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Russia, Ukraine Shut Down Several Cryptocurrency Farms

Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities,…

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Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its…

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Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose…

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Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this…

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More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan

Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the…

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Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics,…

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Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July

Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to…

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Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report

The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.”

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