Cryptocurrency Analysis and News Portal
After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining. The article’s authors claim that bitcoin mining is
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Three crypto advocacy groups have launched a campaign in response to proposed legislation that would remove many incentives for miners operating in Texas.In an April 10 announcement, the Texas Blockchain Council, Chamber of Digital Commerce, and Satoshi Action Fund called on Texas residents to reach out to lawmakers in opposition
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The New York Times’ latest report on Bitcoin (BTC) mining, titled “The Real-World Costs of the Digital Race for Bitcoin,” has irked many BTC proponents — some of whom took to Twitter to call out certain aspects of the report, including saying it was “cherry-picking” data.The NYT article says Bitcoin
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Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the amount of power devoted to the sector has been growing, reaching record highs this year. 1 GW of Electrical Power
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A bill seeking to regulate Bitcoin mining activity in the State of Arkansas has passed in both the House of Representatives and Senate, moving now to the governor's office for approval.According to the bill, the Arkansas Data Centers Act of 2023 intends to regulate the Bitcoin mining industry in the
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Crypto miner Sphere 3D has filed a lawsuit against its partner Gryphon Digital Mining after an allegedly spoofing attack led to the irregular transfer of Bitcoin (BTC), according to court documents on April 7. “Today we filed litigation against Gryphon, the custodial management services provider of our blockchain and cryptocurrency-related services,
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On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range. Bitcoin
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Digital Currency Group’s (DCG) Foundry will soon stop offering free services to its customers. The Bitcoin mining firm will begin charging a pool fee from its members starting April 19, 2023. Foundry has provided its mining pool services for free since its inception in 2019. Foundry, the Bitcoin mining firm owned by the
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Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in that city, according to a local news report. A state supreme court judge ordered its plant closed in early March. The settlement still
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Beverley, who lives about a quarter of a mile away, said she "hasn't slept since it started" operations and that to her, it feels like "living in an airport." Bryan Maacks, who lives about half a mile away, said to him the particular vibration is a constant throbbing hum that
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