Bitcoin mining energy consumption has been one of the most addressed issues in the crypto space. Concerns over its energy consumption and environmental impact had […]
Bitcoin Mining Company Griid Set To List On NYSE Via $3.3 Billion Merger Deal
Griid, an Ohio-based Bitcoin self-mining company, is the latest Bitcoin miner to list on the New York Stock Exchange (NYSE). It would go public by […]
$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal
In a filing with the United States Securities and Exchange Commission on Tuesday, special purpose acquisition company, or SPAC, Adit EdTech Acquisition Corp, announced it […]
Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report
In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine […]
Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022
Crypto lending firm Celsius Network has expanded its $400 million Series B round from October to $750 million as a result of oversubscription in the […]
Texan Bitcoin mining power demands could jump 5 times by 2023
As the state of Texas faces a rapid influx of Bitcoin mining operations, its electrical infrastructure will have to support the industry’s expected 5,000 megawatts […]
This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin […]
Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager
Swedish financial watchdog’s call for a European Union-wide ban on proof-of-work (PoW) crypto mining, mainly known as the method of minting new Bitcoin (BTC), has […]
Bitcoin bulls in City Hall: Meet America’s crypto mayors
As 2021 comes to a close, Bitcoin (BTC) has had a tumultuous ride this year, with wild price swings that have seen the pioneer cryptocurrency […]
Foundry USA becomes second-largest Bitcoin mining pool amid China ban
New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share […]