Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets.
IBM’s new AI chip offers 22X speedup with ‘mind-blowing’ energy efficiency
The team’s already years into work on the next version of the potentially revolutionary NorthPole hardware.
Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hashrate increases
Cambridge researchers revise the widely-cited index in response to evidence indicating periodic overestimation of Bitcoin mining’s electricity consumption.
Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software
The miner’s bitcoin production per unit of computing power was low in April.
Ledger Bats Back Criticism of New Wallet Recovery Service
“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier.
Crypto community reacts to Ledger wallet’s secret recovery phrase service
Many members of the crypto community believe Ledger’s latest seed phrase recovery feature is a bad idea.
Hut 8’s Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
Cubist Launches Bank-Grade Ethereum Key Management Service
Cubist also announced that Web3 staking provider Ankr is its first key management customer.
CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double Its Hashrate
The brand new Bitmain Antminer S19 XPs miners will be delivered by September.
Iran court orders the release of seized crypto mining equipment
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns.
‘Father of the iPod’ helps Ledger create new cold crypto wallet
Tony Fadell, the man behind the iPod, iPhone and Nest Thermostat, collaborates with major crypto wallet firm Ledger to build a new cold wallet.
Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices
Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy.
Trezor reports 300% surge in sales revenue due to FTX contagion
The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure.
Ledger hardware wallets hit by the FTX earthquake, CTO says
Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports.
CleanSpark acquires mining facility in Georgia for $33 million
This is the second deal the company announced this week citing “substantially discounted price.”
Ledger reportedly seeking additional $100 million in funding
Investors are said to be flocking to cold storage for their cryptocurrency as liquidity concerns plague the industry recently.
Bitcoin miner prices will continue to fall, F2Pool exec predicts
The majority of big crypto mining firms have sold their self-mined Bitcoin, while a few firms like Marathon, Hut 8 and Hive still hold on.
Global GPU price drops to compensate for falling Bitcoin mining revenue
The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment.
Alkemi Earn integration brings DeFi lending to 1.5M Ledger users
The objective of the Ledger project is to provide consumers with a way to purchase and use digital assets without giving up control to third-party platforms or systems.
What happens if you lose or break your hardware crypto wallet?
The safety of the recovery phrase is way more important than keeping the hardware wallet safe, according to executives at Ledger and Trezor.