In a recent report, Cipher Mining (CIFR) revealed plans to acquire new infrastructures to optimize its mining capabilities. The report
Category: Crypto Mining
JP Morgan Officials Envisage Ethereum to Outdo Bitcoin in 2024
As the crypto community eagerly waits for the next bull run, officials at JP Morgan Chase are still skeptical that
El Salvador’s Bitcoin Volcano Bond Receives Regulatory Approval
The pursuit to become the burgeoning crypto hub in Central America has compelled El Salvador to create a friendly environment
Core Scientific Proceeds with Restructuring Plans
On Monday, October 30, the Austin-based Bitcoin mining company Core Scientific was pleased to announce plans to move forward in
Tether Promotes Paolo Ardoino from CTO to CEO
In the interesting turn-of event, Tether, the world’s largest stablecoin issuer, re-engineered its business operation to become a tech-friendly organization.
Iris Energy Acquires 248 Nvidia GPUs for Supporting Generative AI and Bitcoin Mining
The Australian Bitcoin mining company Iris Energy has secured 248 state-of-the-art mining machinery from Nvidia. The newly obtained graphic processing
Laos Suspends Electricity Supply to Crypto Mining Sites Due to Outstanding Bills
A report issued by a public electricity distribution center Électricité du Laos (EDL) revealed plans to suspend the supply of
Central African Republic Set to Tokenize Natural Resources through Blockchain Technology
In a recent publication, the Central African Republic (CAR) regulators revealed plans to use blockchain technology to tokenize the country’s
US Banking Advocacy Group Supports Senator Warren’s Anti-Money Laundering Bill
In a recent report, the US banking advocacy group led by the Bank Policy Institute (BPI) supported a crypto bill
Marathon Digital Top Executives Sued for Breaching Fiduciary Duties
Marathon Digital has been accused by its key shareholders of violating fiduciary duties to enrich the top executives. In a