Montana Passes Crypto Miner Rights Bill
Montana's House of Representatives passed a landmark bill that seeks to enshrine the rights of crypto miners and prohibit local authorities from obstructing crypto mining operations. The bill, numbered 178,…
Venezuela Shuts Down Crypto Mining Operations
Venezuela, a country known for its volatile political climate, has recently made headlines for shutting down several crypto mining facilities throughout the country. According to reports from local media outlets…
Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value
Prominent Bitcoin (BTC) mining firm Core Scientific has revealed in a court filing that it is contemplating bankruptcy as a possible solution since it is unlikely to be unable to…
Greenidge Generation Recruits New Executive Leaders, Forecasts Losses in Q3
Bitcoin mining company and zero carbon power plant supplier Greenidge Generation has announced a transition of leadership and a possible loss in Q3. According to the press release, the CEO,…
Latvian National Extradited to the U.S for Crypto and Wire Fraud
Ivars Auzins, a Latvian citizen, accused of committing securities and wire fraud using eight companies that were alleged to mine or invest in crypto assets, was extradited to the United…
Core Scientific Offloads 7,202 BTC Worth $167m in June
American Nasdaq-listed cryptocurrency mining firm Core Scientific has shared its operational update by selling over 7200 Bitcoins in June. As announced by the firm, it sold as much as 7,202…
White House Heightens Scrutiny on Crypto Miner’s Energy Consumption
The Biden Administration is making detailed preparations for policy recommendations to lower crypto mining’s energy usage and emissions footprint. The move marks the government's further entry to a little-understood industry…
Bit Origin Limited Signs LOI to Acquire 30.62% Equity Interests in Horizon Mining Ltd
Bit Origin Limited, an emerging cryptocurrency mining firm based in the US, has announced recently that it has signed a Letter of Intent (“LOI”) to acquire 30.62% equity interest in…
Luna Trading Draws Online Discussions in China Despite Crypto Ban
As the ever-evolving cryptocurrency is gaining global attraction the value of some of the world’s most prevailing digital currencies and non-fungible tokens (NFTs) has increased the curiosity of Chinese locals,…
Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022
Bitfarms Ltd, a Canadian Bitcoin mining company, announced its financial results for the first quarter ended March 31, 2022. Bitfarms said on Monday that it has mined 961 Bitcoin (BTC)…