Crypto miner explains how Bitcoin mining stabilizes grids
Hut 8 CEO, Jaime Leverton explains how Bitcoin mining can stabilize grids, create jobs and generate tax revenues in an exclusive Davos interview. Go to Source Powered by WPeMatico
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SEC leaked crypto miners’ personal information during investigation: Report
The financial regulator reportedly unintentionally included 650 names and email addresses in communications with blockchain firm Green as part of an investigation. Go to Source Powered by WPeMatico
Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months
Global and U.S. economic data and a few BTC derivatives-related metrics could determine whether Bitcoin retests the $20,000 level in the short-term. Go to Source Powered by WPeMatico
Crypto mining stocks surge to yearly highs after Bitcoin bounces back
The surge in crypto mining stocks came as a relief for the industry after a crippling last year, where in public crypto miners incurred $4 billion in liabilities. Go to Source Powered by WPeMatico
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion hashes, or attempts, to find a valid bitcoin block reward and add it to the blockchain. 2023’s First … Read more
New York sued by environmental group after approval of crypto mining facility: Report
The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost. Go to Source Powered by WPeMatico
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
Local stakeholders believe that a crypto mining moratorium might actually mean the beginning of a new dialogue between the government and the industry. Go to Source Powered by WPeMatico
Bitfarms seeks to modify loan facility with BlockFi as bear market drags on
“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas. Go to Source Powered by WPeMatico
Celsius’ mining arm announces $1.3M sale of equipment
According to Celsius, Touzi Capital made the best offer for the mining rigs following discussions with “several brokers and market participants”. Go to Source Powered by WPeMatico
Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten. Go to Source Powered by WPeMatico
