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Artist: Terrell Jones, MichiganDate minted first NFT: March 28, 2021Which blockchains? Ethereum, Tezos Influenced by classic gangster films, Terrell Jones has a distinctive style that captures imagination and nostalgia. He is about to auction a second piece at Sotheby’s and has a patented “soft-shell taco method” to garner the attention of notable collectors. Who is […]
Ad In a March 7 Senate hearing committee on cryptocurrency and the environment, Senator Cynthia Lummis (R – Wyoming) emphasized that energy efficiency standards must not be utilized to target particular energy use cases like crypto mining. During the committee, evidence was presented by both sides on how the crypto-asset industry impacts the environment. Witnesses […]
Ad Canaan, a Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines for Bitcoin, reported an 82% drop in revenue in Q4 2022, according to a filing with the United States Securities and Exchange Commission on March 7. Canaan revenues fall The quarterly dip was precipitated by a 14% drop for the year. In Q4 […]
Ad Jack Dorsey’s Block, Inc. has announced that it is seeking input on an ongoing Bitcoin mining project, as seen in a blog post from the company on March 7. Block Inc. announces MDK Naoise Irwin, Senior Product Lead of Mining Hardware, said that Block is planning to produce a mining development kit (MDK). This […]
Ad The U.S. state of Missouri passed the “Digital Asset Mining Protection Act” on March 7 to protect the rights of crypto miners. The bill won’t allow state and political subdivisions to halt crypto mining nodes’ work. The bill summary stated: “The “Digital Asset Mining Protection Act” “precludes the state and political subdivisions from prohibiting […]
In this inaugural edition of Cointelegraph’s monthly Web3 gaming column, we highlight some of the top stories and events in the blockchain gaming space over the past few weeks, as well as upcoming releases. Fortnite player sells Dookey Dash prize It has been a little over a month since NFT behemoth Yuga Labs, the company […]
Ad Bitcoin (BTC) miner Argo said it mined 162 BTC or its equivalents in February, equating to 5.7 BTC per day, according to a March 7 operational update. The firm stated that its daily BTC production increased 7% to 5.7 BTC per day from a daily 5.4 BTC recorded in January. Argo added that it […]
Ad TeraWulf (WULF) has launched its Nautilus Cryptomine facility marking the inauguration of the first bitcoin mining facility in the US powered by nuclear energy. New Nautilus facility opens in Pennsylvania The mining giant has put almost 8,000 rigs into operation, generating a substantial computing power or hash rate of around 1.0 exahash per second […]
Ad The environmental impact of Bitcoin mining has been a hot topic in the past year, especially in the U.S. Following the coveted mining ban in China, a huge number of large mining operations set up shop in the U.S., taking advantage of loose regulation and low energy prices. The influx of mining companies to […]
Delay in Silvergate’s financials sparks fears over bankruptcy, FTX reports $8.6B deficit and Binance’s balance sheet sought by U.S. senators.
