DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool

DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining PoolThe blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. DMG Blockchain Solutions (TSX-V: DMGI) and Argo Blockchain Plc (LSE: ARB) have recently entered into a Memorandum […]

Hut 8 Joins Foundry’s US Mining Pool, Adds Over 14,000 Bitcoin Mining Rigs of Hashpower

Hut 8 Joins Foundry's US Mining Pool, Adds Over 14,000 Bitcoin Mining Rigs of HashpowerOn Tuesday, the firm Hut 8 Mining Corp., announced that it is joining the Foundry U.S.-based bitcoin mining pool. The publicly-listed mining company said that it added 14,400 machines to Foundry’s mining operation and it also plans to deploy another 5,000 miners by August. Hut 8 Joins Foundry’s US Pool and Adds 14,400 Bitcoin Mining […]

Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com

Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.comA U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool Per the announcement, the online lottery service provider bought the […]

Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate

There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents 0.1 terahash (TH/s). Furthermore, the mining operation […]

An Unknown User Incurs More Than $80,000 in Transaction Fees When Sending BTC Worth $1

An Unknown User Incurs More Than $80,000 in Transaction Fees When Sending BTC Worth $1An unknown person incurred a transaction fee of more than $80,000 or (3.49079570 bitcoins) when transferring bitcoin worth $1.16. According to Blockchain.com, the December 19 transaction, which is included in block 662052, had an input of 3.49084570 bitcoin and an output of 0.00005000 bitcoin. As one report explains, the unusually high fee may have been […]

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Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack

Nicehash Crypto Mining Pool 'Fully' Reimburses All Users Affected by 2017 HackA Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack According to the letter published by Martin Škorjanc, CEO of Nicehash, the company “fully” […]

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