Crypto Miner TeraWulf Pays Off Outstanding Debt
Crypto mining company TeraWulf announced on July 9 that it has paid off its debt sooner than expected with a final payment of $77.5 million.
Crypto mining company TeraWulf announced on July 9 that it has paid off its debt sooner than expected with a final payment of $77.5 million.
Canadian Bitcoin mining company Hut 8 has recently announced a power purchase agreement for a site in West Texas that provides 205 megawatts of available power.
HK, HongKong, 4th July 2024, Chainwire
Singapore, Singapore, 4th July 2024, Chainwire
Marathon, a Bitcoin mining company, has expanded its mining operations to include the layer 1 protocol Kaspa in order to increase its revenue.
A property with 2,738 units dedicated to crypto mining in Salto del GuairĂ¡, Paraguay, was recently confiscated by the National Electricity Administration (ANDE) after an investigation revealed unauthorized power connection in the area.
Following a recent adjustment, the difficulty level for mining the first cryptocurrency increased by 1.48% to 84.38 T.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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