bitcoin mining

If Bitcoin (CRYPTO: BTC) bulls are right and the coin's price reaches a price of $500,000, there could be dire consequences for the environment. What Happened: According to a Tuesday Fortune report, Bitcoin's "notorious carbon footprint" may inexorably increase...

Even as Ethereum (CRYPTO: ETH) inches closer towards being a Proof-of-Stake (PoS) coin, miners and manufacturers have ramped up the production of Ether mining machines. What Happened: According to a report from CoinDesk, mining companies like Hut 8 Mining (OTCMKTS: HUTWF) and HIVE Blockchain...

High-performance computing solutions provider Canaan Inc (NASDAQ: CAN) won a purchase order for 17,352 bitcoin mining machines with an aggregate operating hash power of 1.5EH from Mawson Infrastructure Group Inc (OTCQB: MIGI). Canaan will deliver the latest...

The months of June and July were among the busiest for SPAC merger votes so far in 2021. August is now filling up with several deal votes happening each week. Many of the July merger votes acted as catalysts with shares seeing sharp increases or decreases on their last few days trading under...

Spiritus, an electric car made by light electric vehicle manufacturer Daymak, managed to mine $350 of cryptocurrency in one month. What Happened: According to a Friday announcement, the mining profits generated by the car can significantly offset its monthly payments and purportedly...

Cloud-based omnicommerce and payment company OLB Group Inc (NASDAQ: OLB) has expanded its operations into the field of mining cryptocurrency with the launch of its newly formed subsidiary DMint. What Happened: DMint plans to employ a cost-efficient and green business model by utilizing ASIC...

Bit Digital Inc. (NASDAQ: BTBT) shares are trading higher Monday, likely moving alongside Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). The cryptocurrency-related stock typically trades in sympathy with the rest of the cryptocurrency market. Bit Digital was up 15.56% at $10.40 at last...

Los Angeles-based entrepreneur Idan Abada is on a mission to democratize Bitcoin (CRYPTO: BTC) mining, and the rig that his firm is selling allows people to get started with under $1,000. What Happened: According to a Wednesday CNBC report, Abada made his $875 Bitcoin...

Investors are still waiting on a Bitcoin (CYRPTO: BTC) ETF, but may have an alternative with a new actively managed clean energy crypto mining ETF launched this week. About The ETF: The Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (NYSE: RIGZ) is a new launch that gives investors...

Canadian Bitcoin (CRYPTO: BTC) mining firm HIVE Blockchain Technologies Ltd (NASDAQ: HVBT) has acquired over 3000 Bitcoin mining rigs from Digital Currency Group subsidiary Foundry Digital LLC. Click here to listen to HIVE CEO Frank Holmes on Benzinga's PreMarket Prep Show What Happened:...

The Mechanicville hydroelectric power plant, built in New York in 1897 by the Hudson River Power Transmission company, owned and operated today by Albany Engineering Corp (AEC), has started mining Bitcoin (CRYPTO: BTC). What Happened: According to a report from Times Union, a portion of the...

What Are The Major Concerns? Bitcoin mining has created quite a stir in the marketplace. It's no mystery that Bitcoin mining consumes a lot of energy, resulting in increased carbon emissions. Bitcoin mining refers to the process of verifying bitcoin transactions and documenting them in the...

What Happened: As Chinese regulators clamped down on cryptocurrency mining, Bitcoin (CRYPTO: BTC) miners in the region were forced to shut down operations entirely. The resulting impact was a significant drop in Bitcoin’s hashrate, used to measure the amount of power contributing to mining...

London Stock Exchange-listed Bitcoin mining firm Argo Blockchain PLC (OTCMKTS: ARBKF) is reportedly considering a secondary listing on the NASDAQ. What Happened: According to an announcement from the company on Tuesday, Argo is evaluating a potential NASDAQ listing for strategic purposes...