Category: Mining

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UK Financial Giant’s Crypto Move, Solana’s Growth, Pudgy Penguins Get Physical + More News

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: UK Financial Giant’s Crypto Move, Solana’s Growth, Pudgy Penguins Get Physical + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Creditors Want to Pour Cold Water on Celsius’ Mined Bitcoin Sale Plans

Celsius creditors want to block the bankrupt crypto lender from selling mined bitcoin (BTC) reserves – and have labeled the firm’s CEO previous attempts to reassure them as “empty and false.” The company is filing for bankruptcy in New York, where the case is now being heard. But in a letter to the court, the…
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BTC mining stocks double in a month as production ramps

While Bitcoin and Ether prices may have climbed lately, Bitcoin mining companies have been absolutely pumping. Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability and sharp increases in Bitcoin (BTC) production. Crypto mining companies Marathon Digital Holdings at…
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Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the pace” of the bitcoin mining company’s U.S.…
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Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News

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: Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Blockchain’s environmental impact and how it can be used for carbon removal

Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment. Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space,…
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Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme

Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud Operators Kept 16% of Investors’ Funds for Themselves Amid intensified efforts to fight crypto-related…
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Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity

On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a 38% boost this quarter. Publicly-Listed Bitcoin Miner Cleanspark Expands Operations in Georgia…
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Business Exec’s Noisy Illegal Ethereum Mining Rigs Left Employees Sweltering in 40°C Furnace

A South Korean company executive at a major business group operated Ethereum (ETH) mining rigs “non-stop for three years” – using illegally sourced electricity. MBN reported that the unnamed executive was a faculty management chief for “one of the five biggest business groups” in the nation. South Korea’s biggest business groups, per Fair Trade Commission…
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Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News

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: Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card