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Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms

Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms

Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.

Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.

Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects

Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects

Kazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.

Ethereum Mining Difficulty Has Reached an ATH

Ethereum Mining Difficulty Has Reached an ATH

Ethereum, the second-largest cryptocurrency by market capitalization has attained a new mining difficulty all-time high of 4,745,167,085,193,270.

Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock

Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock

Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.

Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America

Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America

Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.

Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining

Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining

The Iran Chamber of Commerce, Industries, Mines and Agriculture recently published a statement that the Iranian Economic Commission has approved a mechanism for digital coin mining.

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.

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