#ASIC News

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Bitcoin Mining Stocks Thrive While Hash Rate Slides Post Halving

thedefiant.io Leading mining stocks rallied by more than 17% since Tuesday. Shares in major Bitcoin mining firms have surged by more than 17% since April 16 amid Bitcoin’s fourth…

Australian legal clash over wallet provider evokes Gensler’s hardline tactics

dlnews.com A legal fight in Australia is pulling back the curtain on how crypto players down under are wrestling with the same challenges as their counterparts in the US. In the latest…

Hashlabs Mining to Fight the Cold Finnish Winter With Bitcoin Mining

bitcoinnews.com In Finland, a pioneering project is harnessing energy from mining Bitcoin to heat homes during the cold winter months. Hashlabs Mining, a Bitcoin mining infrastructure firm,…

Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip

cryptonews.com Jack Dorsey’s payments company Block has shifted its focus from designing chips to developing a full Bitcoin mining system. In a recent blog post, Block unveiled its…

Bitcoin Mining Pools Have Become Critically Centralized

tftc.io Looking at the merkle branches that mining pools send to miners as part of stratum jobs, it's clear that the BTCcom pool, Binance pool, Poolin, EMCD, Rawpool, and possibly…

Green Bitcoin Mining: Paypal Proposes Reward System For “Sustainable” Miners

bitcoinist.com PayPal’s Blockchain Research Group has joined Energy Web and DMG Blockchain Solutions to support “sustainable” Bitcoin mining. According to the paper, the collaboration…

Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation

cryptonews.com Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is “deeply undervalued,”…

Jack Dorsey’s payments company, Block, is building its own bitcoin mining system

cnbc.com Block Inc logo is seen displayed in this illustration taken, April 10, 2023. Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin…

Efabless Announces the Launch of the Tiny ML on Tiny Tapeout Contest

benzinga.com PALO ALTO, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Efabless Corporation, the creator platform for chips, is excited to announce the launch of the Tiny ML on Tiny Tapeout…

Ground-breaking Project in Finland Uses Bitcoin Mining to Heat Homes

cryptonews.com A new project in Finland is turning energy from Bitcoin mining into energy to heat homes. Hashlabs Mining, a Bitcoin mining infrastructure firm, has pioneered a…

Beyond the Halving: The Future of Bitcoin Mining Stocks

marketbeat.com is the pioneering cryptocurrency that has revolutionized the fintech sector since its inception in 2009. Underpinning this digital currency is a decentralized ledger known…

What is Bitcoin Mining? A Comprehensive Guide

bitcoinnews.com Many are surprised when they first hear about a “mining” process being associated to a digital asset. Therefore, one of the very first questions newcomers to Bitcoin ask is…

Gold Miners Will Trade At "Multiples" Of Current Prices

zerohedge.com Gold Miners Will Trade At "Multiples" Of Current Prices Submitted by QTR's Fringe Finance Friend of Fringe Finance Lawrence Lepard released his most recent investor letter…

Bitcoin Runes Launch at the Halving: Here's Everything You Need to Know

decrypt.co Bitcoin is front and center again, and orange coin lovers everywhere have plenty to be excited about: new all-time high prices, the upcoming halving, rising demand for…

Breaking Down The 2024 Bitcoin Halving: Implications & Predictions For Bitcoin Miners

zerohedge.com Breaking Down The 2024 Bitcoin Halving: Implications & Predictions For Bitcoin Miners Authored by 'El Sultan Bitcoin' via Bitcoin Magazine, The Bitcoin halving event, a…

Decentralization and Localized Manufacturing: Bitcoin, AI and 3D printing

bitcoinmagazine.com In the 1997 book The Sovereign Individual, William Rees-Mogg and James Dale Davidson make a convincing case that again and again throughout history, the dominant power of…

Breaking Down The 2024 Bitcoin Halving: Implications and Predictions for Bitcoin Miners

bitcoinmagazine.com The Bitcoin halving event, a pivotal occurrence, is scheduled for April, 19 2024. This quadrennial event will reduce the block subsidy for Bitcoin miners from 6.25 BTC to…

Australian Regulator Says Crypto Is a Debenture That Requires Regulation

news.bitcoin.com The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory…

Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

news.bitcoin.com According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which…

What Bitcoiners Are Saying About the Upcoming Bitcoin Halving

finance.yahoo.com On April 19, or whenever a bitcoin miner mines block number 840,000, the amount of bitcoin {{BTC}} entering into circulation will halve from about 900 a day to 450. This…

Supermicro: Cooling The AI Boom

forbes.com thesis is that this computing revolution will boil the oceans as the demand for the end product, intelligence, has no limit. I’ve written about this twice recently on…

Bitcoin’s 4th Halving

coinmetrics.substack.com Get the best data-driven crypto insights and analysis every week: • None Bitcoin will undergo its 4th halving at block 840,000, (est. April 20th), with block rewards falling…

Uminers Initiates Construction of New Data Center in Ethiopia

beincrypto.com Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as…

EBC Financial Group Partners with United to Beat Malaria, a Campaign of the United Nations Foundation, to Protect Vulnerable Children and Their Families from…

benzinga.com WASHINGTON, April 16, 2024 (GLOBE NEWSWIRE) -- Today, EBC Financial Group (EBC) announced a new partnership with United to Beat Malaria (Beat Malaria), a campaign of the…

10 Best Free Bitcoin Cloud Mining Sites Offering Daily Payouts in 2024

coinpedia.org The post 10 Best Free Bitcoin Cloud Mining Sites Offering Daily Payouts in 2024 appeared first on Coinpedia Fintech News Cryptocurrency cloud mining simplifies the process…

Halving Might Bring Suffering in Short Term, Analyst Charles Edwards Says By U.Today

investing.com U.Today - As the fourth (BTC) halving is getting closer, cryptocurrency analysts publish various forecasts about its potential impact on the digital asset market. While most…

7 Semiconductor Stocks to Turn $100,000 Into $1 Million: April 2024

investorplace.com Semiconductor stocks are a buy as the Nasdaq continues to make higher highs. These companies have been benefiting from the growing demand for electronic devices and the…

Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure

cryptonews.com Amidst growing concerns about national security and infrastructure vulnerabilities, China’s role in the cryptocurrency sphere has become a focal point of discussion.…

Mining through the halving: Survival strategies for 2024

cryptoslate.com Bitcoin’s 4th halving event is scheduled to occur on April 22nd, at event block height 840,000. As each block, containing executed transactions, is mined, it is stamped with…

Crypto Firms $104 Million Collapse: Australian Watchdog After Two Unlicensed Companies

bitcoinist.com According to local reports, the Australian Securities and Investment Commission (ASIC) has started legal procedures against two crypto companies and their directors for…

Australian Crypto Mining Companies Collapse into Liquidation Owing 450 Investors

cryptonews.com The Australian Securities and Investments Commission (ASIC) has received a nod from a Federal Court to appoint receivers for digital assets held by a group of collapsed…

$41,000,000 in Crypto Seized From Blockchain Mining Group in Australia

dailyhodl.com Authorities have seized over $41 million from a blockchain mining group in Australia for allegedly operating without a license. According to a new press release by the…

Bitcoin Mining Braces For A Shakeout As Halving Nears

investors.com The approaching bitcoin halving is sending some bitcoin mining companies running for cover. Others, meanwhile, are rushing out to score good deals. "We're really paying…

Australian Court Seizes $41M in Crypto from NGS Group

coingape.com An Australian Federal Court has ordered the seizure of approximately US$41 million in digital assets from the NGS group of blockchain mining companies. This ruling is the…

Bitcoin Mining Difficulty Surges to ATH as Halving Nears

bitcoinnews.com As the highly anticipated Bitcoin halving event draws near, the mining landscape witnesses a significant surge in complexity, with Bitcoin mining difficulty hitting a new…

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request

coindesk.com None Australia's market regulator opened civil proceedings against the NGS group of blockchain mining companies. • None About US$41 million in digital assets invested with…

Australian regulators bust unlicensed blockchain mining companies

cointelegraph.com ASIC launched civil proceedings against two Australian cryptocurrency firms, NGS and DCA Capital, following a collapse as investors are still owed over $160 million.

Alchip Technologies Showcases High-Performance Computing Successes at CDNLive

benzinga.com Santa Clara, CA, April 12, 2024 (GLOBE NEWSWIRE) -- Alchip Technologies, Ltd. the high-performance ASIC leader, will exhibit at Cadence CDNLive on April 17th. The company…

$41 Million Crypto Investment Scheme Collapses in Australia

financemagnates.com In Australia, a massive cryptocurrency investment scheme involving approximately US$41 million and over 450 investors has collapsed. The country’s financial market regulator…

Illegal Crypto Mining: Russian Police Seize More than 3,200 Rigs in Siberia Raids

cryptonews.com Russian police have seized over 3,200 crypto mining rigs in raids on four large “illegal” data centers in Siberia. Per the Novosibirsk branch of the Russian power provider…

Rocketing Returns: 3 Tech Stocks Set to Blast Off by 2026

investorplace.com Exploring the untapped potential of these stocks in the rapidly evolving tech landscape, poised for significant growth by 2026 In the rapidly evolving field of technology…

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