Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with Bitmain, a bitcoin mining machine manufacturer. This deal would allow them to acquire an undisclosed number of Antminer S19 XP models, an ASIC capable of delivering 140 TH/s while being more efficient than its previous iterations. Marathon hopes to host…
Month: December 2021
Terra’s Mirror protocol warns community against governance attack
Public blockchain network Terra has confirmed an ongoing scam attack via an official governance poll on Mirror, an in-house synthetic assets protocol. According to Mirror, the attacker launched a public poll on Mirror’s official website, which proposes a freeze on the community pool in case of a scam. NEW MIRROR POLL! ALERT: Poll 211 is SCAM — sending 25,000,000 MIR…
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners – Mining Bitcoin News
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia Granted Permission to Increase Costs for Home Mining Russians mining cryptocurrencies at their homes may expect…
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
Turkey’s President Recep Tayyip Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country. In an effort to counter the falling value of the Turkish lira, President Erdoğan shared plans to implement a new economic model while speaking at a press conference in Istanbul. As…
Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US – Regulation Bitcoin News
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market. Comprehensive Crypto Bill Coming up in US, Says Senator U.S. Senator Cynthia Lummis is…
Tesla CEO Elon Musk Reveals Why He’s Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization – Bitcoin News
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point of failure, and corporate-controlled lies,” he stressed. Elon Musk Shares Why He’s Pro Doge Elon Musk’s Doge explanation came…
Lonely As A Bitcoin Mining Investor
I wandered lonely as an investor That floated around the mining sector First came Hut 8, Riot, Argo and Hive Barely struggling to remain alive Waiting for them to have bloomed 2021 was the year they mooned Along came Marathon, DMG and Bitfarms These new names had their charms But Marathon and DMG wanted to block transactions Only to feel…
5 cryptocurrency projects that made waves in 2021
2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parabolic rally which saw its price gain 565% from Jan. 1 to hit a record high at $4,859 on Nov. 10. While…
Star Patriots Quarterback Mac Jones Gifts Bitcoin to His Entire Offensive Line
Mac Jones, the rookie quarterback sensation and best hope for the 9-5 New England Patriots to extend their decades-long dynasty in the National Football League (NFL), is gifting Bitcoin to his entire offensive line this Christmas. “I’ve been studying Bitcoin for a while now. This year I just knew I had to give some Bitcoin to my teammates,” Jones said.…
Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’ – Featured Bitcoin News
Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wu’s firm Matrixport raised $100 million and joined the crypto industry’s growing list of unicorns. This week an interview with Wu was published and the billionaire said…