Mining

SkyBridge is committed to make Bitcoin mining a green industry through renewable energy.SkyBridge Capital, a global alternative investment firm that specializes in hedge fund products, has announced a strategic partnership with MOSS Earth, a climate technology company focused on environmental services especially global operations. According to the partnership details, SkyBridge has purchased MCO2 tokens representing approximately 38,436 tons of carbon, consequently, the investment firm has...

Genesis Digital Assets – one of the world’s largest crypto mining operators – has garnered more than $125 million in new funds. The money came through a funding round led by London-based private equity firm Kingsway Capital. Genesis Digital Assets Garners More than $100 Million in Funds The crypto mining scene has been at the heart of much controversy in recent months. While the space is necessary to ensure more crypto units wind up in circulation, there are many...

Idan Abada is a man who lives in Los Angeles. Getting into bitcoin a few years back, Abada has made a real name for himself in the mining sector of the crypto space, though the circumstances surrounding his situation are quite unique. Idan Abada Is Running a Successful – and Simple – Mining Rig Normally, we hear of people running mining rigs that consist of many machines. They are all lined up in rows in a large warehouse somewhere as they work tirelessly to extract new...

In the IPO filing, Stronghold noted that with the fundraising, it will purchase an additional 27,300 crypto miners to expand its operations and increase its hash rate.Amid the recent crackdown by China on Bitcoin miners, the US is emerging as the next big market. Stronghold Digital Mining, the Pennsylvania-based Bitcoin miner is now willing to raise $100 million through an initial public offering (IPO).The company filed its S1-form on Tuesday, July 27, with the US Securities and Exchange...

[PR – Las Vegas, Nevada, 27th July, 2021] iM Intelligent Mining (iM), a provider of environmentally responsible energy solutions for powering cryptocurrency mining operations, is delighted to welcome energy veteran Roy Phillips to join its Board of Advisors. Roy is the founder and CEO of REP Energy, a photovoltaic solar project developer that works with investors and private parties to maximize the opportunities available in the renewable energy business. With over three...

The ruling body of Kazakhstan will reportedly allow local banking institutions to offer cryptocurrency exposure to clients. The implementation will run for one year, after which the government will decide whether to extend it. Bank Accounts for Crypto Transactions in Kazakhstan The Kazakhstani news channel Khabar 24 reported that the government plans to officially authorize local banks to open accounts for transactions with digital assets. Numerous institutions will soon be...

Besides remittance services, CoinZoom features five different CoinZoom Visa cards, depending on the amount of ZOOM you hold in your wallet.To help accelerate the widespread acceptance of cryptocurrencies, CoinZoom is continuously adding new services, including crypto Visa debit cards, crypto remittance services, an institutional-grade trading platform, and much more.Fully-Licensed Services Support Greater Functionality & AccessibilityDecentralized finance (DeFi) has become one of the...

According to Bobby Lee, one of the leading crypto proponents of China, Beijing is no longer interested in encouraging crypto transactions in the country.China has been consistent in suppressing the crypto trade business in the region and has accelerated the regulatory pressure on existing trading units in the country to suspend the proceedings in their entirety. The Chinese government has been determined to execute a complete crackdown on cryptocurrency trading and impose a complete strict...

North American cryptocurrency mining company Core Scientific has announced plans to be listed publicly on the Nasdaq. Core Scientific Will Trade on the Nasdaq Soon The company is the latest in a huge string of crypto and blockchain-related companies to become publicly traded entities. Popular cryptocurrency exchange Coinbase arguably started this trend in mid-April and debuted on the Nasdaq with stock shares trading for more than $300 each. From there, several others...

[Featured Content] Decentralized finance (DeFi) and non-fungible tokens (NFTs) are two sectors of the crypto economy that have recorded massive growth over the last year. As of the time of writing, data show that both markets are worth about $79.59 billion. Bunicorn to Reshape Liquidity Mining As part of its efforts to promote the growth of DeFi and NFT adoption, Bunicorn, a Binance Smart Chain-based Automated Market Market (AMM) project, has launched an innovative product...