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Mining
Singapore’s Responsible Crypto Aim; Okay Bears Storm the Charts
Bitcoin mining difficulty hits all-time high. MAS says Singapore wants to position itself as a “responsible crypto hub.” Okay Bears NFTs help Solana net $2 billion in sales. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Argo Blockchain Shares Jump After Updated Hashrate Guidance
The stock rose the most since March after the miner said it expects its hashrate to reach 5.5 EH/s by year-end.
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
About 33% of its new projected hashrate will be contributed from Intel-powered mining rigs.
New York State Bans Non-Renewable Crypto Mining
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a recent bill passed in the New York State Assembly imposing a two-year moratorium on proof-of-work crypto mining using non-renewable energy sources. De addresses the use of hydroelectric power in New York and broader environmental concerns regarding crypto mining.
Foundry to Buy Web 3 Company Upstate Interactive to Expand Blockchain Services
Foundry didn’t disclose the terms of the deal but said it will close at the end of April.
New York State Assembly Passes Bill Blocking New Crypto Mines That Use Non-Renewable Power
The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't affected, nor are any that tap renewable resources.
Fort Worth to Become First US City to Mine Bitcoin
The Texas city will begin a pilot project with three Antminer S9 mining rigs following a vote by the city council on Tuesday.
New York Lawmakers Advance Mining Moratorium Bill to Full Assembly
The bill would bar new permits for proof-of-work mining operations in former power plants for two years.
GPUs Get Cheaper as Ethereum’s Switch to Proof-of-Stake Gets Closer
The network's planned switch to PoS has been pushing prices for graphics cards down.
