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April 25, 2023
Subscribe to Mining Memo
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| Price |
$27,421 |
▲0% |
| Hashrate |
351 EH/s |
▼-1.68% |
| Difficulty |
48.71 T |
▲1.2% |
| Revenue* |
$0.072 |
▲10% |
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Bitcoin mining can save the cows
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Nothing is safe–even the cows.
The environmentalist movement is taking aim at cattle farming due to the methane byproduct from cattle digesting grass . Chiefly using carbon taxes, it's thought that taxation will increase the price of beef
and dozens of cow byproducts and therefore decrease the amount of beef consumed by buyers–potentially bankrupting cattle farmers who can’t keep up with a changing landscape.
All is not lost, however. Future cattle farmers may turn to wild solutions to tame their leaky methane problem, including Bitcoin mining.
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Click
here to continue reading.
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Mining News Feed
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Bloomberg / Coinbase Takes Jab at SEC With Lawsuit Over Rule Petition
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CoinDesk / Embattled Crypto Mining and Wallet Firm Poolin Moved $150M in Bitcoin
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CoinDesk / Bitcoin Price May Hit $100K by Year End, Standard Chartered Bank Says
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Crucial to hashing power, energy efficiency, and machine reliability, hashboards are the heart of mining operations. Foundry's comprehensive, hands-on Intro to Hashboard Diagnosis and Repair course is designed to equip miners with the necessary skills to tackle common hardware failures in house, eliminate repair bottlenecks, and quickly bring machines back online.
Offered by the same experts who provide top technical training for Mining Technicians in the U.S., the next Intro to Hashboard Diagnosis and Repair course takes place in Rochester, NY from June 26-30.
Register today at FoundryAcademy.com |
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Today we are joined by Jamie Leverton and Asher Genoot of Hut 8 and US BTC to discuss the merger of the two Bitcoin mining firms. We talk about US BTC’s operations, its strategic purchases in 2022 and merging the two firm’s assets.
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Watch on YouTube
here.
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Chart of the Week
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Bitdeer (BTDR) went public via SPAC two weeks ago, merging with Blue Safari Group. The stock suffered upon entry, shedding about 30% of value.
Source: Seeking
Alpha
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| Argo Blockchain |
1.85% |
$1.33 |
$8.46 |
| Hut 8 |
0.48% |
$1.69 |
$4.01 |
| Greenidge |
-0.72% |
$0.52 |
$6.95 |
| Canaan |
-1.40% |
$2.49 |
$4.54 |
| Riot Platforms |
-1.59% |
$10.29 |
$14.43 |
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*As of Tuesday, April 25.
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