Mining
BSN to Launch South Korea Portal, Canaan Secures Huge Rig Order
China’s Blockchain-based Service Network to launch portal in South Korea. China’s Canaan secures huge mining rig order from Genesis Digital Assets, and a Korean play-to-earn game explodes in popularity despite a ban in its home country.
Bitcoin Hashrate Heading Up?
A new chart reveals bitcoin's hashrate could be heading up. Industry watchers expect a continued uptrend spurred by the recent bitcoin price rally, with Chinese miners speeding up their migration to alternate jurisdictions and U.S. miners expanding capacity. CoinDesk's Galen Moore breaks down the Chart of the Day.
Argo Blockchain Answers Crypto Mining's ESG Challenge
U.K.-based crypto miner Argo Blockchain is calling itself the first publicly-traded cryptocurrency miner to become "climate positive." CEO Peter Wall discusses how his firm has "gone beyond net zero" in carbon emissions and whether renewables-focused mining could push the bitcoin price up further. Plus, his take on the impact of China's crackdowns on mining operations and plans for Argo to go public in the U.S.
Blockstream Raises $210M, Acquires Mining Chip Manufacturer Spondoolies
Canadian bitcoin technology company Blockstream is valued at $3.2 billion following a $210 million Series B raise, which will fund an expansion into manufacturing specialized mining chips (ASICs). The firm has also acquired Israeli bitcoin mining hardware manufacturer Spondoolies.
Iran’s Central Bank Reportedly Bans Trading of Crypto Mined Abroad
According to reports, Iran’s central bank is trying to stop trading crypto mined abroad. Many in the crypto industry are speculating the reported ban is an attempt to stop money flowing out of Iran, but is there more to the story? “The Hash” panel debates.
Want to Mine Chia? Amazon Will Let You ‘Farm’ It in the Cloud
Amazon Web Services is offering Chia mining on the cloud. There’s been a lot of buzz about the new cryptocurrency that relies on a new consensus algorithm called “Proof of Space and Time.”
Ethereum 2.0 Staking Operation Says It has Produced Revenue from its 200 Nodes
The Ethereum network is transitioning from proof-of-work to proof-of-stake. Charles Allen of BTCS, a publicly-traded crypto mining company, gives an update on Ethereum 2.0 and how their proof-of-stake mining operation is going. Plus, is the idea of "clean" bitcoin something to take seriously?
Ethereum Miners Revolt Over Fee Structure Overhaul
Ethereum miners are not happy about EIP 1559, a planned fee-structure overhaul mechanism meant to correct sky-high gas fees. Ethereum miners are making efforts to hold up the network, causing developers to push for a faster timeline for launching Ethereum 2.0.
'When Facts Change, I Change': Shark Tank's 'Mr. Wonderful' Explains His Investments in Bitcoin
Only a month ago, "Shark Tank" co-host Kevin O'Leary was saying bitcoin was too volatile of an asset to make a good investment. Now, the television star is investing 3% of his portfolio into crypto. What changed his mind? "Mr. Wonderful" also discusses his commitment to "ethical" bitcoin mining of "virgin coins." Find out why he thinks the provenance of bitcoin will become the number one issue and how he will capitalize on it.
