Auto Added by WPeMatico

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…

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

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…

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

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…

Continue ReadingMore Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan

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,…

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

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…

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

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.”

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

Russian Parliament Sets Up Working Group on Cryptocurrency Regulations

A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on…

Continue ReadingRussian Parliament Sets Up Working Group on Cryptocurrency Regulations

Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals

China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting…

Continue ReadingRussia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals