Mining

About The Book:Your Money and the World: How to Spend, Save, Donate and Invest Sustainably. Winner of the SKBI Prize for Sustainable Finance Literacy as part of the Money Awareness and Inclusion Awards (MAIA). Cecile Biccari, sustainable investment expert helps young readers understand how money works—and how spending, saving, donating and investing can change the world. Financial literacy is an important skill in life. At around the age of seven, children develop attitudes and beliefs about...

About The Book:Your Money and the World: How to Spend, Save, Donate and Invest Sustainably. Winner of the SKBI Prize for Sustainable Finance Literacy as part of the Money Awareness and Inclusion Awards (MAIA). Cecile Biccari, sustainable investment expert helps young readers understand how money works—and how spending, saving, donating and investing can change the world. Financial literacy is an important skill in life. At around the age of seven, children develop attitudes and beliefs about...

The Russian government has extended its winter ban on local crypto mining operations to six years as energy consumption in the country rises to alarming levels. About a month ago, the government ordered crypto mining entities to pause their operations for the winter season. However, the ban has now been extended. According to a report from local media Tass, the Russian Cabinet of Ministers has banned crypto mining, including local participation in mining pools, in select...

Bo Hines appointed Executive Director of Crypto Council, leading efforts to shape digital asset policies and foster industry growth. In a major development, Elected president Donald Trump has announced the formation of the “Crypto Council.” The new group will play a role in determining policies for the sector of digital assets. On December 22, Trump confirmed the news in a post on Truth Social. David Sacks will work alongside Bo Hines as the newly appointed AI and Crypto Czar. The Crypto...

Cardano’s blockchain technology is set to revolutionize the Argentine lithium industry through an agreement with three players in the sector: Atómico 3, Zengate, and Alto Grande. The collaboration will introduce the world’s first lithium tokenization project, a disruptive initiative scheduled for launch in Q1 2025. Mechanics of Tokenization According to local reports, the project will use blockchain technology to convert the property rights of lithium into digital tokens....

Shanghai-based car dealership Cango Inc. has pivoted to Bitcoin (BTC) mining, announcing a $256 million acquisition of 32 exahashes per second (EH/s) in hashrate from Bitmain Technologies. In November, the company extracted 363 BTC, worth about $36 million, without liquidating any assets, positioning it as one of the top players in the global Bitcoin mining industry. Cango Joins BTC Mining Bigwigs According to The MinerMag, the move makes Cango the fifth-largest public...

Riot Platforms boosts its Bitcoin holdings by purchasing 5,117 BTC for $510 million, reflecting growing institutional confidence in Bitcoin. Bitcoin mining company Riot Platforms has made a major acquisition, purchasing 5,117 bitcoins between December 10 and December 12, 2024. The average price of the Bitcoins was $99,669, which led to the total cost of the purchase of about $510 million. Therefore, the overall number of bitcoins Riot has accumulated has risen to 16,728 as of December 12,...

Die weit verbreitete Annahme, dass Bitcoin auf genau 21 Millionen Einheiten begrenzt ist, ist ein zentraler Aspekt der Kryptowährung. Diese Grenze, die in den ursprünglichen Code von Satoshi Nakamoto eingebaut wurde, sorgt dafür, dass Bitcoin deflationär ist – ein entscheidender Unterschied zu traditionellen Fiat-Währungen, die von Zentralbanken beliebig vermehrt werden können. Doch es gibt eine interessante Perspektive, die oft übersehen wird: Die 21-Millionen-Grenze könnte theoretisch...

Die Frage, was passiert, wenn die 21 Millionen Bitcoins, die je existieren können, vollständig gemined sind, beschäftigt Krypto-Enthusiasten, Investoren und Entwickler schon seit Jahren. Bitcoin, die erste und bekannteste Kryptowährung, hat eine festgelegte Obergrenze von 21 Millionen Münzen. Diese Obergrenze ist in den Code des Bitcoin-Netzwerks eingebaut und sorgt dafür, dass niemals mehr als diese Menge existieren wird. Doch was passiert, wenn diese Zahl erreicht ist? Welche Auswirkungen...

In einer epochalen Ankündigung hat Google diese Woche seinen neuesten Quantencomputer-Chip „Willow“ vorgestellt. Dieser stellt einen technologischen Durchbruch dar, da seine Rechenleistung exponentiell stärker ist als die eines herkömmlichen Supercomputers. Doch mit diesem Fortschritt kommen auch Bedenken über die Sicherheit von Bitcoin und der Blockchain-Technologie. Der Willow-Chip und seine unglaubliche Rechenleistung Quantencomputer revolutionieren die Art und Weise, wie komplexe...