News with the tag "Hydro"

Ethiopia Earns $1 Billion from Bitcoin Mining with Hydropower in 2024 Ethiopia has emerged as a surprising player in the cryptocurrency space, earning $1 billion in Bitcoin mining revenue in 2024. This achievement was made possible by harnessing excess electricity generated by the Grand Renaissance ...

In a significant development, the Royal Government of Bhutan has transferred 406.074 Bitcoin (BTC) , valued at approximately $40 million , to QCP Capital , a leading cryptocurrency investment firm. This transaction, reported by Onchain Lens , underscores Bhutan’s growing role in the global cryptocur...

If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.

Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled Bitcoin Mining Rigs The Chinese application-specific i...

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go way back,...

Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash.

Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and scheming to defraud investors. They used Moonwalkers Trading to inflate HYDRO price via fake orders, profiting $2M in seven months. Two men have been sentenced for manipulating the price of Hyd...

In a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud...

A federal judge in Florida has sentenced Michael Kane, the former CEO of Hydrogen Technology Corporation, to nearly four years in prison after he pleaded guilty to securities fraud related to a crypto price manipulation scheme. The post Ex-Hydrogen Technology Executives Sentenced for HYDRO Token Pri...

Former Hydrogen Technology top executives Shane Hampton and Michael Kane will spend around three years in prison. The US Department of Justice announced their convictions in a press release for their roles in defrauding investors and manipulating the price of HYDRO. Also read: SEC wins $2.8M in a la...