Kenya invites Bitcoin mining firms to tap surplus geothermal power
Kenya is looking to become Africa’s first Bitcoin mining hub by inviting Bitcoin mining companies to use surplus geothermal energy...
crypto mining
Brace For Impact: Bitcoin Miners Have Begun Dumping Their Holdings
For the longest time, bitcoin miners have held on to the spoils of their activities. That is when the profitability...
$44M Ponzi scheme charged with stealing $18M in funds
Two individuals and a company have been charged with operating an illegal community pool and fraudulently soliciting $44 million via...
Stock Prices of Bitcoin Mining Companies Tumble Amid Broader Market Downturn
Bitcoin mining stocks have continued to plunge so far in 2022 following BTC’s price plummet, with Riot Blockchain being the...
Ethereum Miners Surpass Bitcoin Miner Revenue By $224M
After the continuous sink in the mining profitability of both digital assets year-on-year, Bitcoin miners have been set back to...
Bitcoin Miner Argo Blockchain Borrows $70M to Buy Equipment for Texas Site
Popular Bitcoin miner Argo Blockchain has announced taking on additional debt under Argo’s equipment financing agreement from a subsidiary of...
Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake, Says Solana Co-Founder
The Proof-of-Work (PoW) consensus mechanism, which relies on crypto mining to validate transactions, is a pioneering concept that, in fact,...
Bitcoin Holds Steady As US Extends Sanctions Against Russia To Cryptocurrency Mining
Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that...
IMF releases financial stability report, identifies risks of crypto and calls for uniform regulations
The International Monetary Fund (IMF) has released its quarterly Global Financial Stability Report, and there’s copious mention of cryptocurrency and...
An Nvidia RTX 3090 Mod Could Reportedly Make GPU Crypto Mining More Efficient
A PC gaming electronics researcher made headlines in the PC world this week after finding a way to boost the...
