Most bitcoin stocks were up on Wednesday by the end of the trading session. Bitcoin’s price was around $19,600 at the time of publication, according to TradingView. After announcing its June ope...
Tag: Bitcoin mining
U.S. Treasury Sanctions Russian Crypto Mining Operation Amid New Token Launch
In a press release today, the U.S. Department of the Treasury is taking action against companies in Russia’s virtual currency mining industry. The Office of Foreign Assets Control (OFAC) designated Bi...
Is Bitcoin Really That Bad For The Environment?
Green money Getty Images In March, The New York Times declared to its readers that a “single bitcoin transaction now requires more than 2,000 kilowatt-hours of electricity, or enough energy to power t...
Bitmain-Backed Crypto Mining Company Reaches $1.5 Billion SPAC Merger To Go Public
Leo Lu, founder and CEO of BitFuFu. Courtesey of BitFuFu Cryptocurrency mining services company BitFuFu, backed by industry giant Bitmain, is slated to go public in the United States by merging with a...