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Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge

Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of MergeWhile the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE) published the company’s […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

Bitcoin Mining Firm Luxor Launches ASIC Trading DeskOn January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.” NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas

Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West TexasFollowing a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More

Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K MoreThe China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000 […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in PolandPolish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires IT Specialist for Crypto Mining at Work Officers from […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move