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Mining
Bitcoin Dips Alongside Stocks, NY Crypto Mining Bill Unlikely to Pass in State Senate
"All About Bitcoin's" Week in Review panel discusses the recent bitcoin sell-off driving the price below $36K, comparing it with the current activity in the stock market. Plus, why the New York Senate Environmental Conservation Committee will not be reviewing the proposed two-year moratorium on non-renewable proof-of-work mining, and Q1 earnings reports from crypto mining firms like Argo and Marathon Digital.
Global NFT Sales Rise; Hong Kong Embraces NFTs
Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
The NY Mining Moratorium’s Odds Just Got a Lot Worse
The Senate Environmental Conservation Committee won't consider the controversial bill, according to a schedule released Thursday.
The Scarcity Mindset Driving Crypto's Energy Critics
The DeFi Education Fund weighs in on the New York state legislature's attempt to curb proof-of-work mining, and dreams of energy abundant future.
Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies
Canaan has until May 25 to dispute its inclusion, which could eventually force its delisting from the Nasdaq.
Argo Blockchain to Open Flagship Texas Mining Facility Next Week, Shares Rise
The stock was up 12% on the London Stock Exchange.
Marathon Digital May Start to Sell Some of Its Bitcoin
The miner said any sale wouldn't be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year.
Crypto Mining Moratorium Faces Stiff Headwinds in Albany
The New York State Assembly voted to pass the bill last week, but a fresh wave of opposition from industry and lawmakers alike could make the Senate battle much more difficult.
Marathon Digital ‘Cautiously Optimistic’ About Early 2023 Hashrate Guidance
Publicly traded crypto mining firm Marathon Digital (MARA) has released its Q1 earnings report, stating that the company is “cautiously optimistic” about meeting early 2023 hashrate guidance despite delays. “The Hash” group discusses the firm’s dip in bitcoin production and efforts made to tackle environmental concerns.
Kazakhstan Orders Crypto Miners to Register With Authorities
The Central Asian country is trying to clean up its mining industry in the face of energy shortages.
