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Montana passes “right to mine” crypto bill

By - admin
Posted on February 23, 2023

Ad Montana’s state senate passed a bill on Feb. 23 to protect individuals’ and businesses’ right to engage in cryptocurrency mining. The bill specifically aims to prevent the government from imposing higher electricity rates on crypto miners and imposing additional taxes on cryptocurrencies. It also seeks to ensure that mining firms can operate in industrial

Massachusetts man charged after mining crypto in school crawl space

By - admin
Posted on February 23, 2023

Ad A Massachusetts man faces charges after mining cryptocurrency in a school crawl space, according to a report from the Washington Post on Feb. 23. That report says that Nadeam Nahas, a Cohasset, MA, municipal employee, was set to be arraigned today for fraudulent electricity use and vandalism. He did not arrive in court, and

Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express – Cointelegraph Magazine

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Posted on February 23, 2023

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The SFC requires the licensing of all cryptocurrency exchanges operating in Hong

Deep dive into top public BTC miners following 82% YoY increase in hash rate

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Posted on February 23, 2023

Ad Bitcoin (BTC) mining from public companies has grown exponentially in recent years, with the hash rate share of the top mining companies increasing from 23.93 EH/s to 56.98 EH/s between Jan. 2022 and Jan. 2023. The increase represents a staggering 82% growth in hash rate YOY. Top public miners CryptoSlate analyzed ten of the

XRP Co-Creator Posts Cryptic Message on Survival of Ripple Amid SEC Crypto Battle

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Posted on February 23, 2023

XRP co-creator and CTO of Ripple, David Schwartz, just posted a cryptic message on Twitter. The note appears to address the U.S. Securities and Exchange Commission’s lawsuit against Ripple, which alleges the company sold XRP as an unregistered security for years. In his message, Schwartz takes a bird’s-eye view of Ripple’s journey to this point

Iceland’s abundance of renewable energy boosts Bitcoin hashrate

By - admin
Posted on February 22, 2023

Ad With its vast renewable energy resources, Iceland has emerged as a prominent destination for Bitcoin mining. However, according to new research by one of the industry’s leading watchdogs, the country has maxed out at around 120 MW of energy for Bitcoin mining, which makes up around 1.3% of the global Bitcoin hash rate. What

Breakdancing medic’s NFT auctioned at Sotheby’s — Grant Yun, NFT creator – Cointelegraph Magazine

By - admin
Posted on February 22, 2023

Artist name: Grant Riven Yun Location: Milwaukee Date minted first NFT: Feb. 3, 2021Which blockchains? Ethereum, Counterparty (Bitcoin) Who is he? Grant Yun has always been an artist at heart with an early aspiration to have his work featured at a major auction house. A curious and motivated individual, Yun is studying medicine while juggling his work

China Telco’s crypto SIM, Korean exchanges in turmoil… and more – Cointelegraph Magazine

By - admin
Posted on February 21, 2023

Our weekly roundup of news from East Asia curates the industry’s most important developments. China blockchain SIM card Conflux Network says it is working with the second-largest telecommunications provider in China to develop a blockchain SIM card that will serve as a secure place to store digital private keys and nonfungible tokens. Conflux announced its

Green consumers want supply chain transparency via blockchain – Cointelegraph Magazine

By - admin
Posted on February 21, 2023

Chris Georgen, founder of the social impact-focused blockchain company Topl, believes that many consumers are unaware of the consequences of their buying habits. “Forced labor, deforestation, the destruction of endangered habitats… As responsible citizens of the world, we wouldn’t knowingly support, condone or participate in anything like this,” he tells Magazine. “Unfortunately, too often, what

Ordinals Litecoin fork took one week and was ‘quite simple,’ says creator

By - admin
Posted on February 20, 2023

A small monetary bounty and an aptitude for coding were all it took to fork the Ordinals protocol to the world’s second-ever cryptocurrency network, Litecoin (LTC) earlier this week, its creator told Cointelegraph. On Feb. 18, an Australian software engineer by the name of Anthony Guerrera posted a repository to GitHub that forked the Bitcoin (BTC)

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