crypto mining

Finland is rapidly positioning itself as a leading destination for cryptocurrency mining, attracting global attention for its innovative use of renewable energy sources and competitive electricity costs. With a climate that naturally supports the cooling needs of mining operations and an energy sector increasingly powered by hydro, nuclear, solar, and wind energy, Finland offers a compelling combination of factors for miners seeking efficiency and sustainability. The country’s commitment to renewable energy…

Crypto exchanges that connect buyers and sellers directly without Wall Street-style middlemen are under pressure to improve their services amid a decline in market share. These so-called decentralized platforms facilitate trading via algorithmic, blockchain-based software known as smart contracts, with users retaining custody of tokens rather than handing them to an intermediary institution. Crypto diehards predicted a golden period for peer-to-peer trading venues such as Uniswap and dYdX after last November's collapse…

Top cryptocurrency Bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called "crypto winter" is over. Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the US Federal Reserve ends its interest rate-hiking cycle and improved profitability of crypto mining, Standard Chartered's head of digital assets research Geoff Kendrick said in a note. "While sources of uncertainty remain, we think the pathway to the USD…

For investors living on the digital edge, bitcoin is starting to look a little old-fashioned.Hooked on high growth, some are turning away from the original cryptocurrency - designed as an alternative to regular cash - in favor of its descendants created as native tokens of blockchain platforms that host smart contracts and apps. MarketVector's Smart Contract Leaders Index, which tracks major tokens of this kind - including ether, dot and solana - is up 36% in 2023, outpacing even bitcoin's 33% rise. Solana's token is up…

Bitcoin's new year rally is resuscitating many crypto-mining companies seeking to escape from near financial ruin after one of the most devastating quarters ever for the nascent industry. Whether they succeed in making a comeback remains in question.High electricity costs, a plunge in digital assets prices and persistent network competition in the fourth quarter slashed mining profit margins and made it difficult for miners to stay afloat. Core Scientific Inc., the largest public Bitcoin mining company by computing…

Finance Minister Nirmala Sitharaman told Parliament that India has taken on board the G20 member nations to formulate a standard operating protocol to regulate crypto mining.Replying to a question on crypto mining regulation in the Lok Sabha during Question Hour, she said that under its G20 presidency, India is "raising this issue and having detailed discussion with the members so that a standard operating protocol emerges after the discussions in the G20 so that there is a coherent, and comprehensive approach in bringing…

A Bitcoin rebound has put crypto mining stocks on course for their best monthly performance in at least a year, providing some respite from the debt and energy-price worries that pummeled the shares in 2022. A Bitcoin rebound has put crypto mining stocks on course for their best monthly performance in at least a year, providing some respite from the debt and energy-price worries that pummeled the shares in 2022. The 20-member MVIS Global Digital Assets Mining Index is up 64% so far in January, outstripping Bitcoin's…

In an effort to become a haven for crypto mining, Texas has aggressively lured miners with cheap power and favorable regulations. The digital gold rush in Texas is losing its luster as Bitcoin miners grapple with financial woes, leaving behind what some fear will be a wasteland of unfinished sites and abandoned equipment. In an effort to become a haven for crypto mining, Texas has aggressively lured miners with cheap power and favorable regulations, prompting many to take out billions in loans to buy pricey…

There are many websites that use the hardware on your phones and computers to mine cryptocurrency, which in turn could be very harmful for your devices. The worst part here is that there's no easy way to find out which website is harmful and which one is not, since many of them don't inform you that they use your device to mine cryptocurrency.Instead, all it requires is a few lines of code in Javascript that runs in the background while you browse the Web and then you could witness slow speeds on your system, reduced…

Intel is investing in blockchain technology with a new chip that could be used to mine cryptocurrency and the company's key focus, according to Senior Vice President of Intel's Accelerated Computing Systems and Graphics Group, Raja Koduri, is on sustainability with plans to "develop the most energy-efficient computing technologies at scale." Koduri claims that Intel's new mining chips will be available later this year with US electric power company GRIID Infrastructure, crypto mining firm Argo Blockchain, and Jack…