Digital Currency Group’s subsidiary and crypto mining firm Foundry Digital plans to acquire two turnkey crypto mining facilities in the United States from the embattled Bitcoin miner Compute North. In the latest press release, Foundry also said it would also acquire other assets in addition to an option to buy a third facility that is under development from the computing infrastructure company. Acquisition Details Foundry will buy Compute North’s North Sioux City, SD, and Big...
Read More »Litecoin-Preis: Litecoin hebt ab!
Schönes Wetter in Sachen Leitcoin-Preis: +37 Prozent in den letzten 7 Tagen! Was ist bloss mit dem Litecoin-Preis los? Während alle anderen digitalen Währungen wie Bitcoin in den Keller sausten, hob der Litecoin ab. Satte 37 Prozent im Plus, und dies alleine in den letzten sieben Tagen. Damit hat Litecoin alle aneren Coins um Welten geschlagen. Doch warum ist das so? Bei Litecoin geht es ab wie in einem Skigebiet an einem Sonntag bei strahlend...
Read More »Beyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets
The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country. The ruling body is also one step closer to issuing blockchain bonds that could aid the development of certain BTC endeavors in the Central American nation. The bear market has not changed the pro-bitcoin stance of President Nayib Bukele. He disclosed last week that El Salvador will purchase one...
Read More »Bitcoin Mining Firm Core Scientific Lost $1.7 Billion in 2022
Public-traded Bitcoin mining company Core Scientific has lost about $1.7 billion since the start of the year, according to its quarterly report filed with the United States Securities and Exchange Commission (SEC) on Tuesday. The filing shows that the firm recorded its second consecutive quarterly loss at the end of Q3. The Bitcoin miner lost $435 million in Q3 and $862 million in Q2, bringing its net loss for the year to a staggering $1.7 billion. Core Scientific Seeks Fresh...
Read More »Elon Musk May Have Been Mistaken Investing in BTC
In early 2021, both Elon Musk and Tesla announced that they bought a ton of cryptocurrency – over $1.5 billion in bitcoin, to be exact. While things may have started out on a positive note, the volatility and price swings of 2022 have caused both figures to suffer dramatically, and it appears these bitcoin investments have brought each of them down. Elon Musk Hasn’t Had a Good Bitcoin Run It was announced earlier this year that both figures had lost a lot on their...
Read More »Maple Finance Is Rescuing Crypto Miners
The crypto mining scene has been in a terrible state of disarray over the past few months, but there appears to be an answer in a platform called Maple Finance. Maple Finance Is Trying to Aid the Mining Community The digital currency mining scene has been falling into the doldrums as of late. With assets like bitcoin losing more than 70 percent of their values since hitting new all-time highs last November, it seems it’s becoming much more expensive to mine crypto, and...
Read More »Space Kek #10 – Les protocoles de confidentialité (Whirlpool, Wasabi, JoinMarket)
« Le Space Kek de cette semaine sera consacré au coinjoin. Nous expliquerons le principe du mixage de coins et explorerons la technique des différents protocoles existants (Whirlpool, Wasabi, JoinMarket). Ce Space n’a pas pour but de continuer l’éternel débat Samouraï vs Wasabi, mais plutôt d’aborder le sujet d’un angle technique et objectif. » – Lounès Ksouri. Où ? – Sur Twitter Quand ? –...
Read More »Bitcoin Jumps 5% from 2-Year Low, Is Bull Run in Progress?
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Read More »Pushpendra Singh Gives His Thoughts on Crypto
Pushpendra Singh – the founding partner of wealth technology platform Centricity – has nothing against bitcoin and its altcoin cousins, but in a recent interview, he commented that traders and investors really need to be fully aware of the volatility and other problems that plague them. What Does Singh Think of Crypto? He says bitcoin and many other forms of crypto are likely to remain volatile and vulnerable to dramatic price swings that can appear out of nowhere. Singh...
Read More »Bitcoin Mining Giant Core Scientific Could File for Bankruptcy by November End
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