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Why Ethereum Miners Are Making A Million Dollar Bet Against Proof-of-Stake
Friday, August 13, 2021 - 11:25am | 492Read More...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...
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GoMining Aims At Providing Cheap, Eco-Friendly, And Profitable Bitcoin (BTC) Mining
Thursday, July 22, 2021 - 10:37am | 724Read More...GoMining offers holders and miners a profitable channel to earn Bitcoin (BTC) via its native GMT token without having to buy expensive mining equipment or spend high electricity fees. If you have interacted with Bitcoin (BTC), the largest cryptocurrency, you probably know that mining is how you...
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After NASDAQ Listing Canadian Blockchain Firm HIVE Acquires 3000 Bitcoin Miners
Monday, July 12, 2021 - 2:14pm | 385Read More...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:...
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US Mining Company TeraWulf Buys 30,000 Bitcoin Mining ASICs Ahead Of IPO
Wednesday, June 30, 2021 - 7:44pm | 305Read More...The U.S. cryptocurrency mining company TeraWulf ordered 30,000 Bitcoin (CRYPTO: BTC) mining application-specific integrated circuits (ASICs) from the world's leading specialized hardware producer Bitmain. What Happened: According to an official announcement, TeraWulf signed an...
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Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level
Monday, June 14, 2021 - 1:00pm | 424Read More...Bitcoin (CRYPTO: BTC) has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again. What Happened: CoinMarketCap ...
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Texas Regulators Move To Allow Banks To Custody Crypto Assets
Friday, June 11, 2021 - 4:24pm | 391Read More...What Happened: A notice issued by the Texas Department of Banking on June 10 shows that state-chartered banks can provide customers with virtual currency services on condition that the bank has applicable protocols in place to manage risks and comply with the law. “While...
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Square Invests $5 Million To Build Solar-Powered Bitcoin Mine With Blockstream: Here's What You Need To Know
Tuesday, June 8, 2021 - 10:31am | 555Read More...What Happened: Jack Dorsey’s digital payments company Square Inc (NASDAQ: SQ) and Bitcoin infrastructure startup Blockstream have joined forces to build a 100% solar-powered Bitcoin mine. According to a press release shared by Blockstream earlier this week, Square will invest $5 million in...
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High Power Consumption: Are Cryptos Becoming A Climate Killer?
Friday, June 4, 2021 - 10:39am | 1335Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. In the last few years, many things have happened. The development of the human race is an interesting and fast one but definitely not...
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Tesla Competitor Becomes First To Mine Dogecoin, Bitcoin, Ethereum With Parked Electric Cars
Wednesday, June 2, 2021 - 12:11pm | 364Read More...A Canadian electric car can now double as a cryptocurrency mining device for Bitcoin and Dogecoin. What Happened: Daymak Inc, a Canadian electric vehicle manufacturer, has announced that its upcoming Spiritus electric car would be capable of mining cryptocurrencies while parked. The...
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Bitcoin Mining Reportedly Caused Deaths In Chinese Coal Mines
Wednesday, May 26, 2021 - 5:18pm | 401Read More...Last week, Chinese regulators decided to crack down on the mining of Bitcoin (CRYPTO: BTC) and other cryptocurrencies partly due to environmental concerns and a surge in the illegal coal extraction. What Happened: According to Fortune, Chinese authorities pushed against crypto mining...
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Crypto Mining Might Be In Danger In The State Of New York With This New Bill
Friday, May 7, 2021 - 1:40pm | 360Read More...A bill proposed in the New York State could force local miners of Bitcoin (CRYPTO: BTC) and other crypto assets to move or stop their activities for three years. What Happened: The New York Senate Bill 6486 was proposed by a Democrat senator and Chairman of Committee on Energy and...
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Microsoft, Intel Collaborate To Drive Crypto-Jacking Malware Endpoint Detection
Monday, April 26, 2021 - 2:29pm | 198Read More...Microsoft Corp (NASDAQ: MSFT) Defender for Endpoint extended the use of Intel Corp (NASDAQ: INTC) Threat Detection Technology (Intel TDT), beyond the accelerated memory scanning abilities, to initiate central processing unit (CPU) based crypto mining machine learning...
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Exclusive: Esports Entertainment Group Launches Crypto Mining Application For Idle Gaming Computers
Thursday, April 15, 2021 - 8:14am | 333Read More...The eSports and online gambling company Esports Entertainment Group Inc (NASDAQ: GMBL) announced a new cryptocurrency-related platform Thursday. What Happened: ggCircuit, a company being acquired by Esports Entertainment Group, is planning to launch its ggFuze distributor computing platform...
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Argo Blockchain And DMG Launch World's First 'Green Bitcoin' Mining Pool
Friday, March 26, 2021 - 5:28pm | 355Read More...U.K.-based crypto mining firm Argo Blockchain PLC and Canadian firm DMG Blockchain Solutions Inc will launch the world’s first clean energy Bitcoin mining pool. The mining pool termed “Terra Pool” will be aimed at better managing the impact of Bitcoin mining on the...
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Bitcoin Mining Revenue On The Rise: Miners Record $64M In A Single Day
Friday, March 19, 2021 - 9:33am | 409Read More...Bitcoin miners earned over $64.386 million in daily revenue on March 18 – the highest level in the coin’s history, according to data from blockchain.com. What Happened: The recent price rally to $61,000 has led Bitcoin mining operations to be an incredibly lucrative opportunity for...
















