Inc, the crypto miner and mining rig producer, said the company’s overall revenue in Q3 stood at $33.3 million or some $40 million lower than the Q2 revenue. According to the company’s CEO, stagnant bitcoin prices and rate hikes by the U.S. Federal Reserve were some of the...
How can NFTs transform daily life?
29.11.2023
By now, hearing "NFT” in any context evokes some sort of reaction — good or bad
Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load Systems
28.11.2023
A recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting worldwide clean energy efforts and stabilizing electricity grids. This paper probes into the utility of mining as a flexible and versatile instrument...
Crypto Miner Manufacturer Caanan Reports 48% Drop in Sales – What’s Going On?
28.11.2023
Source: Adobe / Photocreo Bednarek Canaan – a China-based Bitcoin (BTC) ASIC manufacturer and operator – lost nearly half its revenue from mining machine sales last quarter, according to its Q3 earnings. Released on Tuesday, the firm’s financial results showed just $33 million in revenue for...
Bitcoin mining firm Phoenix Group delays share listing
28.11.2023
Due to UAE's National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023
Is Pyth Network Going to Zero? PYTH Price Drops 10% Overnight as New Mining Protocol Steals the Limelight
28.11.2023
As airdrop tokens dominate market activity, Pyth Network’s decentralized oracle token $PYTH price dropped -10% overnight, leading some concerned airdrop participants asking ‘is Pyth Network going to zer0?’. This comes amid broader market interest in airdrops following...
Crypto Advocates Mention Bitcoin Mining as a “Critical Tool” for Clean Energy and Balancing Grid
28.11.2023
Source: AdobeStock / Photocreo Bednarek A number of crypto advocates have emphasized the significance of Bitcoin (BTC) mining as a “critical tool” for clean energy usage and grid balancing. In a recently published working paper titled “Leveraging Bitcoin Miners as Flexible Load...
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
28.11.2023
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet