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The company, which uses renewable electricity to mine bitcoin (BTC), also raised $26 million in fresh capital from Sandton Capital Partners, which it intends to use to fund an "aggressive expansion" into North America, according to an announcement shared with CryptoX on Tuesday. That's on top of the $28 million
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When launched in Europe, TMall will focus on selling local brands to local shoppers. It is not yet clear if TMall will be merged in any way with AliExpress which is already present in Europe. Chinese multinational conglomerate Alibaba Group Holding Limited (HKG: 9988) is planning to reach the European market
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Cathedra said the agreement makes it the first publicly listed miner utilizing both on- and off-grid energy. Off-grid energy can allow bitcoin miners to escape some criticism of destabilizing the electricity grid due to the power consumption involved while also providing the option of selling power to the grid should
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A scammer stole around $15 million worth of cryptocurrencies after cloning the user interface of HitBTC, a popular Hong Kong-based crypto exchange. Scammers make off with $15 million According to SlowMist, a crypto compliance expert, this scam has
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Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s
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Larry Cermak, vice president of research at The Block, has announced that he will be taking the reins at the crypto and blockchain news website from interim chief executive officer Bobby Moran — the second change in leadership since reports surfaced that former CEO Mike McCaffrey financed the platform through
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Social media platform Reddit is back online after it identified and implemented a fix for a “major outage” that made browsing impossible for desktop and mobile users for almost six hours.The platform first noted it was offline at 7:18 pm UTC on March 14, according to Reddit Status, and
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The miner signed a hosting deal with bankrupt Compute North in September for a site that is now managed by USBTC. Original Source
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The mining firm will increase its computing power by 25% to 34% after the site goes online. Source
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