EU Set to Vote on Proof-of-Work Crypto Mining Ban
The European Union will vote on Monday on a cryptocurrency framework proposal that could result in the banning of proof-of-work consensus assets. The high-stakes vote is too close to call, according to those with inside knowledge The cryptocurrency market could face a drop in prices as the European Union is reportedly considering banning digital assets that use proof-of-work. […]
John B. Quinn: Law Disrupted – Cryptocurrencies
Cryptocurrencies are breaking new ground constantly, as new projects are introduced every day and broader swaths of the public interact with this revolutionary technology. With increasing popularity comes a growing need to clarify the legal implications surrounding cryptocurrencies and blockchain technology. This week, Law, disrupted is tackling these very issues. Appraising the surging public interest in cryptocurrency […]
Texas Congressman Pushes For Bitcoin Mining To Make US ‘Energy Independent’
US Congressman Pete Sessions believes bitcoin is consistent with American ideals and will help boost the US dollar. Rep. Sessions also pointed out that cryptocurrency “is going toward becoming a more resilient alternative choice” for hedging against fiat-currency inflation. Bitcoin mining is increasing in popularity in Texas. This is largely because of the fact that prominent politicians […]
Stephan Livera: An Upgrade to 700-Year-Old Accounting Tech
Click Here To Listen To Audio Interview Darin Feinstein, Founder of Core Scientific (Bitcoin Mining) joins me on the show to talk about Bitcoin as an upgrade on some very old accounting technology and what it could mean for our future. We get into: Learning about Bitcoin Bitcoin mining narratives – FUD and facts Bitcoin’s […]
Core Scientific Announces Preliminary 2021 Financial Results, 2022 Operating Guidance and February Updates
Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced preliminary financial results for the fiscal year ending December 31, 2021, initial fiscal year 2022 operating guidance and February production and operations updates. This press release features multimedia. View the full release […]
Bitcoin Miners Have Found a New Paradise — And It’s In The U.S.
While the practice of crypto mining is spreading fast across the US, people usually don’t think of Georgia as a prime place for it: When it comes to business, the state still often brings up associations of Coca-Cola (KO) – Get Coca-Cola Company Report, Atlanta reality television and miles of fruit and vegetable farms. But as Bloomberg recently reported, that is […]
Bitcoin price remains volatile despite hashrate reaching historic levels
Even after slipping to a 6-month price bottom a little over a week ago, BTC’s network growth has continued at a remarkable rate. Experts believe that BTC needs to hold on to its AUD$52,500 (US$37,000) resistance to regain any sort of bullish support. Bitcoin’s relative strength indicator (RSI) suggests that the asset is currently “oversold” […]
Bitcoin miners believe global hash rate to grow ‘aggressively’
Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months. While some panicked, other industry experts pointed out that the Bitcoin network has […]
What the BMC’s findings on the ‘sustainable’ Bitcoin mining industry tell us
There’s no denying that over the past couple of years, the narrative that Bitcoin consumes too much power has continued to garner mainstream traction. However, in recent months, an increasing number of Bitcoin miners have moved towards renewable energy. Look at these “green” stats The Founder and CEO of MicroStrategy Michael Saylor recently shared a recent survey conducted by […]
Michael Saylor | The Bitcoin Mining Council Q4 2021 Briefing
The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners committed to the network and its core principles. We promote transparency, share best practices, and educate the public on the benefits of Bitcoin and Bitcoin mining. Presenters – Michael Saylor: @michael_saylor // hope.com Taras Kulyk: @Core_Scientific // @tmskulyk Darin Feinstein: @DarinFeinstein // […]