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Crypto-Mining
Residents Grapple with Crypto Mining Explosion In Niagara Falls
A Blockfusion crypto mining facility in Niagara Falls, New York, was victim to an electrical explosion and subsequent fire last week, causing thousands of miners to go offline.
Do Kwon’s Taxing Questions; China’s Underground Mining
Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Mining Difficulty Likely to Drop Next Week
“All About Bitcoin’s” Friday panel looks at what’s ahead: bitcoin mining difficulty is expected to drop next week, the World Economic Forum kicks off its annual meeting Sunday with crypto on the agenda, and what to expect from El Salvador as President Nayib Bukele hosted 44 countries to discuss bitcoin.
Ethereum Mining Pool Cuts All Services to Russia
Ethereum mining pool Flexpool has cut services to Russian users, in a move to show solidarity with Ukraine. The pool says they did not want to profit from the crisis or fund it directly.
Ukraine’s Crypto Demand Soars; Russian Sanctions Tighten
Putin’s attack triples Ukrainian crypto exchange trading volume. No sign yet of Russia using crypto to evade sanctions. South Korean businesses scramble to meet FATF travel rule. Why Australia’s desert might not be the ideal location for crypto mining.
Pakistan’s Crypto Warning; Indian Banks’ Crypto Reluctance
Russia proposes crypto mining hotspots. State Bank of Pakistan’s governor warns crypto risks outweigh benefits. India’s central bank stranglehold leaves banks hesitant over crypto. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Hungary’s Central Bank Head Calls on EU to Ban Crypto Mining and Trading
The chief of the Hungarian National Bank said he supports banning crypto trading and mining in the European Union, adding he agreed with the Russian central bank’s earlier proposal to ban crypto activities. "The Hash" hosts discuss the latest in the mounting regulatory threats to the digital asset space.
Intel Launches Crypto Mining Initiative With Energy-Efficient GPUs
Semiconductor giant Intel (INTC) officially announced its crypto mining initiative Friday, saying its mining application-specific integrated circuits (ASICs) will be a thousand times more efficient than current mainstream GPUs. "The Hash" panel discusses what this means for the mining market and community.
Crypto Mining Data Center Provider Compute North Raises $385M
Compute North, which provides sustainable infrastructure for crypto mining, has closed a $385 million round that includes a Series C fundraise and debt financing. “The Hash” team discusses what this means for bitcoin mining and the crypto industry at large.
Russia to Regulate Crypto, Dispelling Fears of Ban
The Russian government will regulate cryptocurrencies with the support of the central bank, which previously called for a ban on crypto mining and trading. "The Hash" hosts discuss Russia moving to legitimize crypto assets as currencies and the implications for the local and global economy.