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Crypto Miners Are Still Building Despite Economic Uncertainty

 Crypto Miners Are Still Building Despite Economic Uncertainty CoinDesk spent the whole summer visiting bitcoin (BTC) mines in two different states to observe how miners are continuing to construct data centers to support the Bitcoin network despite the current crypto winter.  Due to the sharp decline in the price of the largest cryptocurrency in the world, bitcoin, miners have had a difficult few months. Due to the low price of bitcoin, miners' profits have decreased, and some have been compelled to sell their equipment, facilities, and even tokens they have extracted in order to raise money to maintain their operations. In addition, the Biden administration released a report on September 8 pushing for industry guidelines to reduce the environmental impact of cryptocurrencies. If these fail, the research advised that authorities and legislators in the U.S. take action to restrict or do away with the energy-intensive proof-of-work algorithms that bitcoin miners rely on to power the
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DaVinci 3.0 - Changing the narrative - how mining can save the planet.

  DaVinci 3.0 - Changing the narrative - how mining can save the planet Elite Sponsor Patrick Sweeney II Founder & CEO DaVinci 3.0

Maple Finance establishes a $300 million financing pool for Bitcoin mining companies.

Maple Finance establishes a $300 million financing pool for Bitcoin mining companies A secured debt finance commitment of up to $300 million was made to both public and private Bitcoin mining companies on Tuesday by institutional crypto lending protocol Maple Finance and its delegate Icebreaker Finance. The money is available to qualified entities in Australia and North America who meet the treasury management and power plans standards. The endeavor, however, aims to provide investors and capital allocators with risk-adjusted returns in the low teen percentage range (up to 13% annually). Accredited investors with certain income and/or net worth requirements in a country are the only ones who are permitted access to the pool. In the United States, this includes, among other requirements, having a pre-tax annual income of over $200,000 ($300,000 with a spouse) or possessing a liquid net worth of over $1 million. According to information provided by Maple Finance, the underlying loans in

Blockforge - Integrating Mining into your existing small business

Blockforge - Integrating Mining into your existing small business Elite Sponsor Nick Jackson Founder Blockforge

A service for institutional crypto custody is about to be introduced by Nasdaq

A service for institutional crypto custody is about to be introduced by Nasdaq According to numerous persons briefed by the business, equity exchange operator Nasdaq has been planning an entry into institutional crypto custody service.  The company, which runs markets for U.S. and international equities, is not new to the cryptocurrency business; it has provided market surveillance technology to exchange sites for cryptocurrencies at least since 2018. The exchange declared the launch of the Hashdex Nasdaq Crypto Index ETF, which is based on its own index, in February 2021.  To compete with companies like Coinbase and FTX, the company has historically chosen to provide technology to participants in the cryptocurrency market rather than operating a market itself.  According to a source, regulatory permission for the new offering is pending. Along with its investigation into crypto custody, Nasdaq is also launching a new subsidiary, Nasdaq Digital Assets, that is only dedicated to cryptoc

Bitsure Insurance - Insurance for Miners, by Miners

  Bitsure Insurance - Insurance for Miners, by Miners Elite Sponsor Mike Groff Co-Founder & CEO Bitsure Insurance

Argo Blockchain - Bitcoin Mining Nirvana: Large-scale Immersion Mining in Rural Texas

  Argo Blockchain - Bitcoin Mining Nirvana: Large-scale Immersion Mining in Rural Texas Elite Sponsor Peter Wall CEO Argo Blockchain