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Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry
16.10.2022
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking...
Binance Announces $500 Million Funding for Bitcoin Mining
15.10.2022
Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan.
The ongoing bear market has had deep impacts on almost all industry participants, particularly miners. Amid rising fuel...
BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to ‘Stabilize Liquidity’
6.9.2022
The bitcoin (BTC) mining pool Poolin’s wallet arm – PoolinWallet – has announced that it will be “temporarily” suspending all withdrawals in a bid to “preserve assets and stabilize liquidity.” The pool blamed the issue on a spike in withdrawal requests....
Read More: BTC Mining Pool Poolin Suspends...
Silver Supply Crunch Predictions, FDIC Issues Cease and Desist Order to FTX US, and More — Bitcoin.com News Week in Review
28.8.2022
Morgan Report founder David Morgan foresees a supply crunch for silver, and says that in ten years’ time, it will be one of the best investments of the decade. One analyst, however, says if the precious metal falls below $18, it’s “very possible that we could see silver...
World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
21.8.2022
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches...
F2Pool co-founder responds to allegations it's cheating the Ethereum POW system
9.8.2022
The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
28.7.2022
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware...
Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner
9.12.2021
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s...
Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs
15.11.2021
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets...
Another Ethereum mining pool forced to close due to China crackdown
29.9.2021
Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture
Green energy-focused Bitcoin miner Hive joins North American mining pool
12.7.2021
Hive aims to take advantage of the east-to-west shift in Bitcoin mining power after regulators in China have renewed efforts to crack down on the industry
Bitcoin Taproot upgrade finally locked-in, activation set for November
12.6.2021
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November
Bitcoin miner Poolin immortalizes El Salvador's BTC adoption on the blockchain
9.6.2021
El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938
Marathon’s Bitcoin Mining Pool Will ‘No Longer Filter Transactions’ — Marapool Begins Signaling for Taproot
1.6.2021
On Monday, the publicly-listed enterprise mining firm Marathon Digital Holdings announced the company has adopted the latest codebase offered by Bitcoin Core developers that features Taproot. Marathon is now signaling for Taproot according to the announcement. The North American bitcoin miner...
Almost half of Bitcoin hash rate signaling for Taproot activation
4.5.2021
Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest crypto by market capitalization
Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners
24.4.2021
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer...
DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool
27.3.2021
The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. DMG Blockchain Solutions (TSX-V: DMGI)...
Hut 8 Joins Foundry’s US Mining Pool, Adds Over 14,000 Bitcoin Mining Rigs of Hashpower
23.3.2021
On Tuesday, the firm Hut 8 Mining Corp., announced that it is joining the Foundry U.S.-based mining pool. The publicly-listed mining company said that it added 14,400 machines to Foundry’s mining operation and it also plans to deploy another 5,000 miners by August. Hut 8 Joins Foundry’s...
Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com
17.2.2021
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool...
Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
14.1.2021
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents...