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Tag: Bitfury

US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis

US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate CrisisEight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work to tackle the climate crisis — not to mention the harmful impacts cryptomining has on […]

Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading

Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an irony if the wind power generated on Sweden’s long coastline would be devoted to Bitcoin mining.” Regulators analyze mining impact Previously, Norwegian authorities […]

Binance Helps Take Down Cybercriminal Ring Laundering $500 Million in Ransomware Attacks

Ransomware has become the biggest threat to online security, affecting all industries connected to the internet – from supply chains, to healthcare institutions. Therefore, a critical part of Binance’s commitment to ensuring the secure and sustainable growth of the global crypto ecosystem involves fighting different strains of ransomware and fraud. Earlier this year we released a […]

The post Binance Helps Take Down Cybercriminal Ring Laundering $500 Million in Ransomware Attacks appeared first on The Daily Hodl.

No fireworks at House’s Bitcoin mining hearing, but pending climate bills could home in on crypto

Congress and crypto meet again, this time over Bitcoin mining's energy use, as new climate legislation is in the pipeline.

The post No fireworks at House’s Bitcoin mining hearing, but pending climate bills could home in on crypto appeared first on The Block.

First U.S. House Hearing On Bitcoin Mining Shows Misunderstandings

A lack of knowledge on proof of work prevailed by most Representatives as they questioned the energy use of bitcoin mining.

Global Cryptocurrency Market Report 2021: COVID-19 Implications and Growth to 2025 & 2030 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Cryptocurrency Market Report 2021: COVID-19 Implications and Growth” report has been added to ResearchAndMarkets.com’s offering. The global cryptocurrency market is expected to grow from $1.44 billion in 2020 to $1.63 billion in 2021 at a compound annual growth rate (CAGR) of 12.9%. The market is expected to reach $2.73 billion in 2025 […]

The post Global Cryptocurrency Market Report 2021: COVID-19 Implications and Growth to 2025 & 2030 – ResearchAndMarkets.com appeared first on Fintech News.

Stablecoins Not a Threat to US Dollar: They Make it Stronger

Top executives from the crypto industry convened at a hearing yesterday to discuss the risks and challenges posed by digital assets. Appearing at the hearing was Jeremy Allaire of Circle, Sam Bankman-Fried of crypto exchange FTX, Brian Brooks of Bitfury, Charles Cascarilla of Paxos, Denelle Dixon of Stellar Development Foundation, and CFO of Coinbase Global […]

The post Stablecoins Not a Threat to US Dollar: They Make it Stronger appeared first on Coin Bureau.

Top Crypto Executives To Testify in Washington At Digital Assets Hearing

Executives from the US’ most influential crypto firms will be testifying at a hearing on digital assets on December 8. The hearing, led by Congresswoman Maxine Waters, is entitled “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.” Waters, who chairs the House Financial Services […]

The post Top Crypto Executives To Testify in Washington At Digital Assets Hearing appeared first on Coin Bureau.

Unique Network Chosen As Exclusive Blockchain Partner for United Nations Associated NFT Climate Initiative

Reading Time: 5 minutes The NFT infrastructure platform was selected for the DigitalArt4Climate initiative to help empower artists and global youth to adopt...

El Salvador’s Bitcoin mine could earn over 20,000 BTC ($750 million) a year

El Salvador’s proposed Bitcoin mine could earn hundreds of millions of dollars each year given the current network state, a top miner pointed out in a tweet today.

The post El Salvador’s Bitcoin mine could earn over 20,000 BTC ($750 million) a year appeared first on CryptoSlate.

Blockchain Applications in The Public Sector

@liskLiskWe empower developers with a software development kit for blockchain applications written in JavaScript.The functions of governments and public services are both vital...

Birth and Evolution of Mining Pools

Crypto mining is a calculation-intensive computation process that requires high processing power along with high electricity consumption. The miner who first solves...

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