Chinese regulators unite forces to crack down on crypto
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto. Go to Source Powered by WPeMatico
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Golem releases laptop app to mine Ethereum … but turning a profit is tricky
Mining Ethereum on a home PC can be done, but profits will be few and far between. Go to Source Powered by WPeMatico
Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023
On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round and one of the firm’s co-founders has joined Genesis’s board of directors. Genesis Digital Assets to Bolster Bitcoin Mining Operations in the US and Nordics … Read more
One River Digital raises $41M from Goldman Sachs and Coinbase
One River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts. Go to Source Powered by WPeMatico
Ohio to host BIT Mining’s new 85 MW Bitcoin mining facility
BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio. Go to Source Powered by WPeMatico
Bitcoin mining difficulty surges 31% since July
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. Go to Source Powered by WPeMatico
Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians … Read more
Bitcoin miner Genesis Digital Assets raises $431M
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. Go to Source Powered by WPeMatico
Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade. Go to Source Powered by WPeMatico
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown hashrate has subsided a great deal as … Read more