Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining
Crypto allies dominate the list of witnesses slated to appear before the House Committee on Energy and Commerce. Go to Source Powered by WPeMatico
Bitcoin Mining
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Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State. Go to Source Powered by WPeMatico
Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing … Read more
Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need for a Future That … Read more
Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system
Bitcoin hash rate hits new all-time highs as Jack Dorsey tweets that Block is “officially building an open Bitcoin mining system.” Go to Source Powered by WPeMatico
Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report
In a jampacked report on digital assets, Fidelity asset management theorizes that miner movements indicate the Bitcoin cycle has a lot more room to run. Go to Source Powered by WPeMatico
Bitcoin Mining Firm Luxor Launches ASIC Trading Desk
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.” NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service … Read more
Don’t mention ‘K’ country: Bitcoin Magazine’s YouTube restored after ban
After Bitcoin Magazine’s YouTube channel was temporarily shut down without prior warning, the livestream’s hosts suggested that mentions of “Kazakhstan” may have been flagged by the platform’s algorithm. Go to Source Powered by WPeMatico
Morocco is number one for Bitcoin trading in North Africa
The Kingdom of Morocco is the leader for Bitcoin trading across North Africa in 2021— despite its illegal status. Go to Source Powered by WPeMatico
Block job postings reveal Jack Dorsey’s Bitcoin plans
Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022. Go to Source Powered by WPeMatico