Mining
Bitmain to Send 56,000 Antminers to US State of Georgia Under ISW Deal
Chinese mining rig maker Bitmain will send 56,000 Antminers to the U.S. state of Georgia under a deal with ISW Holdings and Bit5ive. ISW plans its Georgia facility to run at 200 megawatts by October 2022, which will cost $62 million. "The Hash" squad discusses the latest move signaling the great migration of Chinese miners out of China, and what it could reveal about the future of the North American mining landscape.
Korea Crypto Damage Assessed, Initium’s News-Based NFTs Sells Out
South Korea’s crypto regulation damage is assessed. Initium media’s news-based NFT collection sells out. China’s Bitmain seals crypto mining deal with ISW Holdings. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Eden Network Raises $17.4M to Shield Ethereum Users From Malicious Miners
Priority transaction network Eden has reportedly raised $17.4 million in a seed funding round led by Multicoin Capital that will help the project fight the menace of miner extractable value (MEV) or the measure of profits miners can make by capriciously reordering transactions within blocks they produce.
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.”
