Mining
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Mining
Mining
Russia’s Rosseti eyes Bitcoin mining to harness surplus energy and boost local growth
Rosseti, Russia’s state-owned electricity giant, is reportedly evaluating Bitcoin mining to enhance energy utilization in areas with surplus capacity, local news agency TASS reported. According to the report, the power grid operator plans to establish […]
Mining
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Mining
Foundry mined over a third of all Bitcoin blocks in the past week
What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected […]
Mining
DCG launches Fortitude Mining to diversify beyond Bitcoin amid industry challenges
Digital Currency Group (DCG) has announced the launch of Fortitude Mining, a new subsidiary focused on diversifying exposure to high-growth crypto assets and Proof-of-Work ecosystems beyond Bitcoin (BTC). DCG CEO Barry Silbert revealed the move […]
Mining
Grayscale launches Bitcoin miners ETF on NYSE
Grayscale has introduced a new crypto-related investment product focused on the Bitcoin mining sector, according to a Jan. 30 statement shared with CryptoSlate. The new product is called the Grayscale Bitcoin Miners ETF and is designed […]
Mining
Tether CTO clarifies rumors around photo of a container with the ‘Tether Energy’ logo
Paolo Ardoino, the CTO of Tether, posted a picture of large industrial containers sporting the logo of Tether Energy on Aug. 24. The photo sparked a flurry of rumors and speculations which Ardoino addressed in […]
Mining
Mining
Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss
Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining revenue and computing power. Per the unaudited financial report, the miner generated […]
Mining
Riot Platforms power strategy reaps $31.7M in Texas energy credits
Continuing its strategic shift aimed at mitigating losses, Riot Platforms, a prominent Bitcoin miner, continues to capitalize on Texas’s energy credits system, earning a substantial $31.7 million in August alone. According to a report by […]
