Amid the delisting and relisting process, Hut8 shareholders received 1 New Hut common stock for every Hut 8 share held, an official announcement confirmed.
Category: Bitcoin Mining
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Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on.
Estonian court nixes extradition of accused crypto scammers to US
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.
Jack Dorsey wants to decentralize Bitcoin mining with new investment
Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin.
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
Crypto miner Hive expands data center operations in Sweden
Hive Digital Technologies has acquired land and a data center to expand its operations in Sweden, house generation ASIC servers, and increase Bitcoin production.
Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push.
Bitcoin miners earned $44M in a day to record annual all-time high
2023 saw an overall trend reversal as crypto entrepreneurs took charge of the situation and helped regain investor confidence.
Marathon, Riot among most overvalued Bitcoin mining stocks: Report
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks.
Understanding The 51% Attack In The Cryptocurrency Space
In cryptocurrency industry, security is a foremost concern and that’s why we will be discussing “51% Attack” today. While blockchain innovation offers a decentralized and carefully designed ledger, it’s not insusceptible to specific weaknesses. One such vulnerability is the feared “51% attack.” 🔵 Crypto Word Of The Day 🔵#51Attack pic.twitter.com/u4SAPEiPcY — CoinEcho (@mycoinecho) November 7, 2023 What Is a 51% Attack? A 51% attack, otherwise called a majority attack, happens when a malevolent entity gains control over half of the network’s mining power or computational resources. In a proof-of-work blockchain, as Bitcoin, miners approve transactions and secure the network. On
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