Tag: Miner

Zimbabwean Miner Launches Blockchain-Based Gold Tracking System

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Zimbabwean mining company, Kuvimba Mining House, has introduced a blockchain-based mine-to-market traceability system for its gold production in the country. This system ensures that all gold from Kuvimba is traceable from the mine to international markets. Kuvimba, the country’s largest gold producer, emphasizes transparency, legitimacy, and responsible mining. The Comstack system, utilizing blockchain technology, enhances […] Source link

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Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M

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Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish a steering committee comprised of ministry officials and executives from Marathon. Joint Steering […] Source link

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Bitmain Launches Antminer S21 Pro, Its Most Advanced Bitcoin Miner

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Today, one of the largest Bitcoin mining rig manufacturers, Bitmain, announced the launch of the Antminer S21 Pro at the Global Digital Mining Summit (WDMS) 2024, an event the company hosts. 💥ANTMINER S21 Pro Newly Launched❗️234T ❗️15.0J/T📈Create a New Level of Hashrate pic.twitter.com/wZyUv7pbOQ — BITMAIN (@BITMAINtech) March 29, 2024 The new device, an improvement upon its most efficient mining rig, the S21, is notably more efficient—and powerful—than the previous iteration of the device. Irene Gao, VP of Mining at Bitmain, highlighted in her announcement how the Antminer S21 Pro has a…

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Memecoin sends BTC fees to the moon, miner profits top $50B…

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Top Stories This Week Memecoin hype drives Bitcoin transaction fees to multi-year highs The ongoing trading frenzy of memecoins like Pepe has triggered an unwanted consequence for Bitcoin (BTC) — raising its transaction costs to their highest point in two years. On May 3, the total amount of fees paid on the Bitcoin blockchain reached $3.5 million, jumping about 400% from late April. Bitcoin’s BRC-20 token standard has become the latest trend in the crypto ecosystem amid the rise of memecoins. A total of 8,500 different tokens have been minted…

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