The Securities and Exchange Commission (SEC) charged John Albert Loar Barksdale and his sister JonAtina (Tina) Barksdale with breaking federal securities laws and cheating at least 12,000 retail inves...
Tag: Mining
Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas – Mining Bitcoin News
On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement wit...
VanEck Launches Crypto Mining ETF
The largest weighting is Riot Blockchain (RIOT) at about 11%, followed by Hut 8 Mining (HUT) at 9.1%, Marathon Digital (MARA) at 8.3%, Iris Energy (IREN) at 7% and Canaan (CAN) at 6.5%. Rounding out t...
Siblings charged over mining coin that turned into alleged $124M fraud
A pair of siblings is now in very hot water with the U.S. government with criminal charges filed against them for allegedly committing fraud in the Ormeus Coin scheme. On Mar. 8, the Securities and E...
Bitcoin Mining Company Blockmetrix Closed a $43 Million Funding Round
Dallas-based cryptocurrency mining organization – Blockmetrix – disclosed it had raised $43 million in a Series B investment round. Thus, the company’s total venture funding reached $50 million. Block...
Can Texas Withstand Its Growing BTC Mining Sector?
Texas has become the go-to state for those looking to mine bitcoin and cryptocurrencies. Several miners who were shut out of their native China have gone to places like Texas to set up new shops and t...
Bitcoin Mining Startup Blockmetrix Raises $43M in Series B Round
Blockmetrix plans to grow rapidly by using the maximum amount of available capital and debt to buy mining rigs, while controlling power costs through various joint ventures, CEO and co-founder Nevin B...
VanEck Has Filed for a New ETF, Focusing on Gold and Crypto Mining Companies
VanEck is planning to launch a new exchange-traded fund (ETF Exchange-Traded Fund (ETF) An exchange-traded fund (ETF) is a collection of a mixture assets, i.e. stocks, commodities, bonds, or cryptoc...
VanEck files for new ETF to track crypto and gold mining companies
VanEck, an investment firm with almost $82 billion in assets under management, has submitted an application to the United States Securities and Exchange Commission (SEC) for the launch of a new exchan...
Green Mining Company HIVE Secures Deal To Buy A Number Of Intel’s New ASICs
The ESG-focused mining company HIVE is the latest organization to sign a deal with Intel. It joins Block, Argo Blockchain, and GRIID, as the first clients and testers of the giant’s new ASICs. Intel’s...
Hive to Buy Intel Mining Chip That Can Raise Hashrate by 95%
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Hive Strikes a Deal With Intel to Buy New ASIC Chips for Bitcoin (BTC) Mining
Crypto miner Hive Blockchain has announced a Supply Agreement with Intel to buy new ASIC chips. Pitched as “high-performing,” these chips will be incorporated into mining equipment that will be custom...
Bitcoin mining firm Hive to buy Intel’s new chip
Bitcoin mining firm Hive announced plans to buy Intel’s new ASIC chip. The deal, coupled with a manufacturing agreement with an original design manufacturer (ODM), is expected to increase Hive’s aggr...
Hive Blockchain’s First U.S Venture: Signs Deal For Intel’s New Mining Chips
A crypto mining company, Hive Blockchain, has partnered with Intel, a California-based tech giant. Hive will be purchasing Intel’s Bitcoin mining chips. COO at Hive, Aydin Killic, expects the company ...
Crypto Mining Is Thriving in the South of Lebanon
Cheap, readily-available electricity has turned the Lebanese district of Chouf into a mining haven. A 21-year-old man, Ahmed Abu Daher has spearheaded a thriving cryptocurrency mining business in Chou...
Nvidia GPUs Get Hacked with Mining Limitations Removed, Here’s What Happens Next
Arman Shirinyan Following the most recent hack of Nvidia GPUs, hackers start blackmailing the company The most recent hack of Nvidia GPUs has increased the efficiency of GPUs from 20 to 40% according ...
HIVE Blockchain Enters Deal For Intel’s New Mining Chips In US
Canadian crypto miner HIVE Blockchain said on Monday it had signed a deal with chipmaker Intel to buy the company’s new ASIC chips for use in building mining equipment. HIVE said the deal was part of ...
Mawson Infrastructure Group (MIGI) Partners With Celsius Mining and Foundry Digital On Hosting Deals
Mawson Infrastructure Group (MIGI) is keen on partnerships these days as the bitcoin mining operation signed a 100-megawatt (MW) co-location agreement with Celsius Mining, according to SEC documents. ...
This is How Malaysia Plans to Fight Electricity Theft for Bitcoin Mining
Malaysia’s national electricity utility is ramping up plans to halt electricity theft which has reportedly been on the rise. This has to do with Bitcoin mining which is supposedly also catching speed....
Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital – Mining Bitcoin News
The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) document...
Will sanctions force Russia into mining?
Since the sanctions were imposed on Russia, whether cryptocurrencies could provide relief has been discussed by many. While some argue that they can behave as a bypass from the sanctions, others claim...
Cointelegraph partners with Nitro Network to bring digital mining and decentralized internet to the masses
Over the past few years, nonfungible tokens (NFTs) have become a multibillion-dollar industry and have solidified themselves among the most tech savvy. They have opened the portal to infinite possibil...
New York Crypto Mining Facility Causes a Lot of Noise for Residents
Residents of a town called North Tonawanda in New York are not too happy about all the noise created by a nearby digital currency mining facility. Located on Erie Avenue, a street used by several neig...
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months – Mining Bitcoin News
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between ...
Ethereum Mining Revenues Drop Significantly
ETH mining is getting less profitable amid the network upgrade of Ethereum. The recent data published by on-chain analysis platform Glassnode shows that the ETH miner revenue has touched a low of $1.5...
Three-Year Bitcoin Mining Ban Bill in New York Backed by State Assemblymen
Eric Adam’s promise of making New York the Bitcoin capital of the world might have to wait after new plans to ban some crypto mining facilities in the state. The state has become a Bitcoin mining hub...
Bitcoin and Ethereum Mining Revenue Tumbled in February
Bitcoin miners saw a further decline in mining profitability in February as Ethereum miners saw a 17% increase in revenue over miners of the digital gold. February proved to be a difficult month for ...
12 stocks in clean energy, fossil fuels and uranium expected to keep soaring — up to 79% from here
The tragedy in Ukraine is having an economic effect on people all over the world as energy prices rise and other supply sources are disrupted. For investors, the day-to-day action is unpredictable. Bu...