Mining

Residents of a Tennessee town are not too happy with the addition of a bitcoin mining facility that’s allegedly causing heavy noise in the area. The facility was built by Red Dog Technologies, and it’s been stationed in a small area where everyone seems to know one another, and problems are few. Bitcoin Mining Is Creating Too Much Noise for These Residents The noise of the bitcoin mining business allegedly started out as a small hum last spring. From there, it got louder...

As a means of avoiding assistance from the International Monetary Fund (IMF), the Central American nation of El Salvador is looking to sell debt that’s fully backed by bitcoin. The IMF has already asked the country to avoid all bitcoin activity in the future, though El Salvador graciously responded by giving the global organization the finger, claiming on social media that it would never step away from crypto. El Salvador Will Sell Bitcoin-Backed Debt The bitcoin-backed...

[PRESS RELEASE – California City, United States, 18th March 2022] With liquidity mining and bridge integration in place, FairySwap is ready to go live.FairySwap is announcing a full-featured mainnet launch that includes support for new trading pools, yield farming, and a cross-chain bridge to BNB Chain (formerly Binance Smart Chain). Starting on March 20, UTC 0:00, users will be able to farm FAIRY tokens on the DEX. Specialized Genesis Mining and Fairy Farms To boost initial...

It looks like bitcoin and crypto fans in countries that are part of the European Union (EU) can breathe a sigh of relief today as the continental organization has voted against banning bitcoin mining and proof of work (PoW) modules. The EU Says “Yes” to BTC Mining Not long ago, Live Bitcoin News reported that the EU was looking to potentially end all crypto mining projects within its borders, citing environmental concerns. Finnish Parliament member Eero Heinaluoma was...

Diversified holding company Bit Nile Holdings, Inc. is creating a whole new division called Bit Nile Mining Solutions that will focus on self-mining bitcoin. Bit Nile Looks to Be a Crypto Mining Solution for All The company is looking to establish partnerships with assorted crypto and blockchain firms such as Bitmain so it can engage in all aspects of crypto mining such as the distribution of equipment, hosting and managing electrical power, repairing miners and...

INTERNET CITY, DUBAI, Mar. 18, 2022 – LBank Exchange, a global digital asset trading platform, will list Rubix (RBT) on March 23, 2022. For all users of LBank Exchange, the RBT/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 23, 2022. Blockchain protocols such as Bitcoin and Ethereum with exhaustive mining-based Proof-of-Work consensus algorithms often cause high latency, low throughput, and high transaction costs, while...

It looks like all these different countries are taking a page out of what has become the infamous China crypto book. The European Union (EU) is all set to vote on whether to ban bitcoin and cryptocurrency mining given its alleged impacts on the planet. The ban would come through drafted legislation known as the Markets in Crypto Assets (MICA) framework. The EU Will Vote On a Potential Crypto Ban At the risk of sounding preachy, this is getting rather old. How many more...

Last week, Joe Biden issued a crypto-related executive order. It was allegedly designed to ensure agencies in the U.S. could study the effects and risks associated with digital currencies and begin implementing needed regulation. The order also potentially opened the door to a national digital currency for the U.S. For the most part, traders and analysts seemed to like the fact that the order was giving crypto regulation its start, but for men like Kevin O’Leary of...

In seinen zwei neuen Initiativen stellt May Adler, der Bürgermeister der texanischen Hauptstadt, einen kryptofreundlichen Kurs vor und outet sich als überzeugter Anhänger der Blockchain-Technologie. In seiner ersten Initiative will Adler den Weg für eine kryptofreundliche Stadt ebnen. So erhielt der City Manager die Anweisung, 20 verschiedene Bereiche in der urbanen Infrastruktur auf eine Kompatibilität mit dem Web3 und der Blockchain-Technologie zu untersuchen. Diese Bereiche, die unter...

The government of Kazakhstan identified 106 cryptocurrency mining farms that operate without the necessary licenses. The authorities halted 51 of them, while 55 ceased their operations voluntarily. The Latest Crackdown Earlier this year, Kazakhstan declared war on illegal digital asset mining farms. Minister Bagdat Musin claimed that they could negatively impact the nation’s energy network: “Gray miners are doing a lot of harm to our power grid. The energy costs of illegal...