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3232Crypto-Related Stocks Slide Amid Global Market Turmoil
https://www.digit.info/crypto-related-stocks-slide-amid-global-market-turmoil/
Mon, 05 Aug 2024 15:45:53 +0000https://www.digit.info/crypto-related-stocks-slide-amid-global-market-turmoil/Read more]]>U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%. This market turmoil has extended to crypto-related stocks such as Microstrategy’s MSTR and Coinbase’s COIN. The primary […]
]]>Chip Giant Intel Abandons Bitcoin ASIC Production
https://www.digit.info/chip-giant-intel-abandons-bitcoin-asic-production/
Wed, 19 Apr 2023 10:00:34 +0000https://www.digit.info/2023/04/19/chip-giant-intel-abandons-bitcoin-asic-production/Read more]]>After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 […]
]]>US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis
https://www.digit.info/us-lawmakers-press-bitcoin-mining-firms-on-energy-usage-carbon-emissions-climate-crisis/
Mon, 31 Jan 2022 23:49:40 +0000https://www.digit.info/2022/01/31/us-lawmakers-press-bitcoin-mining-firms-on-energy-usage-carbon-emissions-climate-crisis/Read more]]>Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work to tackle the climate crisis — not to mention the harmful impacts cryptomining has on […]
U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%. This market turmoil has extended to crypto-related stocks such as Microstrategy’s MSTR and Coinbase’s COIN. The primary […]
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After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 […]
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work to tackle the climate crisis — not to mention the harmful impacts cryptomining has on […]