Worries have been made concerning an increase in spam after the drop in Luna Classic (LUNC) pricing, and the Terra Classic community is now voting on numerous suggestions. The proposed change would demand a deposit of 5 million LUNC instead of the current 1 million LUNC, which might lead to
To create dynamic minimum commissions for validators depending on voting authority, the Terra Luna Classic community voted in favor of a crucial proposal. The LUNC network’s validators have unanimously approved a proposal to further the decentralization and security of the Terra Luna Classic network. According to the current vote count,
Company Boosts Balance Sheet, Optimizes Operations ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the second quarter ended June 30, 2023.
In the 12th round of the LUNC burn mechanism, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The most recent burn brings the overall number of LUNC tokens burned by the cryptocurrency exchange to 37 billion, and the total number of LUNC tokens burned by the community to over
The Terra Luna Classic (LUNC) community will administer a wallet that is owned by the community and operated by the Joint L1 Task Force (L1TF). The Terra Luna Classic community has approved LUNC validator Happy Catty Crypto’s updated proposal to avoid privatization and emphasize creating wallet infrastructure. As Proposal 11645
Binance, the world’s largest crypto exchange, has announced its support for the Terra (LUNA) network upgrade. The Terra community has successfully passed the on-chain proposal for the Phoenix software upgrade v2.4, with a majority of votes in favor of the upgrade. As a result, the price of LUNA has witnessed
$18M Run Rate Revenue at the 25 MW Data Center ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced the purchase of 8,250 Bitmain Antminer
Ramps Project Dorothy and Kicks Off New Business Plan ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, reported financial results for the first quarter ended March
$14 Million Prop-mining Partnership Completes Flagship ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a $14 million investment partnership with Navitas Global (“Navitas”) for
Agreement Shows Confidence in Business Plan ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced an agreement with the holders of its convertible notes to extend
