Global Crypto Mining News ( Aug 2 to Aug 9）
1、Genesis Digital Assets Raises $125M to Fuel US and Nordic Expansion
Genesis Digital Assets has raised $125 million in equity funding to fuel its expansion plans in the U.S. and the Nordic region. The investment was led by Kingsway Capital, a U.K-based private equity fund with over $2 billion in assets under management.
2、COMPASS MINING TO OFFER U.S. CLIENTS TAX-EFFICIENT BITCOIN MINING
U.S. clients of Compass mining can now mine bitcoin directly into a Choice Individual Retirement Account without triggering a taxable event, per a press release sent to Bitcoin Magazine.
3、Marathon Digital to Buy $121M of Mining Machines From Bitmain
Marathon Digital Holdings said it agreed to buy $120.7 million of bitcoin mining machines from Bitmain. The contract is for 30,000 Antminer S19J Pro machines, the company said in a statement.
4、Hive Purchases 4,000 Bitcoin Mining Machines From Canaan
Canaan Technology signed a new batch of 4,000 mining machine orders with the Canadian listed compnay HIVE Blockchain. The order will be completed in two tranches by the end of September. The machines have an aggregate hash power of 272 PH/s. PH/s stand for one quadrillion “peta” hashes per second, a measure of how many calculations a mining machine can compute in one second.
5、Zcash is considering the transition from POW to POS
The current mining machines include the Antminer Z15. Chinese miners are undoubtedly opposed to it, but the POS transformation of ETH will trigger many imitators.
6、The London upgrade was officially launched
At 20:34 Beijing time, the block on the Ethereum chain reached a height of 12,965,000, and the London upgrade was officially launched. After the upgrade, about 4,700 Eth were burned a day, totaling about 13 million U.S. dollars. The 24h income of Eth miners has decreased by 12.6% (ETH), and the fee income has been reduced by half.
7、After the launch of Swarm BZZ, China Cloud Mining Companies began to refund, or replace Swarm computing power with FIL power
8、Code Chain New Continent Completes Doo Limited Acquisition
Code Chain New Continent Limited (NASDAQ: CCNC), a leading eco-technology company, is pleased to announce that it has completed the previously announced acquisition of all asset of Doo Limited, a Filecoin mining service provider, pursuant to an asset purchase agreement dated July 28, 2021 by and between the Company and Doo, for an aggregate purchase price of $16,442,109.95, payable in the form of 7,647,493 shares of the Company’s common stock, valued at USD$2.15 per share.
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Global Crypto Mining News ( July 26 to Aug 1）
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