The company, which manages $32 million in assets, is exploring potential arbitrage opportunities between on-chain and off-chain cryptocurrencies in the short to medium term.
Going green is an ideal way to run crypto — but is it doable?
Although Bitcoin mining difficulty is rising, the network hash rate has yet to see an increase.
Is proof of participation the future of crypto and can you really mine Bitcoin with just 4w of energy?
Bitfarms, a corporate player in the bitcoin mining world, has announced a new acquisition of land and a facility in Canada. The purchased land is located in Sherbrooke, Quebec, and according to a press release issued by the company, it will serve to replace one of the other facilities the company has in the country.
Yes, Bitcoin mining does consume a lot of energy — about 110 terawatt hours per year, the energy equivalent of a small country.
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner.
Despite Bitcoin’s perceived hash rate recovery, analysts noted that the recent 150 EH/s reading was based on a short 24-hour window.
Marathon Patent Group and DMG Blockchain Solutions are founding the first co-op mining pool in North America.
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