Mining

[PRESS RELEASE – Sofia, Bulgaria, 16th December 2021] DeFi-focused crypto wallet by Ambire is out of beta and accepts registrations. Ambire Wallet is a new-generation non-custodial and open source smart wallet that offers its users easy access to DeFi, enhanced user experience and a focus on security. For the past few weeks the wallet has undergone extensive auditing and beta testing with more than 5,000 accounts, and is now open to everyone interested in cryptocurrency and...

Canaan Inc – one of the largest bitcoin mining companies in the world – is now the subject of a class-action lawsuit brought forth by several investors through a Manhattan court. A federal judge has ruled that a Hong Kong couple should lead the securities-fraud suit against the firm even though the filing was delivered late. Canaan Is at the Center of a Heavy Suit The decision was made by U.S. District Judge John Cronan, who believes that Bill Lu and Liyang Huang are the...

Bitcoin-Hashrate (TH/s), Januar bis Dezember 2021 Die weltweite Hash-Rate erreicht bald einen Rekordstand, was sich auf das Kryptowährungsverbot in China zurückführen lässt, denn die durch chinesische Miner hinterlassene Lücke wird in neuen Ländern ausgefüllt. Die Hash-Rate von Bitcoin bewegt sich laut Blockchain.com mittlerweile bei 172 Millionen Terahashes pro Sekunde. Dieser Wert wurde bereits einmal im Mai 2021 erreicht. Genau in diesen Tagen...

[PRESS RELEASE – Singapore, Singapore, 9th December 2021] izumi, the innovative protocol that provides programmable liquidity mining on Uniswap V3, has successfully closed its Series A fundraising round of $3.5 million. Including this last investment round, izumi has raised a total of $5.6 million. The recently acquired funds are going to facilitate izumi’s native token (iZi) launch, which will happen on December 20 and will be immediately followed by the launch of the izumi...

Google has filed a lawsuit against two individuals living in Russia over a botnet they used to infect several computer networks for the purpose of mining cryptocurrency. Google Goes After Glupteba The botnet not only stole crypto assets but the personal information of unsuspecting victims. Google has worked with several internet infrastructure companies to remove servers that the hackers were using to control the networks they infected. The botnet has been deemed null...

It has taken the bitcoin hash rate less than six months to recover from its China-induced crash. The metric, displaying the robustness of the world’s largest blockchain, has increased by roughly three-fold since late June and is close to the ATH tapped in May. BTC’s Hash Rate Nears ATH Six Months Later The hash rate reached an all-time high in May this year at nearly 200 Ehash/s, according to data from BitInfoCharts, when the situation changed vigorously. China, the world’s...

David Marcus – head of the blockchain department at Facebook, now known as Meta – has stated he will be exiting his position and leaving the social media giant at the end of 2021. David Marcus Is Taking a Different Path Marcus is a former PayPal executive that joined forces with Facebook to release a new cryptocurrency that people could use to pay for goods and services. Known as Libra, the currency would be tied to a wallet system called Calibra, which would store...

Pulse Bomber is a token offering passive income potential on a sustainability-focused crypto mining platform, has incepted the Binance Smart Chain in pursuit of becoming the first migrator to the PulseChain Network. The project is aiming to become a prominent player once the new blockchain goes live, and has announced several releases on their roadmap. Investors in the crypto space have already recognised the passive income potential that the Pulse Bomber Miner is...

Several Chinese crypto miners are getting kicked out again, though this time, it’s not Beijing that’s giving the order. It’s regions like Kazakhstan, which have seen a huge influx of miners from China following the nation’s decision that crypto mining is no longer an acceptable business within its borders. Kazakhstan Doesn’t Have the Energy for All This Regions such as Kazakhstan, Florida, and Texas were quick to offer homes to the many crypto miners that were forced to...

TeraWulf – an American bitcoin mining company – raised around $200 million in debt and equity financing from a group of individual and institutional investors. As a result, the firm expects to achieve a mining capacity of 6 exahash per second or 200 megawatts by the second part of 2022. Furthermore, TeraWulf eyes public listing on Nasdaq through a business merger with the tech company IKONICS Corporation. TeraWulf Aims High As part of the $200 million financing, TeraWulf...