Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity with the U.S.
Read More...Bitcoin miner TeraWulf completes $92M stake sale to enhance AI and HPC capabilities
Infrastructure-based bitcoin mining company TeraWulf just sold off its 25% equity interest in the Nautilus facility for $92 million.
Read More...Hut 8 Releases Bitcoin Mining Update: What To Know
Hut 8 Corp. (NASDAQ:HUT) shares are trading higher Friday after the company released its September operational update. Here’s a look at the details from the report.
Read More...SEC and DOJ Throw Support Behind Investor Class-Action Lawsuit Against Nvidia Over Alleged Crypto Mining Sales
Two prominent US regulatory agencies are supporting a class-action lawsuit against tech giant Nvidia over sales to crypto miners that were allegedly misrepresented. According to recent court filings, the U.S. Securities and Exchange Commission (SEC) and the U.S.
Read More...Bitcoin’s halving upending global solo-mining profitability
The cost of mining one Bitcoin drastically changed after April’s halving, while eight countries with affordable electricity have already banned BTC mining.
Read More...US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue
The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have supported a class-action lawsuit against Nvidia, accusing the company of misleading investors. According to court filings, both agencies submitted an amicus brief backing Nvidia investors who allege that the firm misrepresented the impact of crypto mining on its 2017/2018 revenue.
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