Thumzup Media pours $50 million into crypto mining and treasury expansion

The company is moving into the crypto mining sector to bolster revenue generation.

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All about Trump Jr.-linked firm raising $50M to expand into crypto

Key takeaways Thumzup Media, backed by Donald Trump Jr. , has raised $50 million to invest in crypto mining and blockchain as Bitcoin reaches a new all-time high. This coincides with President TrumpThe post All about Trump Jr.

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France considers redirecting nuclear surplus to state-backed Bitcoin mining

Members of France’s National Rally have championed Bitcoin mining as a way to monetize France’s surplus nuclear electricity. According to French media outlet Le Monde, far-right lawmakers have positioned Bitcoin mining as a practical solution to longstanding energy and economic…

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Russia launches national crypto mining registry to crack down on illegal operations

Russia is intensifying its crackdown on illegal cryptocurrency miners by launching a national registry of mining equipment, which would help identify unregistered operations. According to local media, Russian authorities have already compiled the registry and distributed it to regions with…

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A Must-Learn Lesson for Dogecoin Miners: How to Calculate the Mining Cost of 1 DOGE?

As Elon Musk’s favorite meme coin, Dogecoin was once considered one of the most popular cryptocurrencies in the world. Below are some of Elon Musk’s direct quotes about Dogecoin on social media: The post A Must-Learn Lesson for Dogecoin Miners: How to Calculate the Mining Cost of 1 DOGE? appeared first on AMBCrypto.

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Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital

Marathon Digital, a prominent Bitcoin mining company, has immortalized incoming US President Donald Trump on the blockchain network of the flagship digital asset. On Jan. 17, Marathon Digital CEO Fred Thiel detailed the creation of the “Trump 47” block on social media platform X, saying: “The ‘Trump 47’ block was composed with AI to form […] The post Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital appeared first on CryptoSlate.

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Russia’s Bitcoin mining demand triples amid regulatory shifts and price rally

Russia has seen a sharp rise in Bitcoin mining activity as citizens and businesses turn to crypto mining for additional income streams, local media outlet Prime reported. According to the report, the demand for industrial Bitcoin mining equipment in Russia has tripled compared to the same quarter in 2023.

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Bitcoin To $350,000? Top Crypto Influencer Makes Bold Prediction

Jeremie Davinci, a prominent player in the cryptocurrency domain, has garnered attention with his audacious forecast that Bitcoin may attain an extraordinary value of $350,000. This forecast, lately disseminated on social media, is predicated on historical trends and the present dynamics of Bitcoin mining expenses.

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Russia to limit mining in energy-strapped regions until 2031

Russia has introduced a regional ban on Bitcoin mining, set to begin on Jan. 1, 2025, and remain in effect until March 15, 2031, local Russian media outlet Tass reported on Dec. 24. According to the report, The decision affects ten regions, including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, the Donetsk and Lugansk People’s […] The post Russia to limit mining in energy-strapped regions until 2031 appeared first on CryptoSlate.

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Riot Platforms bolsters Bitcoin reserves with $510 million purchase

Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses.

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Morgan Stanley urges CIOs to explore Bitcoin mining stocks amid rising energy prospects

Wall Street giant Morgan Stanley’s global head of research recommended chief investment officers (CIOs) to consider adding Bitcoin (BTC) mining stocks to their portfolios as new opportunities emerge in energy infrastructure, VanEck head of digital assets research Mathew Sigel shared in a social media post on Oct.

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What is TapSwap: Changing crypto mining with tap-to-earn mechanics

Find out what is TapSwap, the new Telegram-based crypto mining game with tap-to-earn mechanics. Lately, the field of crypto mining has witnessed the emergence of mining operations on social media platforms like Telegram.

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Bitcoin mining 'Made in the USA'? This is Donald Trump's plan

Donald Trump wants all the remaining Bitcoin to be “made in the USA.” Bitcoin's Miner Reserve sat at its lowest since February 2010. In a post on the social media platform Truth Social oThe post Bitcoin mining 'Made in the USA'? This is Donald Trump's plan appeared first on AMBCrypto.

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Texas Shuts Down Arkbit Capital’s Crypto Cloud Mining Fraud

The Texas State Securities Board has issued a cease and desist order against Arkbit Capital for fraudulent crypto mining activities, exposing fake data centers and manipulated media used to lure investors.

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How to earn Bitcoin: mining, trading, and more

Learn how to earn Bitcoin (BTC) through mining, trading, freelancing, airdrops, and incentivized social media. Following the SEC’s approval of spot Bitcoin exchange-traded funds (ETFs) in the U.S. in January, the world’s largest cryptocurrency by market cap has increasingly become…

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Norway regulators clamp down on crypto mining via new law

Regulators in Norway are looking to clamp down on cryptocurrency mining via a new law for data centers operating in the nation. According to a report from local media VG, the new framework will mandate that data centers register officially…

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Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report

A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE.

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Brooklyn spa’s Bitcoin mining-heated pools spark controversy on social media

A New York bathhouse using a Bitcoin mining rig to partially heat its facilities made news and has drawn heat on social media. BATHHOUSE, which opened in 2021, is a trendy Brooklyn spa offering patrons access to saunas, steam rooms, and three on-site pools, two of which are heated to over 90 degrees Fahrenheit—all of […] The post Brooklyn spa’s Bitcoin mining-heated pools spark controversy on social media appeared first on CryptoSlate.

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Russia To Launch $12.3 Million Crypto Mining Farm In Coming Months

The Russian Federation is looking to launch a crypto-mining facility worth over $12. 3 million (900 million rubles) in the coming months. According to a report by local Russian media, RBC, this massive data processing center will be located in Buryatia, a Russian republic in eastern Siberia.

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World’s First National Park Banks On Bitcoin Mining

Bitcoin mining still has a bad reputation among politicians and in the mainstream media due to its large energy consumption. However, the Bitcoin Mining Council, initiated by Michael Saylor, tries to disprove that this is only half the truth with its quarterly reports.

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Research: Bitcoin mining could help slow climate change

The dominant media narrative surrounding Bitcoin has been one of an energy-guzzling digital asset used for speculation. The post Research: Bitcoin mining could help slow climate change appeared first on CryptoSlate.

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KuCoin lists $CMP Caduceus native coin boosting GPU mining liquidity

KuCoin, the world's top digital asset trading platform, will list CMP, the Caduceus Metaverse Protocol native blockchain coin, on September 14th, 2022, according to media reports. A CMP/USDT trading pThe post KuCoin lists $CMP Caduceus native coin boosting GPU mining liquidity appeared first on AMBCrypto.

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Ферма для майнинга

<p> Ферма для <a href="https://bits. media/mining/">майнинга</a> — выделенная площадка для майнинга криптовалют с работающим на ней оборудованием. Фермой может называться как одно-два устройства, так и целый датацентр с тысячами <a href="https://bits.

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Риг

<p> Риг (англ. rig - &nbsp;буровая установка, скважина для добычи нефти) – в криптовалютной индустрии это устройство для <a href="https://bits. media/mining/">майнинга</a> на основе видеокарт (GPU).

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With GARI Mining, Chingari Delivers On Its Promise To Democratize The Creator Economy

The idea of play-to-earn video games has already caught on in a big way, and now Chingari is trying to expand the concept to the world of social media with the launch of its new “engage-to-earn” and “create-to-earn” model for content creators.

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Chingari Revamps The Creator Economy With Unique Engage-To-Earn Concept

The biggest champion of cryptocurrency in social media, Chingari, is now offering an income stream to millions of creators and users of its short video sharing app. India’s TikTok clone has just announced that its GARI Mining program is now live, meaning creators and users of the platform have a way to earn cryptocurrency from doing what they love – creating funny videos, watching them and sharing their favorites with other users.

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Kenya invites Bitcoin mining firms to tap surplus geothermal power

Kenya is looking to become Africa’s first Bitcoin mining hub by inviting Bitcoin mining companies to use surplus geothermal energy to power their operations, according to local media outlet The Standard.

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Wikipedia Considers To Stop Accepting Crypto Donations Because Of The ESG FUD

Even Wikipedia fell for the environmental FUD surrounding Proof-Of-Work mining. A proposal to “stop accepting cryptocurrency donations” is currently under discussion. It starts with the same thin arguments that the whole mainstream media irresponsibly uses.

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Argentina: First Bitcoin-indexed ETF makes debut this week

While the media is following the rise of Bitcoin in El Salvador, another Latin American country may soon be active - Both in terms of Bitcoin adoption and Bitcoin mining. This week, Argentina reporThe post Argentina: First Bitcoin-indexed ETF makes debut this week appeared first on AMBCrypto.

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Russian regulators want to mine crypto through wasted flare gas

Mining digital assets in Russia could take a new turn in the near future as regulators in the European country are considering using waste natural gases for mining purposes, this was revealed by a report from a local media house, Kommersant.

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New Poll Shows Increased Support for Cryptocurrency Legalization Among Texans

While Texas has become a hotspot for cryptocurrency mining, it would appear that the state might be ready to take the next step towards crypto embrace. Earlier this week, popular news media Newsweek published the results of a poll it conducted, showing that many Texans are in favor of making cryptocurrencies legal in the country.

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Forum about mining, business and DeFi. Current state of the industry and development prospects

On September 30, Moscow will host TerraCrypto forum dedicated to topical blockchain industry issues. Over 300 community representatives will meet to discuss how cryptocurrencies affect the global market during the pandemic, what are the features of mining and trading digital assets, how individual projects and media influencers affect the market.

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Iran Will Reintroduce Cryptocurrency Mining in September

Iran is prepared to remove cryptocurrency mining bans in response to this summer’s electricity shortages. According to Iranian media, on September 22nd, the government will overturn the prohibition on cryptocurrency mining for authorized miners.

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World’s Largest Oil Company Saudi Aramco Negates Bitcoin Mining Rumors

The World’s second-largest oil trading company, Saudi Aramco has denied rumors that were circulating on media websites in the weekend indicating that the company was planning to start mining Bitcoin.

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Saudi Aramco, World's Largest Oil Company, Denies Bitcoin Mining Reports

Contrary to various media outlets, company has denied all Bitcoin mining rumors

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Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm

A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm” found to date but media reports are challenging that assertion.

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Why Do Media Companies Attack The Bitcoin Industry?

A recent article on the environmental impact of Greenidge’s Seneca Lake mining operation is one of many misleading publications on bitcoin.

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Is New York’s Seneca Lake Too Hot Because Of Bitcoin Mining? We Beg To Differ

Legacy media is back at it. They had to concoct a rival story to counteract the Bitcoin Mining Council’s latest report. And they ran with the apparent rising temperatures of Seneca Lake. At its shores, an energy company is mining Bitcoin and a town is protesting.

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John McAfee’s Hideout Was a Secret Bitcoin Mining Farm

John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel owned by a Russian.

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Iranian Authorities Raid Illegal Cryptocurrency Farm, Seize 7,000 Bitcoin Mining Machines

More than 7,000 mining machines have been confiscated by the Iranian authorities at an illegal crypto mining farm operating in the country's capital, Tehran. Iran’s Crackdown On Crypto Miners According to a report by Iranian state media, the Islamic Republic News Agency (IRNA), the raid is part of efforts aimed at stopping illegal crypto mining […] The post Iranian Authorities Raid Illegal Cryptocurrency Farm, Seize 7,000 Bitcoin Mining Machines first appeared on BitcoinExchangeGuide.

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Lights Go Off in Sichuan Bitcoin Mining Farms

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China also bans miners in hydropower -dominated Sichuan province

Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20.

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Bitcoin Mining Council: We Need To Tackle Negative Media Narratives

The Bitcoin Mining Council has publicized its aim to tackle negative media narratives. In its inaugural meeting which was hosted on Twitter Spaces, the council discussed bad press that has been surrounding Bitcoin and its mining in the past weeks.

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Alibaba Cloud Says It May Stop Servicing Crypto Mining Companies in China

Chinese media sources state that Alibaba Cloud behemoth may stop providing services to crypto companies in China – that would hit Bitcoin miners but not exchanges

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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments.

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The Real Truth about Bitcoin Mining using Geothermal Energy from Volcano in El Salvador

Shortly after announcing bitcoin as a legal tender, the President of El Salvador, Nayib Bukele, proposed a new idea of using geothermal energy to power clean crypto-mining. While media outlets around the world are going a bit wild on this news, we wanted to see how the story plays out.

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Iran’s Government Mulls Legal Framework for Crypto Regulations

The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country.  Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President made the statement while presiding over the Economic Coordination Board meeting held on Tuesday (JuneRead More

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China State-Owned Media Says People Are Allowed to Participate In Crypto At Their Own Risk

It is those packaged as a “profitable” speculative object to attract investors to the crypto trading platforms that need supervision. Meanwhile, Canaan argues against the indiscriminate crackdown, saying crypto mining helps make better use of electricity.

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Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications

Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region.

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