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” Jack Dorsey’s Block asks for input on proposed ‘mining development kit’ “ Payments company Block, formerly known as Square, is delving deeper into the crypto mining industry with potential plans to build a “mining development kit.” A Mar. 7 blog post revealed that the Jack Dorsey-founded multinational technology firm was mulling its latest vision…
” TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility “ United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power generated on-site. In Mar. 6 statement, TeraWulf said the Nautilus Cryptomine facility is its first “behind the meter” Bitcoin (BTC)…
” SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme “ Software and crypto mining equipment offered by the Utah-based Green United LLC was part of an $18 million “fraudulent scheme” that never mined the crypto it said it would, according to allegations by the United States Securities and Exchange Commission (SEC). The regulator…
” Senators renew call for EPA investigation of crypto mining emissions data “ United States Senator Edward Markey and Representative Jared Huffman announced March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act in Congress. The move comes ahead of a Senate hearing on the environmental impact of crypto mining, which Markey will chair…
” Man faces arrest over alleged crypto mine hidden under a school “ A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for arrest after missing a scheduled court hearing to answer to charges. Nadeam Nahas was scheduled to be arraigned on Feb….
” Montana’s ‘right to mine’ crypto bill moves closer to passing as law “ A cryptocurrency mining rights bill with laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate. The proposed laws would enshrine a “right to mine digital assets” and would prohibit “discriminatory”…
” Enterprise blockchain is transforming business operations and reducing costs: Web3 exec “ Blockchain technology is often a valuable tool in solving various business challenges due to its ability to create secure, trusted, and transparent data sources and has gained traction across industries as businesses seek efficiency and cost reductions. Daniela Barbosa, the Executive Director…
” Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype “ The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it takes away from BTC’s peer-to-peer cash system vision. No matter the community…
” Hut 8 CEO weighs in on the bull and bear markets from a mining perspective “ In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat…
” Cryptocurrency miners are leading the next stage of AI “ As artificial intelligence (AI) rapidly works its complex magic on one sector of the economy after another, there is an increasingly pressing need for compute resources to power all this machine intelligence. Training a model like ChatGPT costs more than $5 million, and running…