Mining

The highly anticipated community event is finally here. After days of waiting for the rumoured mega updates, HyperNation announced several new features poised to bring value-adding perks to all loyal hodlers. The event entitled ‘Circle of Convergence’ records a whooping attendance of 8,000+ unique online participants who turn up and celebrate with the community worldwide. The recent price hike of HNT to a phenomenal 139% was a prelude that cued its tokenomic fitness as...

Arkon Energy – an Australian-based bitcoin mining firm – raised $28 million and acquired Hydrokraft AS (a Norwegian energy-based data center). These will double down on the companyr’s green strategy and aim to increase its mining capacity. Distressed Cycles Could Produce Winners According to a recent document seen by CryptoPotato, the Hydrokraft AS purchase was part of Arkon Energy’s plan to expand its global reach. Both entities use renewable energy to mine bitcoin, ensuring...

Binance – the world’s largest and most powerful digital currency exchange – is pulling back the curtain on a new $500 million crypto mining lending pool so miners and new projects have access to the funds and liquidity they’ll need to extract new units of crypto from the blockchain to be placed in circulation. Binance Is Trying to Help Crypto Miners Known as the “Binance Pool,” those taking part in the project and borrowing funds will have access to loans with terms...

Bitcoin City Der Präsident von El Salvador, Nayib Bukele, verkündete soeben, dass sein Land ab Morgen jeden Tag einen ganzen Bitcoin zukaufen wird. Damit soll die aktuelle Kursflaute rund um den Bitcoin-Preis ausgenutzt werden. Buy The Dip We are buying one #Bitcoin every day starting tomorrow. — Nayib Bukele (@nayibbukele) November 17, 2022 El Salvador hat als erstes Land weltweit im September 2021 den Bitcoin als gesetzliches Zahlungsmittel...

The European Union (EU) is working on a new program that will label the type of energy utilized for bitcoin mining projects. The program is set to determine the level of efficiency behind the module utilized by a specific project. In other words, we’ll know if it is proof of work (PoW), proof of stake (PoS), or something else entirely. Crypto Mining Will Be Labeled in the EU The goal is to ensure that electricity is not wasted and put to the best use possible. This has...

Table ronde autour de Bitcoin organisée par PyratzLabs. Où ? – PyratzLabs, 7 rue Pablo Neruda, 92300 Levallois-Perret Quand ? – Mercredi 16 novembre 2022 de 18h30 à 22h30 Avec : Yorik De Monbynes : Commissaire aux comptes à la Cour des comptes, il est intervenant expert sur les sujets relatifs au bitcoin et à l’histoire des monnaies.Nathalie Janson : Economiste spécialisée dans la banque...

Bitcoin mining firms have had to do a lot to show that they are not just about extracting units from the blockchain to be added to circulation. There is a reason for this: in showing they’re not just about bitcoin mining, they have hopes of staying in business. Bitcoin Mining Companies Need New Ways to Garner Funds One of the big things bitcoin mining companies need to do now is show that they can make it in other arenas. This is because the bitcoin mining space is...

Massachusetts Senator Elizabeth Warren has never been a fan of crypto. In fact, she seems to use all her off time to go after digital assets and those who use them. This time, however, she’s setting her sights on Texas, which she says needs to be investigated for becoming one of the most unregulated crypto havens in America. Elizabeth Warren Has Angry Eyes for Texas In Texas, crypto mining has become a big deal over the past year or so. Following news that Beijing in...

One of the leading crypto miners – Marathon Digital Holdings – recorded a net loss of $75.4 million, or $0.65 per share, during the third quarter of the year due to decreased production and the declining price of bitcoin. Still, the company rounded up its total stash to 11,285 BTC. Data shows that only the Michael Saylor-founded organization MicroStrategy has more bitcoin possessions. Q3 Was a Transition Period Fred Thiel – Marathon’s Chairman and CEO – said 2022’s Q2 was a...

Copper Technologies – a crypto firm that employs former United Kingdom Chancellor Philip Hammond as its adviser – has encountered some difficulties whilst trying to operate in its home country. As a result, the company has withdrawn its application to expand in the UK. Copper Technologies Is Leaving the UK Copper had trouble when gaining approval from the financial regulator, which as we all know by now, is not particularly keen on crypto. The agency – known as the...