WASHINGTON — President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base, calling its proximity to the base a “national security risk.”The…
IntroductionThe first quarter of 2024 was crucial for the Bitcoin mining industry. With Bitcoin’s fourth halving less than a month into the second quarter, miners were accelerating their efforts to capitalize on higher rewards before…
Stablecoin issuer Tether has expanded its mining endeavors by collaborating with Swan’s Managed Bitcoin Mining service.According to the press statement, the firm has dedicated an undisclosed amount of substantial capital to establish its…
While 2024 started with a boom in Bitcoin prices, the year hasn’t been kind to the miners who power the cryptocurrency, with last month’s “halving” cutting the rewards doled out to those operating computers that process the blockchain’s…
Ki Young Ju, the CEO of CryptoQuant, reported the challenges that Bitcoin miners face following the halving of BTC. He noted that the miners haven’t shown any signs of capitulation despite the decline in Bitcoin mining revenue.…
A resolution looks nearer in a dispute involving a cryptocurrency mining operation in Arkansas County after attorneys for Jones Digital LLC and the county met Friday with the federal judge mediating the dispute to propose a consent…
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April 26, 2024 at 9:20 p.m.
by
Dale Ellis
Processors used for bitcoin calculations are shown in this Oct. 15, 2021 file photo. The processors are used to "mine" cryptocurrency,…
Marathon Digital Holdings Inc MARA shares are moving higher after the bell on Thursday after the Bitcoin miner announced an increase to its hash rate target.What Happened: After the market close on Thursday, Marathon Digital said it’s…
A Senate committee voted Tuesday to advance two amended bills meant to impose greater restrictions on crypto mining in Arkansas.Senate Bill 78 and Senate Bill 79, are sponsored by Sen. Joshua Bryant, R-Rogers, and Sen. Missy Irvin,…
Since it was created back in 2009, Bitcoin has been the trailblazer of the crypto world. Climbing to unprecedented heights, everyone wanted a piece of the action, everyone, that is, until the cryptocurrency ran into stormy waters. Of…
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