The US Senate has advanced sweeping AI legislation under the National Defense Authorization Act, compelling chipmakers to serve US customers first before exporting advanced processors abroad. On Thursday, senators passed the Guaranteeing Access and Innovation for National […]
What is Bitcoin mining? Bitcoin mining is the process that keeps the BTC network secure and operational. Bitcoin (BTC) miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts (trial and error) […]
Kazakhstan, an emerging cryptocurrency hub in Central Asia, has been cracking down on illicit activity in the cryptocurrency sector, shutting down dozens of crypto platforms this year. Kazakhstan’s Financial Monitoring Agency (AFM) has taken down […]
New York State Senator Liz Krueger introduced a bill on Wednesday to impose excise taxes on energy used by crypto mining companies operating facilities in the state. The proposed excise tax, which is not the […]
Japanese mining pool operator SBI Crypto has suffered a $21 million theft in a breach that investigators are linking to North Korea attackers. On Oct. 1, blockchain researcher ZachXBT identified unusual outflows from the firm […]
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), the agricultural regulator for the emirate of Abu Dhabi, United Arab Emirates (UAE), announced a ban on using agricultural land for crypto mining. Violators will face […]
Google has acquired a 5.4% stake in Bitcoin mining company Cipher Mining as part of a $3 billion multi-year data center deal with artificial intelligence data center company Fluidstack. According to a Thursday announcement, Google […]
Crypto mining company TeraWulf is reportedly raising approximately $3 billion through Morgan Stanley to build data centers, with tech giant Google providing support. The TeraWulf funding round will support the build-out of its data centers […]
On Sep. 23, Bitcoin’s hashrate set a new all-time high of 1,073 EH/s. Over the last month, raw compute rose about 21%. Over the last quarter, roughly 70%. Over the last year, the curve went […]
Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities. According to local news source Telemundo, Tether […]
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