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Riot Blockchain’s Q2 2021 Revenue Shoots 1500% with High Bitcoin Mining Activity

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AVAX Is Up 150% in a Week as Over $1B TVL Locked on BENQI

After launching on August 19th, the algorithmic liquidity protocol BENQI has already reached $1B in TVL. Meanwhile, the price of Avalanche’s native cryptocurrency has been soaring. Big Support for BENQI BENQI is collaborating with AVAX in a joint liquidity mining program, in which $3M worth of AVAX will be provided as incentives to users of the former’s protocol. Any user borrowing or exchanging ETH, wBTC, LINK, USDT, DAI, or AVAX will be eligible for these rewards. More...

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Argo Blockchain Looks to Become More Energy Sustainable

Crypto mining firm Argo Blockchain has become the first official company of its kind to release a climate plan to carry it through the future. Argo Blockchain Is Looking to Be More Environmentally Friendly The idea of crypto mining is necessary to ensure digital blockchains are consistently supplied with new tokens. However, the process has been quite controversial over the past few months given that it is allegedly causing irreversible damage to the planet according to...

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Evolution Mining’s CEO: Bitcoin’s Volatility Will Lead Investors Back to Gold

According to Jake Klein – the executive chairman and CEO of the gold mining firm Evolution Mining – bitcoin’s volatile nature would make gold a preferable investment instrument once again. He argued that the primary cryptocurrency falls behind the precious metal in terms of “longevity and security.” The Question of Our Times – BTC or Gold? In a recent interview for CNBC, the chief executive officer at Evolution Mining – Jake Klein – shared his views on the correlation between...

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Twitter CEO Jack Dorsey Announces Plans to Go into Bitcoin Mining

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Aussie Green Bitcoin Miner Iris Energy Files with SEC to Go Public on Nasdaq

The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with US regulators for a direct listing on Nasdaq this year. Based in Sydney, Australia, Iris Energy is a Bitcoin mining firm that “owns and operates real assets, including data center infrastructure, powered by renewable energy.” According to a press release dated August 18th, the company...

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Bitcoin’s Value Recovers above $46,000 as Its Mining Difficulty Rebounds

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BTC Miner Clean Spark Buys Georgia Data Center

Clean Spark Inc., a “clean” bitcoin mining firm, says it has obtained a second data center in the town of Norcross, Georgia. The move is designed to boost the amount of bitcoin and crypto the company extracts from the blockchain, and the new center encompasses approximately 87,000 square feet. Clean Spark Buys Into Bitcoin Even More Clean Spark is now expected to extract as much as 18 new bitcoin units per day. The new data center was formerly a Sprint/Nextel firm....

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Argo Blockchain Records Revenue Jump of 180% in H1 2021

During the six months preceding June 30, Argo Blockchain reported revenue of £31 million, up 180% compared to last year’s first half.Argo Blockchain PLC (LSE: ARB), a leading cryptocurrency mining company, has reported its H1 earnings results for 2021. According to the interim half-year results for 2021, the company recorded notable gains bolstered by the Bitcoin price pump and increased mining capacity.During the six months preceding June 30, Argo Blockchain reported revenue of £31 million,...

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Fidelity Purchases More Than 7% Stake in One of North America’s Biggest BTC Mining Firms

Fidelity Investments Inc. is now a major stakeholder in Marathon Digital Holdings, one of the biggest bitcoin mining firms in North America. Fidelity Investments Buys More Than 7% of Marathon At the time of writing, Fidelity has purchased a 7.4 percent stake in the crypto mining enterprise, thereby boosting the institutional presence that has grown so prevalent in the crypto world over the past few months. Since the end of last year, many institutional figures from...

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