Genesis Digital Assets raises $431 million
American mining company Genesis Digital Assets announced a strategic investment round of $431 million.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Genesis Digital Assets raises $431 million
American mining company Genesis Digital Assets announced a strategic investment round of $431 million.
Glassnode: Evergrande uncertainty spurs hodlers to sell
Driven by the uncertainty surrounding Evergrande, the risk-off move prompted long-term Bitcoin holders to sell. However, price action and on-chain data proved broadly resilient, according to Glassnode analysts.
Compass launches home Bitcoin mining solution
The mining company Compass unveiled a home bitcoin mining hardware delivery service and access for retail miners to the F2Pool pool.
Canaan to buy back up to $20 million of its own shares
Nasdaq-listed cryptocurrency mining equipment maker Canaan announced a share repurchase program of up to $20 million. The proposal was approved by the company's board of directors, according to a statement.
Researchers compare the electronic waste of a single Bitcoin transaction to the disposal of two iPhones
One Bitcoin transaction generates electronic waste weighing as much as two iPhone 12 minis. Economists at the Dutch Central Bank and MIT reached this conclusion in a joint report.
Laos legalises cryptocurrency mining and trading
Laos authorities have approved mining and trading of Bitcoin, Ethereum and Litecoin by six companies. The move comes a month after warnings from the central bank about risks associated with cryptocurrencies, according to Laotian Times.
Inner Mongolia authorities have hired a contractor to tackle illegal mining.
The Inner Mongolia Development and Reform Commission (DRC) hired a contractor to provide the regulator with a solution to monitor illegal cryptocurrency mining operations.
Canaan posts record quarterly revenue of $167.5 million
In the second quarter of 2021, Canaan's revenue from its mining equipment manufacturing stood at $167.5 million. This marked the highest quarterly sales volume in the company's history.
Lawyer sought 15 million rubles for return of seized mining equipment
Law enforcement officers in the Orenburg region detained a lawyer while receiving 15 million rubles from a participant in a mining-related criminal case. The Investigative Committee said so.We use cookies to improve the quality of our service.
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