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The nonfungible token marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding round.In a Wednesday announcement, Autograph said Andreessen Horowitz, or a16z, and VC firm Kleiner Perkin co-led the $170-million Series B round with contributions from crypto investor Katie Haun’s firm,
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A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining
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Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices have also provoked protests that could potentially affect
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Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting
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In the past few years, crypto derivative trading has taken off. There is another way to buy and hold cryptos that have appealed to traders who want to make the most out of price movements by using leverage. However, there are risks associated with CFD trading, especially when it comes to
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The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners Pay More for Power The ongoing crackdown
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Cryptocurrency lender Celsius Network has further invested $300 million for its bitcoin mining operations in North America, taking the total investment this year to $500 million, according to a report from The Block.The $300 million comes after Celsius invested $200 million earlier this year in bitcoin mining equipment and equity
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Two Sigma, the technology-focused hedge fund based in New York, is looking to hire a Crypto Operations person to help build out the firm’s emergent cryptocurrency trading business, according to a recent job posting.The open position to Join Two Sigma Securities’ crypto trading business is based in London.“We are seeking
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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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It all started with mining Bitcoin (BTC) in a dorm room. What started as a hobby with a few mining rigs scaled into twenty industry-scale mining farms across the globe. Because we scaled our operations in a new industry, we had to discover what worked and what didn’t through trial
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