The software company that recently started mining bitcoin has purchased an 87,000 square foot data center to increase its mining capacity. CleanSpark, a software and services company that recently ventured into bitcoin mining, has announced the acquisition of an 87,000…
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Bitcoin’s Energy Use Compared To Other Major Industries
The data shows Bitcoin’s energy use would represent just a rounding error in the construction, transportation or healthcare industries. As a civil engineer still working in the construction industry full-time, the burgeoning Bitcoin ecosystem is not an environment where I…
Financial Giant VanEck Files For A Bitcoin Futures ETF
Global Investment Manager VanEck Files With For A Bitcoin ETF, For The Second Time. Global investment manager VanEck has filed with the SEC for a Bitcoin strategy futures exchange traded fund, for the second time, according to CoinDesk. Notably, the…
Compass Mining Sponsors Bitcoin Core Developer Jon Atack For $80,000
Through the facilitation of the Human Rights Foundation, Compass has committed to a one-year donation of $80,000 to Jon Atack. Through the Human Rights Foundation (HRF), Compass Mining has announced their newest commit to sponsor Bitcoin Core contributor, Jon Atack,…
Petroleum Company Plans to Install 1 Million Bitcoin Miners
Black Rock Petroleum Company has entered into agreement with Optimum Mining Host to deploy and operate up to 1 million Bitcoin mining machines. Nevada-based Black Rock Petroleum Company has entered into agreement with Optimum Mining Host to deploy and operate…
Status plans to incentivize node operators for decentralized messaging protocol
According to the project, one of the pushes for its development was Ethereum co-founder Vitalik Buterin recently encouraging developers to consider non-financial applications for DeFi. Ethereum-based project Status has started an incentivization program for node operators around its decentralized peer-to-peer…
Hackers stole at least $600M in Poly exploit across three chains
Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses. In what may be the largest attack in decentralized finance, unknown hackers used an exploit on cross-chain protocol Poly Network to remove at…
Is the cryptocurrency epicenter moving away from East Asia?
It probably came as little surprise last year when crypto intelligence firm Chainalysis declared East Asia the worlds largest cryptocurrency market, accounting for 31% of all cryptocurrency transacted during the previous 12 months. The region has a broad base of…
Major Turkish sports club Fenerbahçe issues fan token on Ethereum
Crypto presents an opportunity to create a significant revenue stream for sports clubs around the world, Fenerbahçe S.K. President Ali Koç said. Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the…
Bears lick their wounds, while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. Bitcoin (BTC) hiked 20% in seven days in an unexpected move that brought the price to its highest level…