Author Archives: newadmin5

BTCO2 and ETH2O ETPs listed by swiss public exchange

The BTCO2 and ETH2O ETPs aim to provide investors with exposure to the world’s two most valued cryptocurrencies while offsetting their carbon footprints. The Six Swiss Exchange has established two new carbon-neutral cryptocurrency exchange-traded products (ETPs), increasing the total number of crypto ETPs to 155. On Monday, the SIX Swiss Exchange announced that Helveteq would […]

Blockscale, new Bitcoin mining chip launched by Intel

Blockscale, Intel’s new Bitcoin (BTC) mining chip was launched on Monday, by the world’s largest semiconductor manufacturer. The application-specific integrated circuit, or ASIC, hardware is intended to function with proof-of-work blockchains that use SHA-256 encryption. According to Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per […]

White House office seeks public opinion on crypto-climate implications

The crypto-climate implications are under a study to determine the scope for balancing energy usage and climate change associated to digital assets by the President’s Agency of Science and Technology Policy (OSTP), an administrative office of the United States. On March 9, US President Joe Biden signed an executive order directing various federal agencies to […]

EU vote on Bitcoin mining: What it means for the industry

Proof-of-work (PoW) crypto mining will not be prohibited in the European Union, at least not this year. That was the outcome of last week’s widely awaited European Parliament committee decision (EP). An ad hoc alliance of social democrats and Greens proposed a last-minute amendment that would have imposed a de facto prohibition on proof-of-work mining […]

Financial conduct authority in UK seeks crypto talent

The Financial Conduct Authority (FCA) of the United Kingdom is looking for top executives with cryptocurrency experience as the regulator prepares to open a new crypto department to oversee the sector. According to the FCA’s LinkedIn job advertisements, the agency is now looking for a head of the digital assets department and a director of […]

CargoX extends agreement with Egyptian government

CargoX, a blockchain business that specialises in document transfer solutions, has announced a long-term renewal of its deal with the Egyptian government to modernise the country’s commerce processes. The Egyptian government incorporated CargoX’s Blockchain Document Transfer (BDT) service for its official NAFEZA single-window trading platform last year via its 80 percent-owned firm Misr Technology Services […]

Nvidia hackers are offering software to bypass crypto mining limiters on graphics cards.

A hacker organisation that penetrated Nvidia systems is offering software that is used to bypass crypto mining hash rate limits. LAPSUS$, a South American hacker organisation, claims to have stolen a terabyte of data from Nvidia servers in late February. The firm is now selling software in the form of a modified driver to unlock […]

Bitcoin miners in the United States are increasing their operations.

Bitcoin miners in the United States are expecting to double the hash power of their mining operations through 2022. Other global players have been selling their Bitcoin in order to secure cash. Despite Bitcoin’s (BTC) three-month downturn, cryptocurrency mining farms in the United States remain devoted to boosting their capacity with new technology. Marathon Digital […]

Tonga is planning to use Bitcoin as legal cash and to mine Bitcoin using volcanoes.

Tonga, a small Pacific island, might recognise Bitcoin as a legal means of trade by the second quarter of 2023. It may also recognise Bitcoin mining by the third quarter of 2023. Lord Fusitu’a, a former Tongan parliamentarian, has revealed a possible timeline for the country’s adoption of Bitcoin. Fusitu’a, a Tongan aristocrat, had previously […]

Canada will be the home of Bitfury’s new 28-MW crypto mining operation.

Bitfury, a blockchain business, has announced the opening of a new crypto-mining data centre in Ontario, Canada. The new mining hub joins the list of existing Canadian locations, which include Drumheller, Alberta, and Medicine Hat, Alberta. Bitfury’s new crypto mining facility in Ontario is anticipated to be operational by the end of this month, with […]

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