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Bitmain Eyes Launch Of Mining Machines For Privacy-Centric Blockchain
Monday, October 23, 2023 - 4:33pm | 469China-based Bitcoin mining technology company, Bitmain looks to launch mining machines for a proof-of-work blockchain, Aleo which looks to achieve privacy using zero-knowledge proofs. Without explicitly mentioning the launch timeline, the company disclosed the product as Antminer model, which is...
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Bitcoin Mining Giant Marathon Faces Another SEC Subpoena For Montana Data Center
Thursday, May 11, 2023 - 9:27am | 341Bitcoin mining company Marathon Digital (NASDAQ: MARA) received a second subpoena from the U.S. Securities and Exchange Commission (SEC) concerning its 100-megawatt data center located in Hardin, Montana. Marathon disclosed in a quarterly report on May 10 that the subpoena, issued on April 10, was...
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Crypto-Friendly BankProv Halts Loans Secured By Mining Machines
Tuesday, January 31, 2023 - 2:21pm | 358Massachusetts-based BankProv announced it would no longer offer loans collateralized with crypto mining machines. What Happened: In a Tuesday filing with the SEC, the bank's holding company, Provident Bank, stated the bank's portfolio of digital-asset loans had declined by 50...