Mining

Reports of a company known as Core Scientific have emerged in the news as of late. The enterprise is looking to expand its bitcoin mining operations throughout the U.S. While the firm is officially based in Bellevue, Washington, the company has also opened stations in several Midwest and southern states including North Carolina, Kentucky and Georgia, and it doesn’t plan on stopping any time soon.Does Bitcoin Mining Still Hold Sway?The fact that all this is occurring in the United States is...

From the time it began Bitcoin mining operation in 2016, Fidelity has been working to bring the future of cryptocurrencies into the legacy world.Fidelity Investments CEO Abby Johnson revealed that it has become hard to track all the developments in the crypto sector since the previously discussed things are now turning out to be a reality at a fast pace. During an interview with Barron’s, Fidelity CEO says there has been an “incredibly successful” run around Bitcoin for the mutual fund...

Previously, the Russian government intended to outlaw any miners located in the Russian territory but it still remains an unresolved topic whether or not mining could be illegal.According to the Russian federal law regarding the possession of digital and financial assets (DFA), both government officials and civilians must report their cryptocurrency possessions to the Federal Financial Monitoring Service of the Russian Federation (known as Rosfinmonitoring). The edict was signed by Vladimir...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1032. Im heutigen Video geht’s um folgende Themen: Alexander Vinnik Gefängnisstrafe, Silk Road Darknet Kinofilm 2021 & Square Klimafreundliches Bitcoin Mining. 1.) Alexander Vinnik Gefängnisstrafehttps://www.btc-echo.de/schlagzeilen/alexander-vinnik-wird-zu-fuenf-jahren-haft-verurteilt/ 2.) Movie based on darknet market Silk Road premiering in...

Der Twitter CEO Jack Dorsey bekennt sich in seinem Twitter Profil prominent zu Bitcoin! Square, die Payment-Firma von Twitter CEO Jack Dorsey hat die Bitcoin Clean Energy Investment Initiative erschaffen. Diese Initiative soll das ganze Bitcoin-Ökosystem grüner und effizienter machen. Wir glauben, dass digitale Währungen wie Bitcoin irgendwann vollständig mit sauberer Energie...

Apple co-founder Steve Wozniak is supporting a new cryptocurrency startup that’s designed to cut greenhouse gas emissions and help save the environment.Steve Wozniak Wants to Save the PlanetOne of the big problems being faced by cryptocurrency miners everywhere is that the extraction process is allegedly boosting carbon gas production and polluting the atmosphere, thereby contributing to climate change. For example, it has been said that mining bitcoin emits as much carbon as the city of Las...

According to an official press release from today, U.S.-based financial services company Square has launched a new initiative for the firm to become net-zero carbon for operations by 2030.Square Invests $10 MillionAs a part of the plan, the Jack Dorsey-led company will allocate $10 million to its Bitcoin Clean Energy Investment Initiative, which intends to fund companies that drive adoption and research into the use of green energy for Bitcoin mining operations.Bitcoin is often criticized for...

Staking soll das neue Mining werden. Neu bietet auch die bekannte Bitcoin-Börse Kraken nach dem Update auf Ethereum 2.0 das Staking für seine Kunden an. Damit lassen sich so circa 5% – 17% Zins verdienen — gemäss den Angaben von Kraken. Aufgepasst: Gerade unter den Anbietern von Staking gibt es viele Schwarze Schafe! Mittlerweile bieten viele der Bitcoin-Börsen das sogenannte Staking an. Und gerade...

The U.S. Department of Justice (DoJ) has extradited a principal member of a fraudulent cryptocurrency mining and trading platform from Panama to the United States.AirBit Club Co-founder to Face Criminal Charges in the U.S.According to an announcement by the acting U.S. attorney for the Southern District of New York, Audrey Strauss, U.S. authorities were able to extradite Gutemberg Dos Santos, co-founder of crypto Ponzi scheme AirBit Club.Dos Santos, who holds dual citizenship from Brazil and...

Chinese Bitcoin mining firm Canaan has recorded a loss in yet another quarter but is showing positive signs of a recovery as share price and market capitalization spikes. Following a disappointing initial public offering (IPO) last year and declining inventory sales, the company has seen the balance of power shift considerably to major competitors MicroBT and Bitmain.$12.7 Million Loss for Q3 2020Bitcoin miner maker Canaan has reported a 75.7% year-on-year (YOY) decline in net revenue as part...