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Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023

On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round…

Continue ReadingGenesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023

Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards…

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Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear

Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along…

Continue ReadingBitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear