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“# BIT Mining steps up Bitcoin mining operations in Kazakhstan ” Crypto mining firm BIT Mining, which recently announced it would be expanding out of the Chinese market, plans to purchase 2,500 Bitcoin miners for deployment in Kazakhstan. In a Wednesday announcement, BIT Mining said it had entered a $6.6 million agreement to buy 2,500 Bitcoin…
“# Law professor calls for crypto mining regulation during US Senate hearing ” Tuesday’s crypto hearing before the United States Senate Committee on Banking, Housing and Urban Affairs also included a call for stricter regulations on cryptocurrency miners. Addressing the committee, professor Angela Walch claimed that miners held “meaningful power” over the way blockchain networks…
“# US Bitcoin miner Stronghold files for $100M IPO to fund massive expansion ” Pennsylvania-based Bitcoin mining firm Stronghold Digital Mining has filed for a $100 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). The firm filed its S-1 form on July 27 and if given the green light…
“# Crypto cowboys: Texas counties welcome Bitcoin miners with open arms ” Texas, the second-largest state in the U.S. known for its southern hospitality, is embracing the droves of Bitcoin (BTC) miners that have recently flocked to the region. Following China’s crackdown on crypto mining that occurred in May, a number of Bitcoin mining companies…
“# Canadian border town suspends Bitcoin mining over aesthetic concerns ” Massena, a town along the New York border with Canada has placed a temporary suspension on new Bitcoin (BTC) mining operations in the area. According to a report by the Associated Press on Friday, Massena Town city officials mandated the 90-day moratorium on new…
“# A green revolution in crypto mining? Industry answers wake-up call ” After having been hailed as a champion of sorts by many within the global digital asset market, Tesla CEO Elon Musk dropped a bombshell on the crypto community earlier in May, backtracking the company’s decision to start accepting Bitcoin (BTC) as a means…
“# Elon Musk says Bitcoin may have already hit his benchmark on renewable energy ” Tesla CEO Elon Musk has hinted the crypto industry is on its way towards a greener future, but the car manufacturer won’t be accepting Bitcoin payments just yet. Speaking at The ₿ Word, a virtual Bitcoin (BTC) event with Twitter…
“# Crypto mining firm Argo Blockchain files for US IPO ” Argo Blockchain, a U.K. publicly traded company focused on crypto mining, has begun the process of applying for an initial public offering in the United States. According to a confidential draft registration statement filed Tuesday with the U.S. Securities and Exchange Commission, or SEC,…
“# US Bitcoin mining giant Core Scientific set for Nasdaq listing via $4.3B SPAC deal ” Core Scientific, one of the largest Bitcoin (BTC) mining operations in North America is set for a public listing on Nasdaq. According to CNBC on Wednesday, Core has inked a $4.3 billion merger with Power & Digital Infrastructure Acquisition…
“# GPU price inflation dips slightly as Ether downtrend continues ” Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH). According to a review by TechSpot, GPU prices across popular graphics cards are slightly lower in July than they were in June. The…