Tag: Mining
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in ad [...]
Canaan’s 2Q mining revenue jumps 43% on 1Q, but net loss climbs 31%
Bitcoin mining company Canaan announced its unaudited financial results for Q2 2023, showing growth in computing power sold and BTC mining revenues wh [...]
Laos halts electricity supply to crypto mining projects amid drought
State-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operatio [...]
Tether CTO stays silent on Bitcoin mining locations
Paolo Ardoino, chief technology officer of stablecoin issuer Tether (USDT), recently found himself addressing rumors about edited images of large indu [...]
The future of BTC mining and the Bitcoin halving
On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United Sta [...]
Renewable energy Bitcoin mining company powers up in Sweden
Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center. Genesis Digital Assets Limited (GDA), a mining and data center company with over [...]
Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko
There is a significant worldwide contrast in household electricity expenses for individual Bitcoin (BTC) miners. While producing one Bitcoin in Italy [...]
Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools
Stablecoin issuer Tether (USDT) is building specialized software to optimize Bitcoin mining and renewable energy operating using data analytics, follo [...]
Bitcoin mining researchers claim new tech ups winning hash chance by 260%
Quantum Blockchain Technologies (QBT), a research company based in the United Kingdom, has developed artificial intelligence-powered algorithms that c [...]
Lobby group to dispel crypto mining misconceptions in DC, says founder
The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainabil [...]
Crypto Mining Gets Its Own Lobbying Voice in Washington
“The focus on how both the digital asset mining and energy industries can collaborate and work together to bolster energy infrastructure, increase res [...]
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Five executives from a Filecoin mining service are facing a lawsuit at the People's Court of Pingan County in China, over allegations that they pilfer [...]
Where Will Bitcoin Mining Be After the Halving?
Where Will Bitcoin Mining Be After the Halving?
www.coindesk.com [...]
Biden to Designate Monument Near Grand Canyon, Preventing Uranium Mining
President Biden will designate nearly a million acres of land near the Grand Canyon as a new national monument on Tuesday to protect the area from ura [...]
Tether unveils mining software to boost efficiency and capacity
The developers at Tether are in the process of preparing the release of innovative JavaScript libraries. These libraries are specifically created to f [...]