Month: August 2022

Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year – Mining Bitcoin News

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Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use of electricity to produce digital currencies. Power utilities have also filed hundreds of lawsuits, a report reveals, quoting prosecutors. Irkutsk Crypto Miners Pay 100 Million Rubles in Fines in 2022 Cryptocurrency mining has become a profitable business for many companies in Russia’s energy-rich regions, and an alternative income source for ordinary Russians. Despite the generally low rates of electricity for commercial purposes, many have been tempted to mint digital coins…

Crypto Developer Platform Thirdweb Gets Katie Haun’s Backing at $160M Valuation

Thirdweb tools have been used by global brands like buy now, pay later platform Afterpay, and New York Fashion Week, and the startup has a partnership with Coinbase’s NFT marketplace. In the past nine months, over 55,000 developers have used thirdweb tools to build applications, according to the company. Source 160MBackingCryptoDeveloperHaunsKatiePlatformThirdwebValuation CryptoX Portal

What is my Crypto Mining plan before & after the Ethereum Merge?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Fluxpools $1000 Flux each month giveaway for 12 months! I’m trying to get a few of these GPUs for mining (PAID LINK) Vitalik Buterin Ethereum Merge TTD Tweet Goerli Issue Tracker Ethereum Merge & Difficulty Bomb Countdown My Other Youtube Channels ——————————————— Red Panda Mining LIVE! – Red Panda Mining SHORTS! – Talk with ME 1 on 1 ——————————- Chapters ————— 00:00 Ethereum merge is coming mid September 15th 01:56 Terminal Total Difficulty TTD is set to 587500000000000000000000 03:27 Bellatrix fork slot…

‘Atozy you’ve won’ — Bitboy drops lawsuit after $200K defense raised

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Ben Armstrong, the man behind Bitboy Crypto said that he is dropping the defamation suit against fellow Youtube content creator Erling Mengshoel Jr., who goes by the name Atozy. Armstrong officially filed the suit against Mengshoel Jr. on Aug. 12 in response to a Nov 2021 video titled “This YouTuber scams his fans… Bitboy Crypto” which alleged that Armstrong was dishonestly promoting dubious assets to his audience such as PAMP for his own gain. He was seeking $75,000 in damages over the ordeal. However, Armstrong suggested in a Aug. 24…

People still ‘underrate’ the superiority of crypto payments

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Ethereum co-founder Vitalik Buterin suggests the superiority of cryptocurrency for payments is often “underrated” compared to fiat, pointing to the convenience of international payments and payments to charities as key examples.  Buterin made the comments in a Twitter thread on Aug. 24, explaining that it’s not just resistance to censorship, but also convenience that makes cryptocurrencies “superior” when it comes to international business, charity, and even payments within countries. People continue to underrate how often cryptocurrency payments are superior not even because of censorship resistance but just because they’re so…

Bitcoin Remains At $21K But Bitcoin Cash Surges By 7%

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The largest digital currency in the world, Bitcoin, is still fluctuating below the $22K price mark. Meanwhile, its daughter token, BCH, has recently gained some green bars, surging by 7%. BCH is the hard fork of Bitcoin. Its development is structurally and technically in line with those of Bitcoin. However, there’s just one notable difference between these two digital tokens, which is Block Size. Segregated option was not the best answer to the scalability problem of BTC. They observed a loophole in implementing SegWit to tackle the issue with Bitcoin.…

Minecraft Erze sammeln, aber mit KRASSEN Maschinen – Minecraft Mining Tycoon

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👗👕 Meinen Merch findest du hier: Servus und schön dass du vorbei schaust. Heute verschlägt es mich mal wieder in den Minecraft Store und ich spiele einen Mining Tycoon. Ich muss vorab sagen, dass das eine der besten Minecraft Tycoon Maps war, die ich bisher gespielt habe. Viel Spaß mit dem Video … ————————————————————————————————————————————————- ❗ Informationen: 🎥 Zum Cutter: 👕👗 Meinen Merch findest du hier: 🐊 Du möchtest mich Unterstützen und zusätzlich etwas für dich abstauben? Dann schau doch mal hier vorbei:…

9,404 Crypto Mining Devices Seized by Iranian Authorities Since March – Mining Bitcoin News

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Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly 10K Crypto Mining Devices Kambiz Nazerian, head of Tehran Electricity Distribution Company, said Monday that Iranian authorities have discovered and seized 9,404 illegal cryptocurrency mining devices in Tehran since the beginning of the Persian calendar year which started on March 21, local media reported. He explained that the mining…

BITCOIN: PERCHÈ POMPA nonostante la RECESSIONE? | IL FUTURO di ETHEREUM DOPO IL MERGE (importante!)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io La FED ha alzato i tassi di 75 punti base e gli USA sono in recessione, ma Bitcoin pompa. Come mai? Analizziamolo! Seguimi su Telegram: Amici, vi tengo compagnia anche durante le vacanze perché abbiamo cose importanti di cui parlare! Vediamo che succede nel mondo #crypto e #bitcoin Argomenti trattati: 00:00 Analisi grafico Bitcoin (pump!) 02:45 La FED alzerà meno i tassi in futuro? 03:45 Cosa è stato detto ieri da FED e Powell 09:30 Ethereum: una forza pazzesca 10:45 Il futuro…

It’s a go! Uniswap Foundation becomes reality after 86M votes in favor

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The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders. According to the initial proposal, the foundation aims to streamline Uniswap’s Grant Program (UPG) and reduce friction in the protocol’s governance system.  Former Uniswap Labs executive Devin Walsh, now serving as executive director of UF shared the results in a tweet on Aug. 24, noting that the proposal to create the foundation “passed its final vote!”  Last night…