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Eliza Gkritsi

Bitcoin Miner TeraWulf Studies 146% Improve in Income as It Ramps Up Operations

In March, TeraWulf began bringing machines on-line in its Nautilus facility in Pennsylvania, which is totally powered by nuclear power. On the website, the miner has secured energy settlement for two cents per...

Kazakhstan’s President Indicators Laws to Restrict Power Utilization of Crypto Mining

The brand new legislation permits miners to eat electrical energy from the nationwide grid solely when there's a surplus, successfully capping the trade's vitality utilization. The excess will likely be distributed amongst licensed...

Blockware Buyer Accuses Bitcoin Mining Agency of Fraud

The case, filed in U.S. federal courtroom within the Northern District of Illinois on Dec. 17, facilities round an allegation that Blockware bought Faes & Co. 50 mining rigs for $525,000. However, Faes...

Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge

Earlier on Thursday, the Ethereum blockchain – which underpins the world's second largest cryptocurrency – changed its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS), doing away with the need for energy-intensive computing...

Andreessen Horowitz, SoftBank Lead $150M Raise for Metaverse Startup Improbable

M² will use Improbable's Morpheus Technology, which can support over 10,000 players, and enables their interaction in dense virtual spaces, according to the press release. The network will also allow trade in digital...

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