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Market Analysis

Solo Bitcoin Miner Hits the Jackpot With $200,000 Block Reward

  • Post author:Auto News Feed
  • Post published:August 30, 2024
  • Post category:Market News

It doesn't happen often, but a solo Bitcoin miner processed a block on the leading crypto network Thursday—and received nearly $200K in BTC.

Continue ReadingSolo Bitcoin Miner Hits the Jackpot With $200,000 Block Reward

Kylian Mbappé Token Hit a $464 Million Market Cap—Then Crashed to Zero Because It Was Fake

  • Post author:Auto News Feed
  • Post published:August 30, 2024
  • Post category:Market News

One investor turned $29 into $125,000; others weren't so lucky as Kylian Mbappé became the latest celeb to have his Twitter hacked for an apparent crypto scam.

Continue ReadingKylian Mbappé Token Hit a $464 Million Market Cap—Then Crashed to Zero Because It Was Fake
Read more about the article Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs

Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs

  • Post author:Auto News Feed
  • Post published:August 30, 2024
  • Post category:Market News

A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire…

Continue ReadingReport: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
Read more about the article Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

  • Post author:Auto News Feed
  • Post published:August 30, 2024
  • Post category:Market News

This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this…

Continue ReadingCipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase
Read more about the article Hamster Kombat Finally Announces Airdrop Event Date After Several Delays

Hamster Kombat Finally Announces Airdrop Event Date After Several Delays

  • Post author:Auto News Feed
  • Post published:August 30, 2024
  • Post category:Market News

Hamster Kombat, the TON-based tap-to-earn game, has announced the date for its token generation event (TGE) and the subsequent airdrop. The team revealed that the expected event will occur on…

Continue ReadingHamster Kombat Finally Announces Airdrop Event Date After Several Delays
Read more about the article Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody

Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody

  • Post author:Auto News Feed
  • Post published:August 30, 2024
  • Post category:Market News

Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in…

Continue ReadingSave WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
Read more about the article Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024

Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024

  • Post author:Auto News Feed
  • Post published:August 30, 2024
  • Post category:Market News

Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30…

Continue ReadingIris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
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