https://t.me/Mining_Crypto_Miner

2022-05-03 10:55:29 Investor sentiment in the crypto market is approaching panic

The Fear and Greed Index has been dropping consistently all month, reaching an extreme level

"Give me an asset worth $38,000 at $50,000 and I won't be afraid to buy it again." Such is the truth for most people.

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2022-05-02 11:31:02 Solana Goes Dark For 7 Hours as Bots Swarm ‘Candy Machine’ NFT Minting Tool

Solana stakeholders rushed to right the network Saturday night after what one insider called “insane amount of data” flooded the proof-of-stake chain, knocking validators out of consensus and grinding still block production.

Bots had swarmed the popular NFT minting tool known as Candy Machine earlier Saturday with an unprecedented tsunami of inbound traffic: four million transaction requests and 100 gigabits of data every second – a record for the network, one source at the Solana Foundation said.For reasons not yet clear, this swarm pushed validators out of consensus.

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2022-05-01 17:36:02 Crypto Miners Threaten Frail Energy Grid at the End of the World

Argentina’s crypto frenzy is putting the energy grid of a small province in Patagonia near a breaking point as miners take advantage of generous electricity subsidies to mint Bitcoin.

Crypto mining is expected to consume close to a quarter of all electricity supply in the Tierra del Fuego province, which includes the world’s southernmost city Ushuaia, in the next few months until October, according to a report by Argentina’s state-run electricity wholesaler Cammesa.Local officials warn that crypto mining, together with an already feeble energy infrastructure, is putting their energy grid at the risk of collapse.

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2022-05-01 10:13:23 Sphere Finance is a project dedicated to acquiring governance, farming liquidity and incubating projects that generate deep liquidity with the aim of taking over projects all over Polygon, and later other chains. It yields profits and sends them out in the form of $SPHERE tokens.

It is going to come out with a V2 contract soon. If you think you're late to the hype train, think again! They will make the APY sustainable, earn even more governance while also making the market whale proof. No whales are going to manipulate this. So far, they've also incubated 3 projects and have a huge share in them! Join the S&P 500 of Crypto now!

Telegram: https://t.me/SphereDeFi
Discord: https://discord.gg/w5BxKy7tJX
Twitter: https://twitter.com/SphereDeFi
Website: https://sphere.finance/ Open / Comment

2022-04-30 19:15:05 Battered Bitcoin Miners Increasingly Turn to Debt Financing

Debt financing will be a positive catalyst for the shares of the publicly traded crypto miners whose stocks have tumbled this year as crypto and broader equity markets saw significant sell-offs, according to Wall Street analysts.

Due to their high correlation to the prices of the assets they mine, crypto mining stocks saw rapid appreciation last year as the price of bitcoin soared to an all-time-high. However, the rally evaporated this year with a lower bitcoin price, rising network hashrate and brutal competition.With markets off their peak, access to capital has also become somewhat restricted for the miners who need large amounts of funding to stay competitive and grow.

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2022-04-29 08:24:02 Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips

Bitcoin (BTC) miner Argo Blockchain’s (ARBK) raised 2022 hashrate guidance to 5.5 exahash per second (EH/s), an almost 50% increase from previous guidance of 3.7 EH/s, mostly driven by mining rigs that use Intel’s (INTC) new chips.

“With our mining operations at Helios [the company's flagship mining facility located in Dickens County, Texas] expected to commence in May, along with the development of custom mining machines using Intel’s next-generation Blockscale ASIC chips, Argo is well-positioned to continue its growth with a focus on delivering for our shareholders,” said CEO Peter Wall in a statement.

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2022-04-28 15:29:02 Fort Worth to Become First US City to Mine Bitcoin

Fort Worth, the fifth-largest city in Texas, will become the first U.S. city to start mining bitcoin (BTC) via a new pilot project. The project was approved in a vote by the city council on Tuesday as part of a larger docket of crypto-friendly initiatives.

According to a statement, the city has partnered with the Texas Blockchain Council (TBC), an advocate for blockchain technology in the state, for the program. Fort Worth will maintain three Bitmain S9 mining computers in a climate-controlled location in the Information Technology Solutions Department Data Center located at Fort Worth City Hall.

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2022-04-27 19:26:51 Crypto .com made a major move into federal lobbying at the start of the year -Link

@Crypto_Ethereum_Bitcoin Open / Comment

2022-04-27 11:07:02 Galveston district uncovers cryptocurrency-mining devices at schools

Galveston Independent School District President Tony Brown took a moment Wednesday night to publicly thank the district’s information technology department for uncovering a surreptitious cryptocurrency-mining operation underway at six different schools.

Cryptocurrency is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. The first and most popular cryptocurrency, bitcoin, launched more than a decade ago.Since then, students and rogue government employees have been mining for the virtual currencies, in some cases using computer equipment, electrical power and network processing power that belongs to their schools or employers, according to publication Government Technology.

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2022-04-26 10:53:02 Scaramucci’s SkyBridge Starts Fund for Bitcoin Mining

SkyBridge Capital, the investment firm founded by financier and former Donald Trump aide Anthony Scaramucci, started a new investment vehicle, to invest in bitcoin mining, according to a U.S. Securities and Exchange Commission (SEC) filing.

The investment vehicle, which is called SkyBridge BTC Mining L.P., raised about $7 million, according to the filing.SkyBridge created the fund for selected limited partners to co-invest in privately held, industrial-scale bitcoin miner Genesis Digital Assets, according to a source familiar with the deal.Previously the hedge fund was part of Genesis’ $431 million capital raise last year.

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