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Cryptocurrency mining produced increasing revenue over the last several years, leading to 63 million U.S. dollars on a single day in 2021. Bitcoin mining is an investment, weighing the cost of energy and hardware against the expected returns. Mining pools, or groups of miners, tend to be located in regions where electricity is inexpensive. These miners also follow different virtual currencies, mining the cryptocurrency that they expect will have the highest return.  Cryptocurrencies are virtual commodities designed...

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US cryptocurrency exchange to provide CFTC regulated futures and options trading West Realm Shire Services Inc. (“FTX.US” or “the Company”), a leading US-regulated cryptocurrency exchange, today announced that it executed a sale and purchase agreement to acquire Ledger Holdings Inc., parent company of LedgerX LLC. (“LedgerX”), a Commodity Futures Trading Commission (CFTC) regulated digital currency futures & options exchange and clearinghouse. The acquisition is anticipated to close, pending satisfaction of customary closing conditions. Brett Harrison, President of FTX.US,...

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Bit Digital, Inc. (Nasdaq: BTBT) (the “Company”), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2021. Financial Highlights for the Second Quarter 2021 Revenue from bitcoin mining was $28.3 million. The number of bitcoins earned was 562.9. 70.8% of our miner fleet was deployed, in transit to, or awaiting installation in North America at June 30, 2021. We owned 32,500 miners, with 3,515 miners acquired in the second quarter...

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Crypto Asset Rating, Inc. (CAR INC), a US-based Fintech company, announced today its launch of a digital security token using the company’s Tokenization Asset Platform. The security token is backed by Class B Common Stock and is exempt from registration under Regulation S of the Securities Act of 1933 where only non-US investors can invest in the offering. The funds raised during the token sale will be used mainly for product development, marketing, and infrastructure management....

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BIT Mining Limited (NYSE: BTCM) (“BIT Mining,” “the Company,” “we,” “us,” or “our company”), a leading cryptocurrency mining enterprise, today reported its unaudited financial results for the second quarter ended June 30, 2021. Cryptocurrency Business Progress BIT Mining has completed the transition of its business to an enterprise that covers cryptocurrency mining, data center operation and mining pool. The Company has commenced ethereum mining operations outside of mainland China, with a theoretical maximum total hash rate capacity of 600 GH/s deployed...

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Celsius, the leading global cryptocurrency earning and borrowing platform, announced today the opening of its retail-lending services to customers in California. Earlier this month, Celsius received its Finance Lender license in California, enabling the company to expand its operations in the state and provide Californians with even more industry-leading financial tools. Currently, borrowers in California can request a Celsius loan issued in USD and stablecoins against 39 cryptocurrencies at 0% APR (25% LTV). With a minimum request amount of...

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Maison Reserve & Co. a Dallas-based company launches the world’s first cryptocurrency tethered to the supply and demand of real products, backed by R&D, manufacturing, distribution, sales, and loyalty rewards, on a transparent and fool-proof ledger — Blockchain. With transaction costs decreasing, and a deflationary path for ETH in sight partly due to the London hard fork, Maison Reserve & Co. selected Ethereum as the blockchain foundation for building the core of the platform. “By using smart contracts,...

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