This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has been developing this technology for about a year. Marathon Releases Custom Firmware and MARA UCB 2100 Control Board On March 25, 2024, Marathon (Nasdaq: MARA) […] Source: https://news.bitcoin.com/marathon-introduces-custom-firmware-and-control-board-for-enhanced-bitcoin-mining-operations/
Month: March 2024
‘Off the Grid’ Creator Gunzilla Raises $30 Million Ahead of PlayStation, Xbox, and PC Launch
Gunzilla Games announced on Tuesday that it has raised $30 million in funding to support the development and release of its anticipated cyberpunk-style battle royale shooter game Off The Grid, as well as its Avalanche blockchain-based platform GUNZ. The funding round was co-led by CoinFund and Avalanche’s Blizzard Fund, with participation from Republic Capital and Morningstar Ventures. The combined raise…
Meet OrdinalsBot, the Bitcoin Startup Behind the Runestone and Ghostface Killah Drops
Bitcoin Ordinals startup OrdinalsBot—which helped mine the largest-ever Bitcoin block and is working with Wu-Tang rapper Ghostface Killah on Ordinals—announced Tuesday that it surpassed its funding goal with a $3 million seed round led by DACM. The round brings OrdinalsBot’s total funding to over $4.5 million. OrdinalsBot launched in February of last year after Casey Rodarmor released the Ordinals protocol…
Bitcoin Price Blasts Past $71,000 Ahead of Halving
The price of Bitcoin has jumped to a weekly high of more than $71,000, with just a few weeks to go before the cryptocurrency’s much-anticipated block rewards halving. Bitcoin’s price touched $71,000 Monday evening, before pulling back and surging to a high of $71,419.17 Tuesday morning. The cryptocurrency is currently trading hands at $70,955.86, up 5.9% on the day and…
Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining
The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and the Department of Justice, agreed to deal with these crimes swiftly given the damages they cause to the Paraguayan power grid. Paraguay Prepares […] Source: https://news.bitcoin.com/paraguay-to-strengthen-measures-to-fight-illegal-cryptocurrency-mining/
Vave Launches Exclusive $150,000 Porsche Tournament
PRESS RELEASE. Vave, the premier crypto gambling platform, is set to ignite the gaming scene this spring. With its exciting Porsche Tournament, the company offers players the chance to win big, including the ultimate prize of a brand-new Porsche 911! And that’s just the beginning – luxury watches, exotic resort escapes, and other amazing rewards […] Source: https://news.bitcoin.com/vave-launches-exclusive-150000-porsche-tournament/
Bitcoin ETFs See First Green Day After Losing Nearly $1 Billion Last Week
After a straight week of outflows for spot Bitcoin ETFs, the funds took in 228.97 BTC yesterday. That’s the first time the net flow has been positive for Bitcoin ETFs since Friday, March 15. When Bitcoin hit a rough patch of volatility last week, the ETFs saw outflows of nearly $1 billion. At today’s Bitcoin price, that means the ETFs…
Gambling Takes Center Stage in This Year’s March Madness
In a year where legal wagering on sports shattered previous records, the NCAA men’s and women’s basketball tournaments are the pinnacle of sports betting, with an estimated $2.7 billion expected to be wagered through legal channels. Crypto gambling offers fans the ability to pick their winners with crypto. March Madness Betting Increases, With $2.7 Billion […] Source: https://news.bitcoin.com/gambling-takes-center-stage-in-this-years-march-madness/
British Man Who Lost 7,500 BTC Sues for Right to Search Council Landfill
A British computer expert, who inadvertently misplaced a hard drive containing 7,500 bitcoins, has initiated a legal action to compel the Newport City Council to permit him to search through the landfill where the storage device is believed to be buried. Anticipating a further increase in the value of the cryptocurrency, the expert said he […] Source: https://news.bitcoin.com/british-man-who-lost-7500-btc-sues-for-right-to-search-council-landfill/
Iceland’s Prime Minister Vows to Prioritize Food Security Over Bitcoin
Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.” Iceland’s Prime Minister to Shift Power Away From […] Source: https://news.bitcoin.com/icelands-prime-minister-vows-to-prioritize-food-security-over-bitcoin/