Here’s why Australia can’t use its empty deserts to mine Bitcoin
Sunny skies and wide open spaces may seem the perfect place to mine Bitcoin using cheap solar power, but one industry insider tells Forkast there’s much more to it than that.
-
-
Binance’s investment in Forbes is a wake-up call for the crypto industry
When the world’s biggest crypto exchange acquires a major stake in the business publication it once sued for defamation, should we worry?
-
China customs seizes 49 second-hand crypto mining rigs for export
Dongguan customs in China’s southeast seized 49 second-hand Ant miners declared “shoe material” for export, at least the third seizure in February, state media reported on Monday. See related article: Kazakhstan busts 13 illegal Bitcoin mining farms amid power concerns Fast facts See related article: China to ‘outdate’ crypto mining industry with more restrictions
-
Kazakhstan busts 13 illegal Bitcoin mining farms amid power concerns
Kazakhstan’s energy authority has identified and disconnected 13 unauthorized crypto mining farms in the country, as the government continues to ramp up efforts to regulate the sector. See related article: Crypto mining’s Great Migration continues — out of Kazakhstan Fast facts The Ministry of Energy said on Monday that an inspection team has shut down…
-
Australia’s NRL latest sporting league to ink crypto sponsorship
Australia’s National Rugby League (NRL) has announced Brisbane-based crypto exchange Swyftx will be the league’s first official crypto sponsor until 2025, with a one-year extension option. See related article: Crypto.com inks AU$27M deal with the Australian Football League Fast facts For an undisclosed amount, Swyftx will support all NRL and NRLW games and finals, as…
-
Memecoins prove their staying power, despite industry skepticism
Last weekend’s rally shows there is still life left in memecoins. Industry insiders weigh in on where they stand in the long run.
-
How DeFi can kickstart a sustainable post-pandemic economy
Decentralized finance has not yet done much real-world good, writes Ben Sheppard. But putting it to work on small infrastructure projects can do just that.