Tag Archives: Bitcoin Mining

About The Book:Your Money and the World: How to Spend, Save, Donate and Invest Sustainably. Winner of the SKBI Prize for Sustainable Finance Literacy as part of the Money Awareness and Inclusion Awards (MAIA). Cecile Biccari, sustainable investment expert helps young readers understand how money works—and how spending, saving, donating and investing can change the world. Financial literacy is an important skill in life. At around the age of seven, children develop attitudes and beliefs about...

Rosseti Group, Russia’s power grid company, reported losses exceeding 1.3 billion rubles – which is worth around $14.2 million – in 2024 due to unauthorized cryptocurrency mining operations, also known as “black” mining firms. As per a report by state-owned news agency TASS, damages were widespread across the company’s electrical networks. Illegal Mining Strains Russia’s Energy Grid The most significant impact was recorded in the North Caucasus region, which amounted to over...

About The Book:Your Money and the World: How to Spend, Save, Donate and Invest Sustainably. Winner of the SKBI Prize for Sustainable Finance Literacy as part of the Money Awareness and Inclusion Awards (MAIA). Cecile Biccari, sustainable investment expert helps young readers understand how money works—and how spending, saving, donating and investing can change the world. Financial literacy is an important skill in life. At around the age of seven, children develop attitudes and beliefs about...

Shanghai-based car dealership Cango Inc. has pivoted to Bitcoin (BTC) mining, announcing a $256 million acquisition of 32 exahashes per second (EH/s) in hashrate from Bitmain Technologies. In November, the company extracted 363 BTC, worth about $36 million, without liquidating any assets, positioning it as one of the top players in the global Bitcoin mining industry. Cango Joins BTC Mining Bigwigs According to The MinerMag, the move makes Cango the fifth-largest public...

Die weit verbreitete Annahme, dass Bitcoin auf genau 21 Millionen Einheiten begrenzt ist, ist ein zentraler Aspekt der Kryptowährung. Diese Grenze, die in den ursprünglichen Code von Satoshi Nakamoto eingebaut wurde, sorgt dafür, dass Bitcoin deflationär ist – ein entscheidender Unterschied zu traditionellen Fiat-Währungen, die von Zentralbanken beliebig vermehrt werden können. Doch es gibt eine interessante Perspektive, die oft übersehen wird: Die 21-Millionen-Grenze könnte theoretisch...

Bitcoin und Kryptowährungen sind Themen, die das Internet dominieren. Doch in einem Markt voller Konkurrenz ist es entscheidend, die richtigen Keywords zu finden, um die Zielgruppe zu erreichen. Ahrefs erweist sich dabei als eines der besten Tools, um Bitcoin-Keywords zu identifizieren und effektive Content-Strategien zu entwickeln. Mit Ahrefs kann man Keywords recherchieren und analysieren, um herauszufinden, welche Keywords am besten zu den Bedürfnissen der Zielgruppe passen. Die Plattform...

Prominent Bitcoin mining pool Foundry Digital reportedly slashed 27% of its workforce this week. The layoffs, which affected 74 employees, reflect a strategic shift to prioritize core operations, including its Bitcoin mining pool and site operations. This decision follows an internal restructuring within the Digital Currency Group (DCG), Foundry’s parent company. CEO Mike Coyler stated that the firm is focusing on its core business lines to strengthen its market position. As...

Mining firm MARA Holdings, formerly Marathon Digital, announced plans to offer $700 million in 0.00% convertible senior notes due 2030 to qualified institutional buyers. The company may allow initial buyers to purchase an extra $105 million in notes within 13 days of issuance. $700M Convertible Notes Offering MARA plans to use up to $50 million from the note sale to buy back part of its 2026 convertible notes through private deals. The rest of the funds will go toward...

Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nation’s economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning the asset as a matter of national security. Dominating Critical Components of Bitcoin In a recent...

In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company, which operates in the Bitcoin mining sector, admitted to violating the Foreign Corrupt Practices Act (FCPA) by conspiring to pay bribes and falsifying records. As part of the resolution, BIT Mining entered into a three-year deferred prosecution agreement (DPA) with the US Justice...