Crypto Survival Mode? Bitcoin Mining Giant Lends Over 7,000 BTC Amid Operatio...
Marathon Digital (MARA) is one of the largest players in the Bitcoin mining space, and it has just unveiled a new approach to managing cost of operations. In a bid to ease financial pressures and generate returns, the company is lending 7,377 BTC, or about 16% of its deposit. This strategic play demonstrates how the […]
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Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope With the High Demand According to Igor Runets, CEO and founder of the Russian mining company Bitriver, American and European investors are moving their infrastructure from China, Africa, and Latin America to Russia. The main reason behind the shifting move is the expensive costs of electricity....
A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity.
The new DualMiner USB miner is one of the first entries of ASIC's into the Scrypt mining domain using the Gridseed, and we here at CCN first reported about these ASICs all the way back in January. Love them or hate them Scrypt ASICs are here. In the case of the DualMiner it an easy to afford and use USB ASIC that also brings a vastly lower watt per kh/s ratio to GPU miner setups. The deal with the DualMiner is it can mine both BitCoin SHA-256 and Scrypt coins (such as LiteCoins) at the same time if desired. With an easy dip switch setting, it will mine Scrypt at nearly double the dual rate....
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months.
Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining
The executive power in Kosovo has approved certain steps to ensure sufficient energy supplies for homes and businesses during the next weeks and months. Tass news agency reports that the respective decree has been published by the government in Pristina this....
Talos is emerging from stealth mode to serve crypto brokers, custodians, exchanges and over-the-counter (OTC) trading desks.