Bookmarking Crypto Insights
Auto Added by WPeMatico
Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms will purchase the energy directly from this private power … Read more
While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the competition. A relatively unknown integrated technology firm called AGM Group Holdings has seen a lot of ASIC sales and partnerships in recent times. A Relatively … Read more
The country’s legislature has passed a law that would impose financial monitoring on crypto platforms. Go to Source Powered by WPeMatico
CEO Peter Wall has cited Texas’ cheap renewable energy as well as its openness to innovation in new technologies as part of the reason for the construction of the data center. Go to Source Powered by WPeMatico
PrimeBlock’s CEO was involved in the $98 billion direct listing for Coinbase that Goldman Sachs was leading. Go to Source Powered by WPeMatico
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation … Read more
The mining firm said it expects its fleet of 133,000 miners to produce a hash rate of roughly 13.3 EH/s by 2023. Go to Source Powered by WPeMatico
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system is well-protected from such consumers. Large-Scale Illegal Mining Operation Uncovered in Central Ukraine The Security … Read more
Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic. Go to Source Powered by WPeMatico
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were … Read more
