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: Taiwan vs. Crypto, Uprise Might Compensate Some LUNA Losses + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
ERCOT reported that wind generation in Texas was “generating significantly less,” potentially leaving the state unable to meet energy demands during triple-digit temperatures. With many parts of Texas enduring days of temperatures well over 100 degrees Fahrenheit in July, many crypto miners have shuttered operations in anticipation of the state’s energy grid being unable to…
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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: Ethereum’s Step Towards PoS, Bitcoin Mining Difficulty, Binance’s BTC Trading Fee Move + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The sale left the firm with 1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31. United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 Bitcoin in June to pay for servers, increase its data capacity, and…
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At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first…
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The firm highlighted growth in hash rate, mining equipment sales, hosting revenue and digital asset mining income as key reasons for the improved performance. United States Bitcoin (BTC) mining firm Core Scientific has posted bullish 2021 fiscal year results compared with the year prior. Its revenue increased by 803% to $544.5 million and gross profit…
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On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts to “help shape the regulatory landscape for digital assets” in North America. Foundry Becomes a…
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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 mining operation, Foundry USA, has become the world’s largest bitcoin…
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