Investors Sue Argo Blockchain for Misleading Statements
One of the top cryptocurrency miners in the world, Argo Blockchain, has been hit with a class-action lawsuit for making false claims in their publications...
Tag : crypto mining
BTC.com Suffers $3 Million Loss in a Cyberattack
The parent company of BTC.com, BIT Mining Limited, said that $2.3 million in corporate assets and around $700,000 in client funds were stolen earlier this...
Binance Funds Crypto Mining With $500 Million
The cryptocurrency exchange firm Binance has revealed that it would contribute $500 million to a miner loan project with the intention of bolstering bitcoin mining....
GPUs Prices Fall to the Lowest Level Ever in China After the Ethereum Merge
The Ethereum Merge switches the network’s protocol consensus from PoW to a more environmentally friendly PoS, which eliminates the need for enormous computing power for...
White House Criticizes Proof of Work, Pushes For Greener Crypto Mining
According to a White House study, crypto-asset technologies significantly increase greenhouse gas emissions, pollution, noise, and other local consequences, making it difficult for the United...
Compass Mining Cuts Down 15% Of Workforce
Compass Mining, a company that mines cryptocurrency and provides hosting services, is cutting personnel after two senior executives quit the company last week, saying that...
The New York Senate Passes a Bill to Ban Bitcoin Mining
During an early morning session of the state senate on Friday, New York lawmakers passed a bill banning some types of cryptocurrency mining that use...
The Deputy Minister of Energy Evgeny Grabchak Says That the Regulation of Crypto Mining Is Necessary
The modern world is wrapping its head around the concept of cryptocurrencies and digital assets. It shows that the worth of crypto in the global...