Tag: Crypto Mining
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Foundry to Launch Institutional-Grade Zcash Mining Pool in April 2026 to Bolster Privacy-Focused Infrastructure
Foundry, the Digital Currency Group (DCG) subsidiary and operator of the world’s largest Bitcoin mining pool, has officially announced its strategic expansion into the privacy-preserving cryptocurrency sector with the planned launch of an institutional-grade Zcash (ZEC) mining pool. Scheduled for debut in April 2026, the initiative aims to bridge a significant infrastructure gap for public…
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Deutsche Telekom and Bankhaus Metzler Launch Pilot Project to Power Bitcoin Mining with Surplus Renewable Energy in Germany
Deutsche Telekom MMS, a subsidiary of the European telecommunications giant Deutsche Telekom, has entered into a strategic partnership with Bankhaus Metzler, one of Germany’s oldest and most prestigious private banks, to initiate a pilot project centered on Bitcoin mining. The collaborative effort aims to utilize surplus electricity generated from renewable energy sources to power specialized…
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Marathon Digital Acquires Over $270,000,000 Worth of Bitcoin (BTC) Following Convertible Note Offer: Lookonchain
In a significant display of institutional confidence within the digital asset sector, Marathon Digital Holdings (MARA) has aggressively expanded its Bitcoin treasury, acquiring over $270 million worth of the cryptocurrency in a span of just 48 hours. This strategic accumulation follows the successful closing of a massive $850 million convertible note offering, signaling a robust…
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Russia Integrates Bitcoin into Foreign Trade Strategy to Circumvent Western Sanctions Amid Growing Energy Constraints
The Russian Federation has officially acknowledged the utilization of Bitcoin and other cryptocurrencies as a primary mechanism for settling international trade transactions, marking a significant shift in the nation’s financial policy as it seeks to bypass the extensive web of Western sanctions. Finance Minister Anton Siluanov recently confirmed that Russian enterprises have already begun using…
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British Judge Rejects Welsh IT Worker’s Bid to Excavate Landfill for Lost Hard Drive Containing 8,000 Bitcoin Worth Over $600 Million
A British court has delivered a definitive blow to one of the most high-profile and long-running sagas in the history of cryptocurrency, dismissing a legal bid by James Howells to excavate a municipal landfill in search of a discarded hard drive. The device, which was mistakenly thrown away during a household cleanup in 2013, contains…
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Grayscale Launches New Bitcoin Miners ETF MNRS to Provide Targeted Exposure to Crypto Infrastructure Firms
The digital asset management landscape reached a new milestone this week as Grayscale Investments, the world’s largest crypto-focused asset manager, officially debuted its latest investment vehicle, the Grayscale Bitcoin Miners ETF (MNRS). This new exchange-traded fund is designed to offer investors a streamlined way to gain exposure to the companies responsible for securing the Bitcoin…
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Nvidia RTX 3060 GPUs Being Sold For As Low As $270 By Miners As China’s Crackdowns Continue |
The mass liquidation is not limited to a single brand or model. Thousands of units from both Nvidia and AMD are appearing on Chinese e-commerce platforms and specialized trading forums. While the RTX 3060 has grabbed headlines with its $270 price tag—a figure significantly below its official launch MSRP and a fraction of its peak…
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Russia Positions Itself as Global Mining Hub Following China’s Crypto Exodus
The Russian Association of Crypto Industry and Blockchain (RACIB) has officially launched a comprehensive strategic initiative designed to transform the Russian Federation into a premier destination for international Bitcoin mining operations. This move comes at a pivotal moment in the evolution of the global digital asset landscape, as the industry continues to reel from the…
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ECOS Expands Global Mining Footprint with New 60 Megawatt Data Center Launch in Armenia’s Strategic Free Economic Zone
The landscape of global cryptocurrency infrastructure has witnessed a significant shift with the official commissioning of a new 60-megawatt (MW) data center by ECOS, located within a specialized Free Economic Zone (FEZ) in Armenia. This development represents a culmination of a multi-year strategic partnership between the Armenian government and the private sector, aimed at positioning…
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Iran Intensifies Crackdown on Illegal Crypto Mining Operations Amid National Energy Crisis and Power Grid Instability
The Iranian government has significantly escalated its enforcement actions against unauthorized cryptocurrency mining, with law enforcement agencies shuttering 9,404 illegal mining farms across the country over the past five months. This aggressive campaign comes as the Islamic Republic grapples with a deepening energy crisis that has resulted in widespread power outages, water shortages, and domestic…
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