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Argentinian Oil Producer Will Mine Crypto with Associated Gas
27.9.2023
Tecpetrol, a major Argentinian oil producer, has announced plans to mine crypto using associated gas.
The Buenos Aires-based firm explores and produces oil and gas in Argentina, as well as other LATAM countries like Venezuela, Bolivia, Ecuador, Mexico, Peru, and Colombia.
And per Rio Negro,...
Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other
26.9.2023
Mining marketplace Lumerin was released Tuesday on the Arbitrum network
Bitcoin gains legal recognition as digital currency in Shanghai China
26.9.2023
A similar report from another Chinese court earlier in September recognized cryptocurrencies as virtual properties protected by law
Marathon CEO Fred Thiel Warns About Fed Losing Its Weapons to Fight Inflation During Upcoming Period of Fiscal Dominance
26.9.2023
Fred Thiel, CEO of Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company, has warned about the future of the U.S. economy and the consequences of the Federal Reserve’s current monetary policy. Thiel noted the possibility of an upcoming period of fiscal dominance, in which...
Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil
25.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from seizure advances in Brazil, and the Chilean police...
Venezuelan Authorities Find Grenade Launchers, Bitcoin Miners, and Even a Zoo in a National Jail
25.9.2023
Venezuelan authorities found weapons of war, a discotheque, pools, a zoo, and even a makeshift Bitcoin mining farm in a raid completed on a national jail. The raid, executed in the Tocoron National Penitentiary Center, located in the Aragua state, mobilized 11,000 military officers to take control...
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
23.9.2023
Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS and Bitcoin miners shared their plans for boosting productivity via green energy
Venezuelan Police Raid Uncovers Bitcoin Mining Machines, Rocket Launchers In Prison
23.9.2023
The Venezuelan Police seized Bitcoin (BTC) mining hardware, rocket launchers and a ton of other items as it recaptured the Tocoron prison which has been under the control of inmates.
On Sept 21, the troops disclosed that alongside Bitcoin mining hardware, dangerous weapons such as machine...
Peak Mining Signs $150M Deal for Microbt Bitcoin Miners, Eyes Large-Scale Liquid-Cooling Tech
22.9.2023
According to Peak Mining, a subsidiary of Northern Data Group, the company has signed a contract with bitcoin mining rig manufacturer Microbt worth $150 million. This agreement will equip Peak Mining with 7 exahash per second (EH/s) of the latest next-generation BTC mining devices. Microbt...
16 Joules per Terahash: Bitmain Unveils High-Efficiency S21 Bitcoin Miners at Hong Kong Summit
22.9.2023
Bitmain, a leading bitcoin mining rig manufacturer, has introduced the newest addition to its Antminer products: the S21 series. The newest models have an efficiency rating under 20 joules per terahash (J/T) and produce between 200 terahash per second (TH/s) and 335 TH/s. Bitmain Launches 2...
Bitcoin mining can help reduce up to 8% of global emissions: Study
22.9.2023
The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs
22.9.2023
The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner
Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
22.9.2023
Bitcoin miner Core Scientific (CORZQ) has agreed to exchange $23.1 million in cash and $53.9 million in common stock for 27,000 Bitmain S19J XP 151 TH bitcoin mining servers, according to a press release
Bitmain to Invest $54 Million in Bankrupt Bitcoin Mining Company Core Scientific
22.9.2023
Digital asset miner Core Scientific announced a new partnership with Bitmain, a major player in the supply of Bitcoin mining and Artificial Intelligence (AI) computing hardware.
As part of the deal, Bitmain will invest $53.9 million in the company expanding their long-standing...
Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand
21.9.2023
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI). It also comes after Iris Energy reported...
Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration
21.9.2023
The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications, and data storage solutions
Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm
21.9.2023
The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in the modern global economy from within Bhutan.”...
Phishing victim sends eye-watering $4.5M in USDT to scammer
21.9.2023
On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange, before eventually arriving at an address purportedly owned by a scammer
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
21.9.2023
Bitcoin's hash rate has continued to increase and yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained
‘Lack of Finality’ — Single Mining Pool Commands 53% of Zcash’s Hashrate
20.9.2023
Recent data shows a single mining pool controls more than 53% of the hashrate for the cryptocurrency network Zcash. On September 19, 2023, the crypto mining pool Viabtc had 4.2 giga solutions per second (GSol/s) of Zcash’s total 7.84 GSol/s hashrate. Electric Coin Co., which oversees...