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Digital asset mining company Core Scientific mined a total of 1,044 bitcoin in December, taking its total for the year to 5,769.As of the end of the year, Core Scientific held 5,296 BTC (approximately $248 million at current prices), according to an announcement Wednesday.The total of 5,769 BTC in 2021
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Dobson’s departure followed the October exit of Bitcoin Core code maintainer Jonas Schnelli, who cited the stress of increasing legal risks for developers. According to Bitcointalk.org, the maintainers with commit access to Bitcoin’s code currently numbers just three people: Wladimir J. van der Laan, Marco Falke and Michael Ford. There
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Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after three years as he “can no longer dedicate the time required, as I approach the end of my Ph.D.”I am officially stepping down as a maintainer of
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Atlas Technology, which is expanding its North American crypto mining presence, signed a deal for Core Scientific to host more than 100 megawatts of bitcoin mining capacity, Atlas announced Monday.The deal comes as the Singapore-based crypto miner continues to bring more mining power into the U.S. and aims to build
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As defi continues to expand, it risks embracing the very ideology it initially sought to reject as the primary beneficiaries of this new financing paradigm are those who already own digital assets. Replacing Intermediaries Doesn’t Directly Improve Finance When it comes to financial products and solutions, almost everything comes with a catch,
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Cryptocurrency exchange Coinbase has published its proposal for crypto regulation after “more than 75 meetings with stakeholders in government, industry, and academia,” CEO Brian Armstrong revealed. In its Digital Asset Policy Proposal, the company recommends “four core pillars to inform future U.S. regulation.” Coinbase’s Proposal for Crypto Regulation The Nasdaq-listed cryptocurrency exchange
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Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300 megawatt blockchain data center in the city of Denton, Texas.The company is building the data center using “emissions-free power supplemented by renewable energy credits.”“When completed, the new Denton data center will increase the Company’s total
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0xMaki rose to prominence following the exit of Chef Nomi, the founder of the project. Originally a community manager, he became a figurehead and de facto CEO, helping the project grow into one of the preeminent decentralized exchanges in the DeFi space, in addition to expanding it into new products. Source
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Nestle expects to finalize the acquisition of The Bountiful Company during the second half of this year. Nestle SA (Swiss Exchange: NES.N-CH) announced on Friday that it has acquired core brands of The Bountiful Company for USD 5.75 billion. As part of the acquisition, Nestle noted that the transaction will include
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