Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November…

Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining…

US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments

The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts cryptocurrencies for payments of utility bills. ‘The First Government-Hosted Cryptocurrency Kiosk’…

Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs

On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets to…

Coinbase to Improve Customer Support in US and India by Acquiring AI Platform Agara

Coinbase is acquiring an AI-powered support platform Agara in an effort to deliver “world-class support for customers.” The exchange explained that “Through this acquisition, we’ll be able to provide our customers with new personalized, intelligent, and real-time support options.” The acquisition…

Crypto Network Hashrates Recover From Summer Slump — Ethereum’s Hashrate Captures All-Time High

On November 2, 2021, the Ethereum network’s global hashrate tapped an all-time high (ATH) at 873 terahash per second (TH/s) or close to 1 petahash. Alongside Ethereum’s ATH, a myriad of hashrates have returned back to the highs the network’s once…

Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC

The price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run has been re-ignited. Speculators are predicting a bitcoin exchange-traded fund (ETF) will be approved soon and…

The ‘Feels Guy’ Gets Blockchained — Rare Wojak NFT Project to Launch 4,000 Randomly Generated Wojaks

While Pepe the frog and Doge made it into the limelight with unique and rare non-fungible token (NFT) assets, another NFT meme collection tied to the infamous 2010 meme “Wojak” has entered the fray. A new NFT collection stemming from the…