Estonian court nixes extradition of accused crypto scammers to US
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions. Go to Source
mining
Auto Added by WPeMatico
Crypto miner Hive expands data center operations in Sweden
Hive Digital Technologies has acquired land and a data center to expand its operations in Sweden, house generation ASIC servers, and increase Bitcoin production. Go to Source
Celsius entity to focus only on mining under proposed reorganization plan
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky in July. Go to Source
70% of BTC dormant for a year — 5 things to know in Bitcoin this week
Bitcoin faces a slow grind after earlier brisk BTC price gains, but the ingredients for a sustained rally are there, market data suggests. Go to Source
AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder
While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train. Go to Source
Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push. Go to Source
Bitcoin miners earned $44M in a day to record annual all-time high
2023 saw an overall trend reversal as crypto entrepreneurs took charge of the situation and helped regain investor confidence. Go to Source
Understanding The 51% Attack In The Cryptocurrency Space
In cryptocurrency industry, security is a foremost concern and that’s why we will be discussing “51% Attack” today. While blockchain innovation offers a decentralized and carefully designed ledger, it’s not insusceptible to specific weaknesses. One such vulnerability is the feared “51% attack.” 🔵 Crypto Word Of The Day 🔵#51Attack pic.twitter.com/u4SAPEiPcY — CoinEcho (@mycoinecho) November 7, … Read more
Bitmain to start shipping new Bitcoin miner Antminer T21 in January 2024
Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH. Go to Source
Bitcoin price surge brings BTC-related stocks to new multi-week highs
MicroStrategy the largest Bitcoin-holding public company saw its unrealized gains on its BTC investment reach near the $1B mark as the company’s stocks gained nearly 9% on the day. Go to Source