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Venezuela's Cryptocurrency Mining Ban Damages Industry Maduro Once Supported
22.6.2023
Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported.
Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed...
CleanSpark Spends $9.3 Million on New Bitcoin Mining Facilities to Accommodate 6,000 Miners – Is Bitcoin Mining Still Profitable?
22.6.2023
Bitcoin (BTC) mining firm CleanSpark is expanding its operations with the acquisition of two Bitcoin mining sites in Dalton, Georgia, for $9.3 million.
The facilities will accommodate over 6,000 Bitcoin mining machines, including the latest generation Antminer S19 XP and S19j Pro+ units....
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Valkyrie Funds Joins Race for SEC Approval as It Files Application for Spot Bitcoin ETF
22.6.2023
On Wednesday, Valkyrie Funds, a Tennessee-based asset manager offering a bitcoin futures exchange-traded fund (ETF), a defi fund, and a bitcoin mining industry ETF, filed with the U.S. Securities and Exchange Commission (SEC) for the launch of a spot bitcoin ETF. SEC Flooded With Spot Bitcoin...
Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal
22.6.2023
Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase Cleanspark’s current operations by just...
Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand
21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI.
The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...
CleanSpark buys two Bitcoin mining campuses for $9.3M
21.6.2023
Bitcoin miner CleanSpark entered into a definitive agreement to purchase two turnkey mining campuses in the U.S. state of Georgia
Bitcoin Miner CleanSpark to Buy 2 Georgia Facilities for $9.3M
21.6.2023
The new facilities are expected to add just under 1 EH/s to Nasdaq-listed CleanSpark's hashrate
Bitcoin miner Core Scientific files its Chapter 11 plan
21.6.2023
The bankruptcy plan explained that on the effective date of the bankruptcy plan, holders of allowed DIP claims will receive full and final satisfaction of their claims
Bitcoin June 2024 Expiry Futures and Options in High Demand Due to Halving: Deribit
21.6.2023
The Panama-based exchange will launch the June 2024 bitcoin futures and options contracts on Thursday at 08:00 UTC
Ukrainian Investigators Find ‘Illegal Crypto Mining Farm’ at State-run Firm
21.6.2023
Ukraine’s State Bureau of Investigation says it has uncovered an illegal crypto mining farm in a state-owned enterprise in the Western region of Lviv.
In an official post, the bureau (SBI) said that the farm was being run by managers of a branch of the state-owned company Forests of Ukraine...
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
20.6.2023
Miners are increasingly looking to fill data center space with AI and cloud computing
The Evolution of Investor Portfolios with Rollman Mining: Embracing Cryptocurrencies for Optimal Diversification
20.6.2023
PRESS RELEASE. Tallinn, 20th June 2023 – Rollman Mining, as the financial landscape continues to evolve, investor portfolios must adapt to changing times. The rise of cryptocurrencies has captured the attention of financial experts and media outlets who suggest that allocating a portion...
Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding
20.6.2023
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year
Bitcoin ‘Permabull’ Max Keiser: ‘El Salvador Will Be Debt Free by 2030 With Bitcoin’
20.6.2023
Max Keiser, international journalist and chairman of mining company Volcano Energy, has pondered on the importance bitcoin adoption will have for El Salvador in the future. According to Keiser, thanks to bitcoin, El Salvador will be debt free by 2030, as the bitcoin price comes close to one million...
Russia’s Ministry of Energy Pushes to Legalize Crypto Mining
20.6.2023
Russia’s Ministry of Energy is pushing for the legalization of industrial crypto mining, and wants lawmakers to press ahead with a much-anticipated mining-related bill.
Per the Russian news agency Tass, the ministry made the comments at the weekend, during the St. Petersburg International Economic...
Bitcoin Network Gears Up for Fourth Surge in Mining Difficulty Amid Record Highs and Unwavering Miners
19.6.2023
The Bitcoin network has witnessed a consecutive surge in mining difficulty during the past three retargets, and now a fourth increase is slated for June 27, 2023. The block generation time, averaging less than ten minutes, indicates that the difficulty is projected to climb by an estimated 2.1%...
Buying Bitcoin is preferable to BTC mining in most circumstances — Analysis
15.6.2023
Data suggests that investors are better off buying spot Bitcoin then attempting to mine it, unless the market is in a mega bull run
Here’s how hackers are using mining pools as mixers: Chainalysis
15.6.2023
A wallet linked to ransomware attacks funneled funds through a mining pool to make it seem like the digital assets were earned through mining
Mining Pools Are the New Mixers For Cybercriminals: Chainalysis
15.6.2023
Hackers have a new way to recycle their ill-gotten crypto gains
How to make extra cash at home with FancyCrypto Cloud Mining?
15.6.2023
The cloud mining of the cryptocurrency landscape has motivated many to earn extra cash from the comfort of their homes. Cloud mining enables all investors to generate a passive income with a simple internet connection and minimal investment. However, the key is to find a reliable platform before...