crypto mining-3

CDCROP: Mining rig (Getty Images)
Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners
Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.
CDCROP: Mining rig (Getty Images)

(Eliza Gkritsi/CoinDesk)
New York Imposes 2-Year Moratorium on New Proof-of-Work Mining After Gov. Hochul Signs Bill
The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) cryptocurrency mining.
(Eliza Gkritsi/CoinDesk)

CDCROP: Data center
Crypto Mining Data Center Firm Soluna Tumbles After Capital Raise
The company raised about $2 million in a share sale.
CDCROP: Data center

CDCROP: Ethereum Boardroom (Dalle-E/CoinDesk)
Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee
ETHW initially stumbled, but mining support from Binance customers could in theory help.
CDCROP: Ethereum Boardroom (Dalle-E/CoinDesk)

CDCROP: A bitcoin mining farm
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
Marathon Digital’s primary mining hosting provider, Compute North filed for Chapter 11 protection Thursday afternoon.
CDCROP: A bitcoin mining farm

CDCROP: Bank of America sign (Getty Images)
Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners
The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing.
CDCROP: Bank of America sign (Getty Images)

Ethereum goes greener (Midjourney/CoinDesk)
Vitalik Buterin Says Ethereum Merge Cut Global Energy Usage by 0.2%, One of Biggest Decarbonization Events Ever
Ethereum now spews out less carbon dioxide than a few hundred U.S. households, according to a report.
Ethereum goes greener (Midjourney/CoinDesk)

CDCROP: The White House in Washington D.C., DC, USA (Tabrez Syed/Unsplash)
White House Calls for Crypto Mining Standards to Minimize Environmental Impact
The report is the first public response to U.S. President Joe Biden's executive order on crypto, and also called for standards to be set to reduce energy usage.
CDCROP: The White House in Washington D.C., DC, USA (Tabrez Syed/Unsplash)

DO NOT USE: Cryptocurrency mining rigs sit on racks at a facility
Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources
SPAC deals have been getting axed in recent months due to adverse market conditions.
DO NOT USE: Cryptocurrency mining rigs sit on racks at a facility

Man looking at currency trading app on his smart phone from his home office
Institutional Investors Are Increasingly Using Crypto Options Trading to Hedge Their Bets in Bear Market
Options trading volume has risen on crypto exchanges, and even miners are using options strategies to muddle through the current uncertain environment.
Man looking at currency trading app on his smart phone from his home office