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Search Results for: crypto mining

KBW2023: Exploring Web3’s Frontiers at Asia’s Premier Blockchain Conference

FactBlock, a Web3 ecosystem accelerator and the organizer of KBW2023, along with co-host Hashed, a well-known Web3 venture fund based in South Korea, are excited to make this announcement that participants attending the 6th Edition of the Korea Blockchain Week will have the opportunity to hear from the most influential

August 30, 2023 4 mins read

Tether Expands Reach with Bahamas’ Britannia Bank

Tether (USDT) , the widely-used stablecoin, has recently taken strategic steps to enhance its operational landscape. Reports indicate that Tether has entered into a collaboration with Britannia Bank & Trust, a private bank situated in the Bahamas. This venture aims to streamline dollar transfers within Tether. Moreover, sources familiar with

August 30, 2023 3 mins read

Cathedra Bitcoin Announces Second Quarter 2023 Financial Results

TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 805,355) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) (“Cathedra,” the “Company,” or “we”), is pleased to announce the results of our operations for the second quarter and six months ended June 30, 2023 (“Q2 2023”). Second Quarter 2023 Financial Highlights Our mining operations produced 77.15

August 30, 2023 6 mins read

Binance Drops Banco de Venezuela Support for P2P Trading

Binance no longer accepts Banco de Venezuela as a funding source for its P2P trading service. Similar actions were taken with Russian banks last week, so this is certainly an attempt to comply with international financial crackdown. Users in Venezuela claim that Binance has removed Banco de Venezuela as a

August 29, 2023 2 mins read

Bitcoin Miners Struggle as Profit per Terahash Reaches Record Lows

The “hash price” of Bitcoin mining, which is the amount of money miner’s make per terahashes per second, has fallen to levels not seen since the FTX crash of November 2022, despite the fact that the hash rate has hit all-time highs. On August 18, the Bitcoin network’s hash rate

August 28, 2023 1 min read

Binance’s CZ says DeFi taking over. Here’s Why?

In a striking turn of events, Uniswap, the leading decentralized exchange, has emerged as the forerunner in the realm of spot trading volume, outpacing Coinbase, the prominent U.S. crypto exchange, throughout the course of 2023. A recent report by Bitwise’s crypto asset manager, Ryan Rasmussen, reveals a compelling trend that

August 25, 2023 2 mins read

Shibarium Mainnet Relaunched: BONE Price Surges 14%

After days of examining, testing, and fine-tuning, the Shiba Inu team lead by primary developer Shytoshi Kusama relaunched the Shibarium mainnet. Post announcement that Shibarium is now again operational, the price of Shibarium’s gas token Bone ShibaSwap (BONE) jumped by 14% in the last 24 hours as per data from

August 24, 2023 2 mins read

Bitcoin Network’s Hash Rate and Difficulty Reach New Highs

The underlying Bitcoin network is not looking to follow the negative BTC price behavior. New records have been set for both difficulty and hash rate, as verified by the most recent on-chain statistics. Bitcoin miners seem to be unfazed by the recent price decrease of 10%. On August 22nd, the

August 23, 2023 1 min read

Ault Alliance Subsidiary, Sentinum, Inc., Initiates Construction on its Montana Data Center

LAS VEGAS–(BUSINESS WIRE)–$AGREE #20_megawatts—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its wholly owned subsidiary, Sentinum, Inc., formerly known as BitNile, Inc. (“Sentinum”) has commenced construction in Montana of its next data center. As previously disclosed, Sentinum’s wholly owned subsidiary,

August 23, 2023 4 mins read

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2023

Total Revenue Equivalent in BTC Increased 23% M/M Total Operational Capacity as of July 31, 2023 was approximately 96 Megawatts Capacity to support approximately 27,636 miners SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for

August 23, 2023 5 mins read