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TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility
7.3.2023
Bitcoin mining company TeraWulf has fired up a new “behind the meter” mining facility powered by 100% nuclear power in Pennsylvania
SEC accuses Utah firm of 'fraudulent' $18M crypto mining scheme
7.3.2023
The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit
Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations
6.3.2023
Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the company, approximately 1 exahash per second (EH/s) or close to 8,000...
SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam
6.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed suit against Green United, alleging that the Utah-based company violated federal securities laws by selling $18 million worth of phony crypto mining equipment
Bitcoin Mining Is Good for the Energy Grid and Good for the Environment
6.3.2023
Bitcoin mining should be hailed as an effective tool for a lower emissions future, not demonized as monkey wrench in the works
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit
6.3.2023
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate...
TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000K Rigs at Nautilus Facility
6.3.2023
The miner expects its power cost to drop to $0.02/kWh when the nuclear site is fully operational
Bitcoin Miners Prepare for Upcoming Difficulty Increase in the Face of Market Uncertainty
6.3.2023
Bitcoin (BTC) miners are preparing for another difficulty adjustment this week, as the computational power required to mine new coins reaches its highest level ever.
The next difficulty adjustment, which is expected to occur on Friday March 10, will take the difficulty level from 43.05 T to 44.46...
US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme
6.3.2023
A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the miners and miner-hosting services they had purchased from him,” according to...
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty
5.3.2023
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set...
US Legislators Call for Greater Transparency on Crypto Mining Emissions – Regulation Incoming?
4.3.2023
US lawmakers have expressed intentions to reintroduce a bill that would require crypto mining companies to disclose emissions data for operations that use more than five megawatts of electrical power.
On Friday, United States Senator Edward Markey and Representative Jared...
Senators renew call for EPA investigation of crypto mining emissions data
3.3.2023
Sen. Edward Markey and Rep. Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact
U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
3.3.2023
U.S. Senator Edward Markey (D-Mass.) and Rep. Jared Huffman (D-Calif.) reintroduced a bill that would have crypto miners disclose their emissions and see the Environmental Protection Agency analyze the effect mining has
Russia Unveils Mutual Fund for Financing Crypto Mining Operations
3.3.2023
A Russian company has unveiled a new fund intended to finance crypto mining operations in the country.
The new mutual investment fund will be available to qualified investors who can invest a minimum of 300,000 rubles (approx. $4,000), and the money will be used to acquire crypto mining equipment...
Investment Fund Focused on Crypto Mining to Be Created in Russia
3.3.2023
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining...
Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February
2.3.2023
The miner sold its mined bitcoin for the second time this year
US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers
2.3.2023
A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta's failure to stop harmful ads aimed at young adults
Bitcoin Miner Riot Delays 10-K Filing Due to Impairment Calculation Issues
2.3.2023
The delay follows a similar move earlier this week by Marathon Digital on similar grounds
Advisors: Learn Crypto, or Your Clients Will
2.3.2023
The disconnect between financial advisors and their clients around crypto has become increasingly apparent, given that 37% of advisors personally invested in crypto compared to 83% of their clients that have, according to one 2023 survey
Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter
2.3.2023
After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet