Mining

As crypto mining firms rapidly expand infrastructure ahead of the 2024 Bitcoin halving, the industry is also branching out into another growing tech frenzy: artificial intelligence. A report from JP Morgan on Thursday explained how mining businesses are now repurposing their infrastructure to provide high-performance computing services. Miners Pivot to AI As led by Nikolaos Panigirtzoglou, the analysts wrote that miners are partly funding their shift to AI by selling BTC...

[unable to retrieve full-text content]CoinspeakerUS Crypto Mining Industry Forms DEC to Address Wrong Beliefs About Sustainability  Dubbed the Digital Energy Council (DEC), the team is in Washington DC and was established on the 15th of August. US Crypto Mining Industry Forms DEC to Address Wrong Beliefs About Sustainability 

Jeremy Allaire – the CEO of stable coin issuer Circle – says that with bitcoin and Ethereum exploding in price as of late, he thinks countries like China – as well as many other Asian nations – are going to up their bitcoin demands and permit crypto mining like never before. Jeremy Allaire Thinks China Will Again Be a BTC Haven In a recent interview, Allaire said: Hong Kong is clearly looking to establish itself as a very significant center for digital asset...

A new report produced by leading digital currency exchange Coinbase suggests over 52 percent of Fortune 500 companies are exploring blockchain technology. They’re also looking at crypto and web3. Coinbase Believes Blockchain Innovation is Growing The blockchain industry has walked a long route in a particularly short period. For example, the bitcoin blockchain – which was first introduced in a whitepaper on Halloween of 2008 – didn’t see mining action until early...

[Press Release – Kowloon city, HongKong, August 7th, 2023] Founded in August 2018 and headquartered in Hong Kong, Crypto Miner Bros has become one of the leading crypto mining hardware distributors within five years of its launch. With a dedicated team of blockchain experts, e-commerce specialists, and crypto mining professionals, Crypto Miner Bros has become a reputable name in the crypto mining industry. Crypto Miner Bros has built an incredible mining community that...

Bitcoin miners have had a rocky start in 2023 after being battered by a severe market downturn the previous year. But as prices recovered over the last several months, they have been at significant capacity, according to Bernstein. The brokerage firm’s latest report weighs in on how large miners are poised to reap substantial benefits from such a growing trend. Where do Miners Stand Ahead of Bitcoin Halving? The report suggests that the 16 largest publicly listed mining firms...

Blackberry has detected several malware families that are being used to run massive campaigns for stealing crypto from devices. In the August edition of ‘The BlackBerry Global Threat Intelligence Report,’ the former titan of the smartphone industry found that finance, healthcare, and government are the top three industries with the highest distribution of cyberattacks. Malware Everywhere From March 2023 to May 2023, BlackBerry’s cybersecurity solutions managed to stop over...

A China-owned crypto mining facility could be built in the rural town of Vilonia, Arkansas, and the residents aren’t too happy about that. Will Vilonia Be a New Crypto Mining Hub? What’s odd is that the mining facility is controlled and owned by China, a country that not long ago decided crypto mining should be illegal due to the alleged harm it does to the atmosphere. The country announced that due to new “green” rules implemented by Beijing, all crypto mining...

[Press Release – London, United Kingdom, August 2nd, 2023] The cryptocurrency landscape is about to be shaken up by the release of Satoshi Coin, a new cryptocurrency that has a number of unique features. Satoshi Coin offers a novel approach to mining and staking through its Proof of Computing Power (PoCP) algorithm. The presale for Satoshi Coin is currently underway. It will run from August 2 until all available coins have been purchased. An Ethereum-based token, Satoshi Coin...

The President of the Kyrgyz Republic – Sadyr Japarov – has reportedly approved the building of a cryptocurrency mining farm at a hydropower plant near the country’s biggest river – the Naryn. The political leader believes this development will allow the hydroelectric station to use its excessive energy since it can not sell it anywhere. Permission Granted  According to a local media outlet, President Japarov has allowed the construction of a crypto mining farm at the...