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BitCluster, a cryptocurrency mining company in Russia, is setting up shop where few dare to wander.A new mining farm above the Arctic Circle, in the industrial area of Norilsk in the Taymyr Peninsula, will provide 11.2 megawatts of power for mining bitcoin. The farm will be working as a “mining
Read MoreAsic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware. The company's CEO Artem Bespaloff told Cryptox that he has created a trusted platform for second-hand mining equipment that operates without any middlemen:"[It's] the first and only online marketplace where
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The MXC Exchange presents the first-of-its-kind liquidity mining product EQL that offers a loss compensation facility to users for staking their investments in the DeFi space. This product will set a new precedence for offering merit-oriented investment services to DeFi market investors.On Wednesday, October 7, the world’s leading digital assets
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Three of the largest asset managers are diversifying their funds to hold blockchain stocks, throwing more establishment financial might behind bitcoin’s technology.Charles Schwab has begun purchasing shares of Riot Blockchain, joining Fidelity and Vanguard – already investors in Riot, HIVE Blockchain Technologies, Hut 8 and BC Group – in allocating
Read MoreThe newly released generation of Nvidia graphics cards, the RTX 3000 series, is generating some buzz among miners as it is expected to be a vast improvement over the previous generations.While the cards were initially speculated to be only a minor upgrade, new information seems to confirm that they could
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Iran-based bitcoiner Zahra Amini was used to answering questions on cryptocurrencies, but usually about their relationship with crime. So when a 70-year-old man recently asked her to explain crypto because he no longer wanted to rely on the national rial, Amini felt something had changed. “If people that age are thinking
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The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control. Source
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Helium’s plan to create a decentralized wireless network may be about to gain altitude. The company, which aims to create a token-powered wireless network for Internet of Things (IoT) devices, announced Tuesday it’s no longer the sole manufacturer of Helium hotspots, which create the Helium network by mining the project’s HNT
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OKEx Earn, a collection of DeFi services offered by the global crypto spot and derivatives trading giant OKEx
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A former government contractor in Australia who mined crypto using state-owned supercomputers has avoided jail time. According to The Sydney Morning Herald, Jonathan Khoo was ordered to complete 300 hours of community service for installing code on two supercomputers run by Australia’s Commonwealth Scientific and Industrial Research Organisation, or CSIRO, to
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