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KuCoin Crypto Exchange Ceases Bitcoin and Litecoin Mining Pool Services – What's Going On?
3.8.2023
Cryptocurrency exchange KuCoin has announced that it will be temporarily suspending its Bitcoin (BTC) and Litecoin (LTC) mining pools until further notice.
In a Wednesday blog post, KuCoin said the decision will be effective starting from August 15.
The exchange said the move is part of...
BlackBerry reveals top crypto-focused malware amid rising cyberthreats
3.8.2023
When it comes to Blackberry’s list of the most prevalent malware families, SmokeLoader, RaccoonStealer (also known as RecordBreaker) and Vidar top the charts
KPMG Study Highlights Bitcoin Mining’s Potential to Shrink Carbon Footprints
3.8.2023
In a fresh analysis focusing on Bitcoin and its alignment with environmental, social, and governance (ESG) principles, the ‘Big Four’ accounting titan KPMG delves into the digital currency’s promising contributions to this movement. The professional services entity highlights...
KPMG touts ESG benefits from Bitcoin, counters misperceptions in new report
3.8.2023
The report compares Bitcoin energy usage to that of clothes dryers (equal) and its emissions to those of manure (much less) in a slight but readable document
Why You Should Care About Litecoin: It's the Backbone of Dogecoin
2.8.2023
Litecoin, a blockchain cloned from Bitcoin in 2011 that underwent a key milestone on Wednesday known as a “halving,” provides network security to Dogecoin via a process called “merged mining.”
KuCoin suspends Bitcoin and Litecoin mining pools
2.8.2023
"We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange wrote
Genesis Digital Assets Announces Expansion of Bitcoin Mining in South Carolina
2.8.2023
Major Bitcoin mining company Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina, USA, which has "abundant and clean energy sources."
The facilities are located in the Western region of the southeastern state, said the press release.
All three...
Bitcoin Miner Genesis Digital Assets Opens 3 New Data Centers in South Carolina
2.8.2023
Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United States, where its data centers now account for over 2%...
RFK Jr. Defends Bitcoin, Denounces Climate Concerns as 'Smokescreen' to Limit Freedom
1.8.2023
Presidential Candidate Robert F. Kennedy (RFK) Jr. defends Bitcoin against environmental impact criticisms, asserting that opponents use it as a smokescreen to limit financial freedom.
On July 31, RFK responded to Sangha Systems director Daniel Feldman's recent Twitter thread discussing...
Bitcoin Mining in July: $844.56 Million in Revenue, Dominance of Top Pools, and Fluctuating Difficulty Levels
1.8.2023
As per the data compiled for the month of July, bitcoin miners discovered a total of 4,366 blocks, collectively accruing approximately $844.56 million in block rewards and fees. This figure marks an estimated increase of $60.8 million from the previous month. July’s Bitcoin Mining Landscape:...
Genesis Digital Assets opens three new facilities in South Carolina in US expansion
1.8.2023
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas
Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto Must be Reported, Justin Sun Announces Tron-Curve Partnership and Buys $3M Worth of CRV for $2M
1.8.2023
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: Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto...
Bitcoin mining update: Stocks cool off, miners send BTC to exchanges to prep for halving
31.7.2023
Bitcoin miners make moves in preparation for the BTC block reward halving, which is scheduled for April 2024
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
31.7.2023
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each...
Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage for $156,000 in Crypto, Binance Can Operate in Dubai But Not in Nigeria
31.7.2023
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: Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage...
Crypto Mining Hardware Retailer Phoenix Technology Considers Public Listing in UAE
31.7.2023
Leading cryptocurrency mining hardware provider, Phoenix Technology, based in the United Arab Emirates (UAE), is reportedly in preliminary discussions to conduct an initial public offering (IPO) in the country.
As per anonymous sources cited in a Bloomberg report, the discussions are ongoing,...
Borneo authorities seize illegal crypto miners running off stolen power
31.7.2023
A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo
Crypto Mining Crackdown in Malaysia: Sarawak Police and Energy Plant Dismantle Illegal Mining Operation
31.7.2023
A covert cryptocurrency mining operation, suspected of electricity theft, was uncovered in a Marina Square shophouse in Miri, Malaysia. Representatives from the Sarawak police and Sarawak Energy plant revealed that the successful operation was made possible by a tip-off from the public....
$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan
31.7.2023
Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...
‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining
28.7.2023
An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining