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Tag: crypto mining

Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

April 17, 2024 wp-bot Bitcoin News

According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which

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Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme

April 16, 2024 wp-bot Bitcoin News

United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding

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Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms

April 15, 2024 wp-bot Bitcoin News

The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated

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A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards

April 12, 2024 wp-bot Bitcoin News

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of

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Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production

April 10, 2024 wp-bot Bitcoin News

On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the

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Latam Insights: Paraguay Targets Bitcoin Miners, Brazil Mulls Crypto Taxation Changes

April 8, 2024 wp-bot Bitcoin News

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguayan lawmakers introduce

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