Hut 8 Relocating 6400 Rigs, Projects AI Demand and High-performance Computing
Bitcoin miner Hut8 announced the continued relocation of idle rigs within its North Bay site. The mining firm admitted that the segment is experiencing increased...
Tether Commits $1B in El Salvador’s Renewable Energy Initiative
Tether has decided to be a part of El Salvador’s plan to develop a $1B energy project. The organization has announced partnering with El-Salvador, a...
Cambridge Set to Track Ethereum Energy Data Alongside Bitcoin
Cambridge Centre for Alternative Finance (CCAF) is set to unveil a new height to track energy consumption. The change aims to align with Ethereum's usage...
New Report Shows Russia Becomes the Second-Largest Crypto Mining Hub After the US
New data projections concerning the total number of hash rates in the world are pointing to a visible change in the pattern. These projections entail...
UK Establishing Bitcoin Policy Organization for Crypto Education
The dominance of crypto in the market has inspired a group of investors, policymakers, and environmentalists from Britain to develop Bitcoin Policy UK (BPUK). The...
Nvidia Says Crypto Adds No Value to Society Despite Earning From Mining
Nvidia, a computer hardware manufacturer, has generated substantial revenue from the crypto mining sector in recent years. However, the company's (CTO) Chief Technology Officer, Michael...
Russian Crypto Miners Face Potential Prison Sentences for Tax Evasion under Proposed Bill
Reports indicate that the Russian Ministry of Finance proposes severe punishments for individuals who fail to declare cryptocurrency holdings. In addition, the Ministry of Finance...
Why are Crypto Mining Block Rewards Important?
Digital asset miners are extremely significant. They are accountable for developing new virtual asset tokens, evaluating exchanges on the blockchain, and much more responsibilities utilizing...
Leading Trends that are Molding the Future of BTC Mining
One habit that is likely to endure in the future is the growing difficulty of BTC mining. As other investors venture into the industry, the...
AAVE Price Loses 7% Despite V3’s Authorization to Install on Ethereum
Tuesday saw AAVE price dipping to $80 following the failure to beat the resistance region at $88. The latest proposal will enable Aave to install...