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Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
21.7.2023
This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto
The last Bitcoin: What will happen once all BTC are mined?
21.7.2023
According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins
Samsung’s 3nm GAA Chip Discovered in Microbt’s Next-Gen Bitcoin Mining Rig
20.7.2023
According to reports, the 3-nanometer (nm) Gate-All-Around (GAA) semiconductor from Samsung has been discovered in use after a year since its release. Until now, there were no confirmed applications of the technology. Techinsights found Samsung’s 3nm chip in the Whatsminer M56S++ bitcoin...
Bitcoin mining is becoming more environmentally friendly
19.7.2023
Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism
Cryptocurrency Insurer Evertas Acquires Bitcoin Mining Insurance Specialist Bitsure
19.7.2023
Evertas, the first digital asset insurance company has announced its acquisition of Bitsure, the first crypto mining insurance provider as it looks to expand its coverage in multiple jurisdictions.
The firm which ranks among the few to work with the Lloyd’s of London partnered with Bitsure last...
JP Baric, CEO of Miningstore, on Bitcoin Mining and Energy Usage | Ep. 248
18.7.2023
In an exclusive interview with cryptonews.com, JP Baric, Founder and CEO of Miningstore, talks about the benefits of bitcoin mining on the rural electric grid, energy usage and bitcoins inherent value, and transitioning from a debt-based monetary system to an energy-based system. ...
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Crypto Insurer Evertas Buys Bitcoin Mining Cover Specialist Bitsure
18.7.2023
Evertas has snagged the authority to offer mining policy limits of up to $200 million per location
Marathon shareholders file lawsuit against company's top management
18.7.2023
The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets
Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention
18.7.2023
The Venezuelan cryptocurrency ecosystem remains on shaky ground four months after the intervention of national crypto watchdog Sunacrip, and the arrest of its head, Joselit Ramirez, due to alleged participation in a $20 billion corruption scandal involving the undeclared sale of crude oil...
Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan
17.7.2023
The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
13.7.2023
The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving
Bitcoin Price Prediction: Government Transfers $300M Worth of Bitcoin, Mining Difficulty Hits All-Time High
13.7.2023
Bitcoin, the world's largest cryptocurrency, has recently seen a decrease in value, currently trading at $30,330, a drop of 1.07% as of Thursday.
With the government reportedly transferring approximately 10,000 Bitcoin, equivalent to over $300 million, investor sentiment seems to be affected. ...
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
13.7.2023
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
12.7.2023
In recent weeks BTC miners sent a record amount of Bitcoin to exchanges right as the network’s difficulty metric hit a new all-time high
Sue Ennis, VP at Hut 8, on Bitcoin, A.I Infrastructure, and Bitcoin Mining | Ep. 246
11.7.2023
In an exclusive interview with cryptonews.com, Sue Ennis, Vice President of Corporate Development and Investor Relations at Hut 8 Mining, talks about how A.I infrastructure is different from traditional data centers, the opportunity for miners in the data center space, and strategies & impact...
Mining Disrupt 2023: The world’s largest Bitcoin mining conference and expo is back in Miami
10.7.2023
With an incredible lineup of sponsors and exhibitors, it promises to be, once again, the go-to yearly event for the Mining Community. “What started as the Mining Disrupt telegram group for miners over six years ago turned into our first official trade show in 2019, and now, we are thrilled to...
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
Bitcoin Mining Is a Game of Survival, Consolidation and Potential AI Diversification: Bernstein
7.7.2023
Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said
Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall
6.7.2023
Bitcoin mining stocks have been on a triple-digit-tear in 2023, but an uptick in BTC sent to exchanges hints at waning momentum
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
6.7.2023
Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the location. Mawson Secures Pennsylvania Site, Deploys 2,600...