Residents around Seneca Lake have been sounding the alarm for their drinking water. Their worries follow an explosion and fire at the Greenridge Generation bitcoin mining facility. The bitcoin mining facility in the former coal power plant. It may be a small facility, but it’s located just outside of Dresden...
Then I think of Sarah, a barista at my neighborhood coffee shop. Always hustling, always talking about wanting more. A year ago, she was only buying Dogecoin with her pocket change, chuckling at the memes. Now? She's seriously looking into Bitcoin mining. It's a wild jump, right? From meme currency...
An oil spill has recently been reported at the Greenridge Generation bitcoin mining facility on the shores of Seneca Lake. Local residents are concerned about potential drinking water contamination from new industrial activity and are demanding better transparency and regulatory oversight. This incident, coupled with the anniversary of a previously...
Greenidge Generation fossil-fueled Bitcoin mining operation, Yates County, New York. Yet the damage it has caused to Seneca Lake’s environment has become the focus of an extreme controversy. Local residents, environmental advocates and state officials have long trumpeted the operations of the plant as detrimental. Some of these operations even...
The cryptocurrency and digital asset world is characterized by dynamic innovation, fierce competition and rapid change. Of a wide variety of digital assets, Bitcoin and XRP have emerged as two of the most recognizable and widely debated cryptocurrencies. Bitcoin, now popularly referred to as “digital gold,” more or less opened...
Is XRP really the answer to Bitcoin’s problems, or is it simply a different shiny object luring us away from the core problems? You’ve all read the articles, the announcements claiming longer-term and quicker transaction times, the utopian green economy. But let's peel back the layers and see if XRP...
We love it, we respect it, but let's be real – it's the financial equivalent of dial-up internet in a 5G world. High fees, glacial transaction speeds…it’s enough to make you want to start yelling into the void of the Gutenberg press. In comes XRP, the money cousin that came...
As you can tell, it’s a harsh world for Bitcoin miners these days. Revenues are down, the halving really bit, and Bitcoin’s having a hard time breaking through that $112,000 ceiling. Photo by Jim Allen/FreightWaves You may be ready to freak out right now. But here's the thing: the smart...
Bitcoin miners are proving to be a resilient bunch, HODLing through the tough times when revenue has been cut in half by a number of market factors. Recent data indicates that miners are accumulating Bitcoin, signaling a potential long-term bullish outlook even as their daily earnings have declined. How Bitcoin’s...
One thought is that bitcoin miners tend to be very nimble to market forces. They are exercising unprecedented restraint at this moment, despite falling revenues and a declining hashrate. Recent data indicates that these miners have stopped selling their Bitcoin (BTC) reserves. After the most recent block subsidy halving, they...
Binance's rapid ascent in the Ethereum liquid staking market, now commanding 20% through wBETH, isn't just another data point. It's a seismic shift demanding our immediate attention. This isn’t an exercise in congratulating one actor for their new market share. This is to help illuminate the potential consequences to the...
Meanwhile, Binance has been taking massive steps in the Ethereum liquid staking market, claiming a dominant 20% market share. This increase is one we should all pay attention to. Let’s take a deep dive into what’s fueling this growth, especially in contrast to incumbents such as Lido. Whether you’re a...
Should we worry that Binance is taking over Ethereum staking? Or perhaps it’s a sign that cryptocurrency is maturing and finally becoming more accessible to the masses. I’m not so sure that’s a dystopian future of centralized control. In reality, it might be the other way around. If nothing else,...
Let's be honest. When you think “meme coin,” you might envision a flash-in-the-pan pump and dump. One intriguing idea for a moment, but by no means something you would gamble your retirement on. I get it. What if I told you there’s a meme coin that’s actually trying to build...
The cryptocurrency market is buzzing with activity. Bitcoin is vehemently approaching the $120,000 roadblock, Ethereum is fuming with positive energy, and altcoins establish an expectation of fortuitous growth. Pepeto takes the spotlight. Amidst this backdrop, a new meme coin, Pepeto, is capturing the attention of investors. This article explores the...
For all of the previously unimagined doors that crypto could open, there is certainly risk involved. LeeChiaJian, a blogger on crypto education, stresses the need to protect your digital currency. This isn’t merely about shopping and huddling, it’s about preventing your cryptocurrency from disappearing by way of preventable blunders. Own...
Listen up, Gen Z and Millennials, we gotta talk. You went all-in on crypto, trying to get your Lambo money and your make-money-whenever life. I get it. You’re gonna lose your hard-earned crypto. Are you really protecting your digital gold, or just leaving the door wide open for calamity? Let’s...
It’s the Wild West of finance, a digital revolution with potential to churn unimaginable wealth. But as with any new frontier, it is full of perils – perils that extend beyond the risk of market crash. Here’s our rundown on the silent killers of crypto investing. These are the deceptively...