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“# Riot Blockchain’s hashing capacity grew 460% in 2020: Report ” According to its latest annual financial report, leading U.S.-based mining firm Riot Blockchain increased its hashing capacity by 460% and more than doubled the amount of Bitcoin held on its balance sheet in 2020. Riot saw a 78% growth in total mining revenues from…
“# Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital ” Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead. Off The Chain Capital and Foundry Digital, a subsidiary of…
“# 90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says ” The majority of Bitcoin (BTC) is mined outside of the United States using “dirty energy,” Miami Mayor Francis Suarez has claimed. Suarez discussed the environmental implications of Bitcoin mining in a March 26 episode of the Unconfirmed podcast with cryptocurrency journalist Laura Shin….
“# Norwegian billionaire ditches skepticism, invests in local crypto exchange ” Within the same month, Norwegian billionaire investor Øystein Stray Spetalen has gone from dismissing Bitcoin (BTC) as a “nonsense currency” to revealing that he has joined the board of Norway’s top domestic crypto exchange MiraiEx. Spetalen’s former position was that cryptocurrencies such as Bitcoin…
“# Crypto user modifies old school Game Boy for Bitcoin mining ” An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency. According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy first released in 1989 as a starting point to…
“# Argo Blockchain to launch clean energy Bitcoin mining pool ” Publicly-traded cryptocurrency mining firm Argo Blockchain will launch a Bitcoin (BTC) mining pool powered solely by clean energy, the company announced on March 26. Argo has partnered with fellow eco-friendly mining firm DMG Blockchain to create Terra Pool — a Bitcoin mining pool consisting…
“# Riot Blockchain stock plunges with Bitcoin as market correction deepens ” Shares of Riot Blockchain (RIOT) and other cryptocurrency miners sold off sharply on Thursday, as Bitcoin’s (BTC) gravitational pull on the market continued to broaden. RIOT declined by as much as 14.4% during Thursday’s session, extending its losing streak to four days. The…
“# Mining firm aims to go public through merger with Nasdaq-listed company ” Greenidge Generation, a New-York based Bitcoin mining company that owns its own power plant, aims to go public through a merger with technical support provider Support.com. In an announcement today, Greenidge said it had signed an agreement with Support.com to merge in…
“# Bitcoin mining stocks have outperformed BTC by 455% over the past 12 months ” Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital asset strategy, Leeor Shimron, shared his analysis into the market…
“# SBI Crypto’s Bitcoin mining pool goes public ” SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, has opened its mining pool to the general public. As one of the fruits of a strategic partnership between SBI and the German tech firm Northern Data AG, the pool reportedly now ranks 11th globally,…