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"With attractive electricity pricing established last year under an eight-year private party power contract, both facilities are expected to lower overall energy costs for our portfolio, despite rising commodity costs in the energy market," Geoff Morphy, president and chief operating officer of Bitfarms, said in the press release. Original Source
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Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operations to be fully operational next year. Bitfarms estimates it will contribute
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The crypto market has recorded massive losses since May 2022. After the Federal Reserve announced and kicked off interest rate hikes, prices
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The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of
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“Gaming is growing, workstation is growing, AI hyperscale data center is growing, high-performance computing is growing. Quite frankly, I'd prefer that our GPUs were built to be used in those areas," he was quoted as saying at the company’s annual technology conference in 2018. "My preference would be, of course,
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The government of Iran has reportedly started issuing licenses to crypto miners under the new “comprehensive and detailed” regulatory framework approved last week. The authorities previously issued licenses to a number of crypto mining operations but halted the process due to power consumption and illegal mining issues. Iran Resumes Issuing Licenses
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The Digital Finance Cooperative Research Center (DFCRC) is a 180 million Australian dollar (US$124.3 million) program, funded by industry partners, universities and the Australian Government. The 10-year long program will have 25 partners from the finance, academia and regulatory sectors, including the central bank. Original Source
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Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of
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Avatars from the four collections are available for listing and trading on OpenSea. Source
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The first problem is, of course, that there’s no actual slashing rule on Ethereum. Any imposition of one – taking away staked tokens from validators – would be contrived and arbitrary, effectively unconstitutional. Now, you might say, as a young protocol, Ethereum’s governance should be malleable, but the stakes are
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