Tag: Crypto Mining

Crypto mining is the process of using computing power in exchange for the creation of new digital currency.

Titan Completes $6 Million Private Sale For Lumerin Protocol From Cadenza Ventures, Fundamental Labs, Outlier Ventures, and others

Strategic Partners Highlight Industry Confidence in Bringing Global Hashpower Marketplace to Bitcoin & POW Mining Ecosystem November 24, 2021 12:00 PM Eastern Standard Time CHICAGO–(BUSINESS WIRE)–Titan, an innovator in the bitcoin mining ecosystem, announced today the successful completion of its $6 million private sale round for the Lumerin Protocol. Strategic partners include: Cadenza Ventures, Fundamental Labs, Outlier Ventures, Tribe Capital, Digital Finance Group, Caballeros Capital, and 11-11 DG Partners. “Companies, or individuals with a lower risk profile, will be able to buy/sell compute...

Bitcoin, Crypto Mining, DeFi, DEX, Press release

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Fortress Technologies Announces Purchase of 600 Bitmain Antminer S19 XP Bitcoin Mining Machines, Increasing Contracted Hash Rate to 729 PH/s

November 22, 2021 07:30 AM Eastern Standard Time TORONTO–(BUSINESS WIRE)–Fortress Technologies Inc. (TSX-V: FORT) (the “Company” or “Fortress”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, is pleased to announce the purchase of 600 Bitmain Antminer S19 XP (140 TH/s) bitcoin mining machines. At 21.5 J/TH, the S19 XP is the most efficient bitcoin mining machine on the market, requiring 27% less energy per unit of hash rate than Bitmain’s S19 Pro. The machines are expected to be delivered in equal monthly installments from July through December 2022. The purchase adds 84 PH/s to...

Bitcoin, Crypto Mining, Cryptocurrencies, Press release

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OLB Group Announces Closing of $25 Million Private Placement Priced At-the-Market Under Nasdaq Rules

November 08, 2021 09:50 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (NASDAQ: OLB) (“OLB” or the “Company”), a provider of cloud-based omni-commerce and payment acceptance solutions for small- and mid-sized merchants, announced today it has closed its previously announced private placement priced at-the-market under Nasdaq rules (the “Offering”). The Offering consisted of 4,545,455 shares of Common Stock (“Common Stock”) (or pre-funded warrants in lieu thereof) and warrants to purchase up to 4,545,455 shares of Common Stock (“Common Warrants”), for gross proceeds to OLB of approximately $25 million,...

Bitcoin, Crypto Mining, Cryptocurrencies, Fintech, Press release

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Mogo Launches Canada’s First Climate-Positive Bitcoin Rewards Program for Businesses

Begins initial promotion with iconic music venue El Mocambo ‘Green’ bitcoin offsets CO2 created from bitcoin mining, providing a sustainable way to invest in this fast-growing asset November 08, 2021 07:27 AM Eastern Standard Time VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced a first of its kind business rewards program, powered by Mogo, that enables merchants to offer climate-positive (‘green’) bitcoin rewards to their customers. The Company’s first partner is El Mocambo, the iconic...

Bitcoin, Crypto Mining, Cryptocurrencies, Press release

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What is staking and why it is critical to the crypto economy?

By Juan Mende. You have probably already heard of cryptocurrencies by now and, although the value of cryptocurrencies is highly volatile and often misunderstood by the masses, cryptocurrencies have maintained growth and interest despite volatility, which sparks interest as a strategy for generating passive income.  While some invest in crypto mining to increase their holdings, others choose to staking cryptocurrencies and earn passive income. But unlike many stocks, not all crypto tokens pay these staking dividends that can provide stable income during periods when stock prices drop. What is Staking? The...

Crypto apps, Crypto Mining, Crypto world, Cryptocurrencies, Featured

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Eminer Cross-chain Function Was Officially Launched, Starting New Era for Future Expansion

Eminer Cross-chain Function Was Officially Launched, Starting New Era for Future Expansion

By Juan Mende According to the official announcement, Eminer cross-chain function on BSC was launched on October 29. After constructing the system with a high level of technical support, since yesterday, Eminer has achieved cross-chain on BSC. Eminer is an innovative global mining service platform. Through the analysis and integration of the current POS, Stake, providing liquidity and other diversified mining methods, Eminer aims to create a low-threshold, high-efficiency mining service platform for users. As the main network of Eminer, EMchain has been continuously upgrading and improving its own ecosystem through compatibility and...

Bitcoin, Blockchain, Crypto Mining, Cryptocurrencies

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OLB Group Subsidiary DMint Ramps Up Green Cryptocurrency Mining

Subsidiary intends to bring approximately one thousand net-zero carbon miners online this year; Company plans to expand to 24,000 miners over the next 24 monthsAugust 05, 2021 09:30 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced DMint, Inc., a wholly-owned subsidiary of OLB (“DMint”), is planning to bring approximately one thousand cryptocurrency mining machines online this year operated by zero carbon footprint data centers. “DMint is an integral part of OLB’s...

Blockchain, Crypto Mining, Cryptocurrencies, Press release

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Hathor Network Launches the Hathor.Green Incentive Program

Hathor Network Launches the Hathor.Green Incentive Program

Hathor.Green is the first initiative from Hathor Network to encourage Bitcoin (BTC) mining to promote renewable energy practices. LISBON, PORTUGAL Jun 03 2021 (Blockchain Wire)  Hathor Labs is proud to announce its first initiative in the environmental, social, and governance areas to further foster and support clean energy and renewables adoption for Bitcoin mining. To bring this initiative to life, the board of directors will use a pool from earlier mining periods of less mining difficulty and before the mainnet release to create a fund for rewarding sustainable merged-mining operations by individuals or professionals. Hathor...

Bitcoin, Crypto Mining, Press release

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Bitcoin recovers, sell-off left behind

Bitcoin recovers, sell-off left behind

The value of bitcoin returned earlier yesterday above $ 50,000, rebounding from a brief defeat that highlighted the volatility of the world’s largest cryptocurrency. Last night in London, the cryptocurrency was up 6.7 percent on the day to $53,904. The recovery of Bitcoin (BTC) and Ethereum (ETH) prices has caused the market to recover in general after the market’s prolonged downturn last week. The volume of activity in bitcoin exchanges is demonstrating that it is becoming more resistant and faster to recover as time passes, according to the analysts led by Joshua Younger. After a series of accidents in a Bitcoin miner...

Bitcoin, Crypto Mining, Featured

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Gryphon Digital Mining Raises $14 Million to Launch Bitcoin Mining Operation with Zero Carbon Footprint

Gryphon Digital Mining Raises $14 Million to Launch Bitcoin Mining Operation with Zero Carbon Footprint

Gryphon founding team disrupts high-cost Bitcoin mining using the latest mining technology powered by renewables DOVER, DEL. Apr 13 2021 (Blockchain Wire)  Gryphon Digital Mining (https://gryphondigitalmining.com/) today announced it has raised a $14 million Series A to launch a Bitcoin mining operation with zero carbon footprint. Institutional investors accounted for over thirty percent of the round, which closed in just over two weeks, significantly oversubscribed.  “At Gryphon, our long-term strategy is to be the first vertically integrated crypto miner with a wholly-owned, 100 percent renewable energy supply....

Bitcoin, Crypto Mining, Press release

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