Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes purchasing a 200 megawatt Bitcoin mining center and two additional […]
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The company, formerly known as Square, now building a full bitcoin mining system.
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether issued over $12.5 billion USDT during this period. Tether Attestation Registers Record-Breaking […]
Australia’s ASX stock exchange is expected to list its first approved batch of spot bitcoin exchange-traded funds by the end of 2024, according to Bloomberg.
Its report, citing sources familiar with the matter, noted that several issuers, including VanEck and local firms BetaShares and DigitalX, have already submitted their ETF applications earlier...
Poker is one game that’s never been shy of embracing innovation — that’s why it’s no surprise that the best online poker rooms in the world are all extremely crypto-friendly. Of course, simply accepting an altcoin or two isn’t enough to make a poker site worth your while. We’re laying all our cards on the […]
CryptoWatch's weekly roundup delivers the latest on Hong Kong, crypto regulations, and Binance's ex-CEO.
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate its adoption. Tether, nonetheless, stated it will uphold OFAC […]
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins […]
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]
India now has 19 track and field athletes who have qualified for the 2024 Olympics.
LAWRENCE (KSNT) - KU men's basketball might have its team complete for next season. After Friday's announcement from Hunter Dickinson and commitment from Rylan Griffen, the Jayhawks' roster could be full at 13 scholarship players, pending a decision from rising sophomore Johnny Furphy. Furphy declared for the NBA draft while maintaining his college eligibility. He []