Bitcoin miners show mixed performance in September amid market volatility
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency. Go to Source
crypto mining
Auto Added by WPeMatico
Hut 8 pays off $38M Anchorage Digital loan as it looks at AI expansion
Anchorage Digital converted the debt into common stock at a 51% premium. Go to Source
Email auto-reply vulnerability allows hackers to mine cryptocurrency
Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users’ systems to mine cryptocurrency without their knowledge. Go to Source
Bitfarms postpones ‘special meeting’ over Riot’s board change demand
Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision. Go to Source
Kazakhstan mulls Binance, Bybit for digital asset trading
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan. Go to Source
Converting mining sites to AI data centers isn’t seamless: Sabre56 CEO
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle. Go to Source
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing for regulatory feasibility. Bank of Russia Explores Stablecoin Use for Cross-Border Transactions … Read more
Russia Set to Launch Crypto Payment Trials Next Week, Report
Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the National Payment Card System and could lead to the establishment of crypto trading platforms if successful. Legislation was recently passed to legalize crypto mining and … Read more
Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry. Go to Source
Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These two digital currencies currently offer the highest profitability for miners, according to the latest … Read more
