Crypto exchange KuCoin has announced that it will suspend its mining pool services on August 15, 2023.
Bitcoin Miners Totally Unfazed Bitcoin miners seem to be entirely unaffected by the recent tumult in the crypto market. As spotted by prominent Bitcoiner Hodlonaut, the hash rate of the popular network recently set a fresh all-time high for the umpteenth time over the past few months. So, despite the...
USDT issuer Tether has invested in El Salvador's $1 billion Volcano Energy, paving the way for developing one of the world's largest Bitcoin mining farms powered by renewable energy.
In brief: Tipping in cryptocurrency has long been used to express gratitude on social media platforms such as Reddit, Twitter and Telegram. The team at Zilliqa launched a tipping bot allowing users of Telegram to tip each other in ZIL. The messaging platform reached a new milestone of 400 Million...
Summary: Bitcoin miners sold an estimated 14,600 BTC in June. This amount was a 400% increment from May. Continuous selling of BTC by Bitcoin miners is hinting at capitulation. According to JP Morgan, Bitcoin production cost could have dropped to $13k, signaling possible more pain for BTC in the crypto...
The SEC reportedly subpoenaed Marathon Digital Holdings last month in relation with the Bitcoin mining giant’s data center facility based in Hardin, Montana.
Crypto Mining Crackdown in Inner Mongolia Reports from China-centric crypto news outlet ChainNews have suggested that Inner Mongolia, an autonomous region of China, is looking to curb Bitcoin mining and similar industries in the region. The article spotted by Dovey Wan, a prominent venture capitalist based in China, states that...
With ever-increasing hashrates and mining difficulty, the power consumption of cryptocurrency mining is set only to climb higher. Ever since the price of Bitcoin surged in 2017, media attention turned to cryptocurrency mining’s energy consumption and the consequential environmental footprint. In a world becoming ever more dedicated to stopping climate...
In brief: Earth Day was celebrated on the 22nd of April. Global pollution levels have dropped drastically due to lockdowns to curb the spread of COVID19. The team at Ripple highlighted the efficiency of XRP. Yesterday, April 22nd, was the 50th Earth Day celebration. Previous events have been celebrated by...
Interview with Alex Karasulu, chief executive and founder of OptDyn, the company behind the Subutai Blockchain Router and Subutai PeerOS Alex has a 25-year background in the open source software community and is renowned for his original authorship of the Apache Directory Server, used by IBM for its Rational Directory...
The bitcoin mining industry in Texas remains undeterred amid growing concerns over the industry's rising power consumption. Power consumed by bitcoin miners went up 75% last year.
Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto...