Auto Added by WPeMatico

Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining

"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate," said Kristina Littman.

Continue ReadingNvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining

Kazakhstan ramps up power consumption reporting requirements for crypto miners

Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption.

Continue ReadingKazakhstan ramps up power consumption reporting requirements for crypto miners

Bitcoin Miner Argo Blockchain Borrows $70M to Buy Equipment for Texas Site

Popular Bitcoin miner Argo Blockchain has announced taking on additional debt under Argo’s equipment financing agreement from a subsidiary of New York Digital Investment Group (NYDIG). The move will help…

Continue ReadingBitcoin Miner Argo Blockchain Borrows $70M to Buy Equipment for Texas Site

Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher

Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH…

Continue ReadingBitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher