SBI Crypto’s Bitcoin mining pool goes public
The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike. Go to Source Powered by WPeMatico
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Bitcoin mine heat-recycling firm MintGreen closes seed round led by CoinShares
Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining. Go to Source Powered by WPeMatico
BTC Miner Stresses: ‘Bitcoin is One of the Most Environment-Friendly Financial Networks’
While bitcoin has been gathering widespread attention with prices touching all-time highs, mainstream pundits have tried to attack the leading crypto asset for its energy consumption. It seems a new ‘bitcoin is bad for the environment’ editorial is published nearly every week by mainstream journalists, tech authors, and climate activists. This week a representative from … Read more
Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’
Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds of crime. Fund Manager Sees Bitcoin as a Vile … Read more
‘Existential threat’ to Bitcoin-investing companies from carbon fallout
Asset managers are warning industry giants like Tesla and PayPal that investing in energy-intensive assets like Bitcoin could diminish their popularity among investors. Go to Source Powered by WPeMatico
Bitmain accused of illegally poaching engineers by officials in Taiwan
Bitcoin miner maker Bitmain is reportedly in hot water in Taiwan amid the backdrop of the ongoing U.S.-China tech tussle. Go to Source Powered by WPeMatico
Argo Blockchain buys 320 acre land plot in Texas to expand mining operations
The acquisition will provide Argo with access to up to additional 200MW of cheap and renewable electrical power. Go to Source Powered by WPeMatico
Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel!
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme. Go to Source Powered by WPeMatico
$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation … Read more
Bitfury’s US Bitcoin mining subsidiary to go public via $2B SPAC merger
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings. Go to Source Powered by WPeMatico