Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly
Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro
Airdropping crypto, a relatively new method of reverse-crowdfunding, could have huge impact in the geopolitical environment. Airdrops typically involve businesses or crypto projects creating tokens or NFTs to give to their communities as a way to monetarily incentivize adoption of a project. Since the Ukraine has been fighting off a
Airdropping crypto, a relatively new method of reverse-crowdfunding, could have huge impact in the geopolitical environment. Airdrops typically involve businesses or crypto projects creating tokens or NFTs to give to their communities as a way to monetarily incentivize adoption of a project. Since the Ukraine has been fighting off a
Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly
Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro
The debate over proof-of-work mining in the European Parliament has been delayed with energy FUD surrounding Bitcoin mining. The Markets in Crypto-Assets Directive, known as MiCA, was set for vote on February 28th. The agenda was to start negotiations between the body and the Council of the European Union and
China announced an amendment that will allow the courts to jail those found guilty of raising funds via “virtual currency”. China has banned crypto-based fundraising since 2017 and has amended this Criminal Law to increase the punishment to jail sentences which will vary from three years to over ten years
On Tuesday, the Bitfury Group - one of the world’s leading Bitcoin mining technology companies - announced that they were launching a new mining center in Sarnia, Ontario. The facility is already operational and is expected to reach a capacity of 16MW by the end of February and 28MW
In January, a title listed in the program for the 2022 International Solid State Circuit Conference caught a few eyes in the Bitcoin world. The title was “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC,” and it caught a few eyes because it was being presented by technology giant, Intel.
On February 11th, popular cryptocurrency exchange Coinbase was notified of a possible exploit on their new Advanced Trading platform. The notification came from the pseudonymous white-hat hacker “Tree of Alpha,” who received a $250k bug bounty, the largest ever awarded by Coinbase.
According to a blog posted by Coinbase on
