Mining
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.”
Bitmain to Send 56,000 Antminers to US State of Georgia Under ISW Deal
It will cost $62 million to bring 200 MW to the Georgia facility.
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.
Arcane Crypto Orders First Batch of Mining Rigs
The Norwegian investment firm is entering crypto mining.
Bitcoin Miner Profits Remain High Despite Surges in Mining Difficulty
Today’s 4.5% increase is the fourth consecutive upward difficulty adjustment. But it’s slowing.
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.
Crypto Mining Firm The9 to Launch NFT Platform in Q4
The Shanghai firm is the latest to enter the booming digital collectibles market.
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.
Bitcoin Hashrate Could Return to Record Sooner Than Expected
Chinese miners have been speeding up their migration to alternate locales while U.S. miners are expanding their capacity as bitcoin’s price rallies.
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.
