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Jack Dorsey spearheads $6.2M OCEAN Funding Round, driving the decentralization of Bitcoin mining

Owen Patter3 years ago2 min read

Mummolin Raises $6.2 Million for OCEAN Initiative Mummolin has announced that it raised $6.2 million in seed funding for its new initiative called OCEAN, led by…

Study Finds Over 30% Decline in Bitcoin Miners’ Earnings within Last Six Months

Benito Cormi3 years ago2 min read

Declining Revenue Due to Bitcoin Price Volatility, Increased Competition, and Higher Electricity Prices In the past six months, Bitcoin miners have experienced a significant decline in…

Ocean, a Bitcoin mining pool supported by Jack Dorsey, recognizes the effectiveness of screening sequential inscriptions

Benito Cormi3 years ago3 min read

Ocean Bitcoin Mining Pool Filters Ordinal Transactions Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter…

Tether CEO Ardoino Reveals Expansion Plans in Infrastructure and Energy Production

Coinan Porter3 years ago2 min read

Tether’s New CEO Prioritizes Diversification and Expansion Paolo Ardoino, the new CEO of Tether, has emphasized the company’s focus on diversification and expansion. He believes that…

AntPool to Repay Unprecedented $3.1 Million Fee, Announces Plan for Reimbursement

Owen Patter3 years ago2 min read

AntPool to Refund $3 Million Transaction Fee A well-known Bitcoin mining pool, AntPool, has made an announcement that they will be refunding the significant $3 million…

November’s Bitcoin Mining Race: Antpool Overtakes Foundry in Hashrate Battle to Claim the Leading Position

Benito Cormi3 years ago2 min read

Antpool Takes the Lead in Bitcoin Mining After being overshadowed by Foundry for some time, Antpool has emerged as a top player in terms of hashrate…

Criticism from Crypto Twitter Over BBC’s Misleading Claims on Bitcoin’s Energy Consumption at Pools

Owen Patter3 years ago3 min read

Bitcoin’s Energy Consumption and Water Usage Bitcoiners are criticizing the BBC for an article that discusses the cryptocurrency’s energy consumption and water usage. The article claims…

Hut8 Mining Establishes US-Based Operations After USBTC Merger

Coinan Porter3 years ago3 min read

Crypto Mining Companies Hut 8 and US Bitcoin Corp Merge to Form New Hut Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have merged to…

Potential Roadblock for Celsius as Judge Suggests Fresh Vote on Bitcoin Mining Transition

Coinan Porter3 years ago2 min read

Celsius Network’s Shift to Bitcoin Mining Might Require Fresh Vote from Creditors, Says Judge A U.S. bankruptcy judge has suggested that Celsius Network, a cryptocurrency lending…

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