Blockchain | Prism News

Bitcoin Mining Difficulty Set to Skyrocket as Efficient Machines and Hashrate Return Online

Prism News
January 15, 2023
0

"Bitcoin miners are preparing for a significant increase in difficulty, with estimates indicating a potential jump of around 10%. The increase is attributed to the return of hashrate online after the recent storm and the deployment of more efficient mining machines. The industry still faces tough economics, with energy costs…

Bitcoin Miner Argo Sells Largest Facility to Avoid Bankruptcy

Prism News
December 28, 2022
0

In an effort to stay afloat, Bitcoin miner Argo Blockchain (@ArgoBlockchain) announces the sale of its largest mining facility to Galaxy Digital.

The Intersection of Blockchain and Religion: The Case of the MazuDAO NFTs

Prism News
December 27, 2022
0

Dajia Jenn Lann Temple in Taiwan is using blockchain technology and non-fungible tokens to modernize the ancient worship of the Chinese sea goddess Mazu

The Stellar Network Delivers Real-World Utility and Innovation in 2022

Prism News
December 27, 2022
0

Impressive growth and updates from the Stellar network @StellarORG, including the rollout of Soroban smart contracts and the launch of MoneyGram Access.

Russia Delays Crypto Mining Bill, What Does It Mean for Miners?

Prism News
December 25, 2022
0

The future of cryptocurrency mining in Russia is uncertain as the government delays its new bill regulating the industry.

Debt-Ridden Bitcoin Mining Companies Struggle to Stay Afloat in Bear Market

Prism News
December 24, 2022
0

Bitcoin mining companies are facing over $4 billion in collective debt, with some at risk of bankruptcy as BTC prices remain low.

British Columbia Makes Bold Move to Protect Climate and Economy from Crypto Miners

Prism News
December 24, 2022
0

In a groundbreaking decision, British Columbia has suspended new electricity connections for crypto mining operations for the next 18 months.

European Bitcoin Miners Shut Down as Power Prices Surge

Prism News
December 23, 2022
1

Bitcoin miners operating in northern Norway and Sweden are being forced to shut down their machines as energy tariffs surge due to high demand and a lack of wind power. The unexpected increase in prices has led miners to turn off their machines in an effort to save on power…

Core Scientific Files for Bankruptcy: The Impact on the Bitcoin Mining Industry

Prism News
December 22, 2022
0

Bitcoin mining company Core Scientific has filed for Chapter 11 bankruptcy, citing decreased revenue due to the decrease in the value of bitcoin and slow reaction time of hashrate to market changes. The company hopes to restructure through negotiations with creditors, but it remains to be seen if it will…

Greenidge Generation Reaches Debt Restructuring Deal with NYDIG to Avoid Bankruptcy

Prism News
December 20, 2022
0

Greenidge Generation, a bitcoin mining firm, has reached a deal with its lender NYDIG to restructure $74.7 million of debt in an effort to avoid bankruptcy. The deal, which is currently in the form of a non-binding term sheet, will see NYDIG purchase 2.8 exahash per second worth of Greenidge's…

Name	Price	24H (%)
Bitcoin (BTC)	$27,215.00	-0.82%
Ethereum (ETH)	$1,779.30	-0.33%
USDEX (USDEX)	$1.07	-0.94%
Tether (USDT)	$1.01	0.41%
BNB (BNB)	$334.92	-1.22%
USD Coin (USDC)	$1.01	0.35%
XRP (XRP)	$0.378666	-0.64%
Cardano (ADA)	$0.341785	-2.38%
Polygon (MATIC)	$1.19	-2.51%
Lido Staked Ether (STETH)	$1,776.13	-0.81%
Dogecoin (DOGE)	$0.074217	-3.00%
Binance USD (BUSD)	$1.01	0.36%
Solana (SOL)	$21.57	0.21%
Polkadot (DOT)	$6.41	-3.19%
Shiba Inu (SHIB)	$0.000011	-2.43%
Litecoin (LTC)	$84.18	-1.80%
TRON (TRX)	$0.066499	-2.38%
Avalanche (AVAX)	$17.22	-2.69%
Dai (DAI)	$1.00	0.16%
Uniswap (UNI)	$6.58	2.65%
Wrapped Bitcoin (WBTC)	$27,229.00	-0.78%
Cosmos Hub (ATOM)	$12.37	-5.31%
Toncoin (TON)	$2.42	-2.25%
Chainlink (LINK)	$7.02	-2.32%
LEO Token (LEO)	$3.38	-3.65%
Ethereum Classic (ETC)	$21.22	3.31%
OKB (OKB)	$48.27	-2.55%
Monero (XMR)	$150.41	-2.54%
Bitcoin Cash (BCH)	$132.82	-2.17%
Filecoin (FIL)	$6.00	-5.39%
Aptos (APT)	$13.04	-4.03%
Stellar (XLM)	$0.086476	-1.83%
Lido DAO (LDO)	$2.52	-1.04%
TrueUSD (TUSD)	$1.01	0.06%
Hedera (HBAR)	$0.063279	-3.37%
Quant (QNT)	$128.68	-2.57%
NEAR Protocol (NEAR)	$2.11	-2.97%
Cronos (CRO)	$0.071360	-2.98%
VeChain (VET)	$0.023349	-3.35%
Internet Computer (ICP)	$5.40	-3.89%
Stacks (STX)	$1.18	-0.89%
ApeCoin (APE)	$4.32	-2.59%
Algorand (ALGO)	$0.217582	-3.56%
The Graph (GRT)	$0.158127	-2.08%
Fantom (FTM)	$0.492978	-2.11%
ImmutableX (IMX)	$1.51	-0.29%
The Sandbox (SAND)	$0.68	-0.37%
EOS (EOS)	$1.12	-2.12%
Decentraland (MANA)	$0.64	-1.50%
Aave (AAVE)	$78.55	-2.73%

Category: Blockchain