Crypto Mining
Advisors: Learn Crypto, or Your Clients Will
The disconnect between financial advisors and their clients around crypto has become increasingly apparent, given that 37% of advisors personally invested in crypto compared to up to 83% of their clients that may have, according to one 2023 survey.
BlockFi's Crypto Mining Assets May Be Headed to Market After Bankruptcy Hearing
The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam Bankman-Fried has taken another turn, the court was told.
Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners
Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.
New York Imposes 2-Year Moratorium on New Proof-of-Work Mining After Gov. Hochul Signs Bill
The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) cryptocurrency mining.
Crypto Mining Data Center Firm Soluna Tumbles After Capital Raise
The company raised about $2 million in a share sale.
Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee
ETHW initially stumbled, but mining support from Binance customers could in theory help.
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
Marathon Digital’s primary mining hosting provider, Compute North filed for Chapter 11 protection Thursday afternoon.
Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners
The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing.
Vitalik Buterin Says Ethereum Merge Cut Global Energy Usage by 0.2%, One of Biggest Decarbonization Events Ever
Ethereum now spews out less carbon dioxide than a few hundred U.S. households, according to a report.
White House Calls for Crypto Mining Standards to Minimize Environmental Impact
The report is the first public response to U.S. President Joe Biden's executive order on crypto, and also called for standards to be set to reduce energy usage.
