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Tag: Crypto Mining

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

Deutsche Telecom's Bitcoin Mining Venture

Deutsche Telecom’s Bitcoin Mining Venture

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Deutsche Telecom, the parent company of T-Mobile, plans to start Bitcoin mining. The company has been running Bitcoin and Lightning network nodes since 2023. This move could have significant implications for the decentralized finance sector. It raises questions about the increasing mainstream adoption of cryptocurrencies. Deutsche Telekom’s entry into Bitcoin mining has been met with mixed reactions. Deutsche...

Bitcoin, Crypto Mining, Front page, News, T-Mobile, Telecom

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Bitcoin Miners Hit $22.8B High Amidst Industry Challengers

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U.S.-listed Bitcoin miners have reached a record total market capitalization of $22.8 billion as of June 15, 2024. Bitcoin mining stocks have outperformed Bitcoin itself in the first half of June, with Core Scientific (CORZ) leading the pack with an 117% increase. The surge in market capitalization is attributed to the positive investor response to news of Core Scientific’s AI deal with CoreWeave. U.S.-listed miners have...

Bitcoin, Crypto Mining, Front page, News

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Trump Backs Domestic Bitcoin Mining to Counter CBDCs

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Donald Trump met with Bitcoin mining executives, pledging support for their industry. Trump sees Bitcoin mining as a potential defense against central bank digital currencies (CBDCs). The former president also expressed his desire for the remaining Bitcoin to be mined in the United States. In a surprising turn of events, former President Donald Trump has emerged as a vocal supporter of Bitcoin mining in the United States....

Bitcoin, Crypto Mining, Cryptocurrencies, Front page, Press release, Trump

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Digital Holdings Group Champions Renewable Energy in Bitcoin Mining Sector

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As global awareness of environmental impact intensifies, industries across the board are being called upon to adopt sustainable practices. The cryptocurrency sector, particularly Bitcoin mining, has come under fire for its excessive energy consumption, which is often powered by fossil fuels. In a bold move to address these concerns, Digital Holdings Group is setting a precedent by significantly integrating renewable energy sources into its...

Bitcoin, Crypto Mining

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Increased Mining Property Line Now Available From Evertas

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Evertas, the world’s first crypto insurance company, now offers worldwide coverage of up to $360M per location for mining equipment. These policies, the largest in the world and an order of magnitude beyond any similar policies, are available in 12- or 18-month terms. “This is a dramatic increase from our 2023 coverage limits,” said Thomas Shewchuck, Head of Underwriting at Evertas. “Our capacity has grown from a $200M limit to $360M. We...

Crypto Mining, Cryptocurrencies, Press release

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