RIG Financial News
03.07 / 02:47
UPS
Target
Reuters
Manufacturing
RIG
Oil prices
Oil prices slip on global economic slowdown fears
Oil prices slipped in early Asian trade on Monday as global macroeconomic headwinds and possible further interest rate hikes from the U.S. Federal Reserves offset forecasts of tighter supplies amid OPEC+ cuts. Brent crude futures dropped 20 cents, or 0.3%, to $75.21 a barrel by 0044 GMT after settling up 0.8% on Friday.
30.06 / 09:05
16.06 / 02:37
28.05 / 02:33
MET
Digital
CEO
coinbase
RIG
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Executives from the US-based cryptocurrency exchange Coinbase, including CEO Brian Armstrong, have visited the United Arab Emirates (UAE) to explore the potential for crypto operations in the region. The visit comes as Coinbase seeks to expand its international presence and establish strategic hubs in key locations around the world.
19.05 / 07:45
Provident
BTC
Digital
Manufacturing
RIG
Remark
Bitcoin
Bitcoin Price Prediction: Indecision as Symmetrical Triangle Forms, $26.5K to $27.5K Range in Focus
In the current market, Bitcoin is showing signs of indecision as a symmetrical triangle formation takes shape.
17.05 / 17:11
Citi
Digital
CEO
coinbase
RIG
Marathon
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have announced a partnership to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, called the Abu Dhabi Global Markets JV Entity, will be based in Mina Zayed and Masdar City in the United Arab Emirates, and will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid, claiming it will increase its base load and sustainability.
16.05 / 07:15
BTC
Man
RIG
crypto mining
Bitcoin
BTC Mining
raid
Paraguay Police Raid Unearths 300 Stolen BTC Mining Rigs
Police have recovered 300 Bitcoin (BTC) mining rigs stolen from a farm in Paraguay, following a major operation conducted by the nation’s Anti-Kidnapping Department (DAS).
15.05 / 16:55
BLOCK
Maxim
RIG
Enterprise
Intel
Bitcoin
Block's 5nm Bitcoin Mining Chip Prototype
The financial services and technology business Block, which is controlled by Jack Dorsey, has just finished the prototype design of its new 5nm Bitcoin mining chip. This was done with the intention of decentralizing the supply of Bitcoin mining rigs. The business noted that the development of Bitcoin mining ASIC rigs is both financially and technically hard, which has led to an excessive concentration of the ownership of specialized mining silicon in the hands of a few number of enterprises. It is believed that miners and the Bitcoin network as a whole would suffer from the negative effects of this concentration.
21.04 / 15:41
Digital
Progressive
Platform
RIG
crypto mining
Two Russian Crypto Laws Could Roll Out in June – Here’s What You Need to Know About Them
Russian lawmakers could finally end the country’s long wait for crypto regulation – with two bills reportedly ready for adoption as early as June.
20.04 / 03:15
13.04 / 00:06
03.04 / 18:17
UPS
BTC
Lowe's
RIG
Bitcoin
Time
Low
Bitcoin [BTC] emission intensity hits new all-time low- Here’s why
One problem Bitcoin [BTC] miners have faced is the complaints about energy draining and untenable greenhouse gas emissions on the environment. But as of press time, the emission intensity reached a new All-Time Low (ATL), according to a Woobull chart shared by Daniel Batten (a climate activist).
28.03 / 11:43
22.03 / 23:01
COST
BTC
RIG
Bitcoin [BTC] miners see green: Will there be a relief in selling pressure
In the latter half of 2022, many Bitcoin [BTC] miners were facing the heat as the king coin’s prices kept decreasing. The costs of energy and machinery were causing them to sell their BTC to remain profitable. However, as the prices of BTC surged, mining started turning profitable.
18.03 / 20:07
Blockchain
UPS
Ethereum
Citizens
Platform
RIG
Love Hate Inu: The Viral Crypto Platform That Rewards You for Voting - How to Buy Before Price Increases?
Voting is a civic right that allows citizens of a particular region to select their leaders. The process is often done within a particular timeframe and is ideally free and fair.
17.03 / 13:35
UPS
Digital
CEO
RIG
Bitcoin
Marathon
Q4
Bitcoin Miner
Bitcoin miner Marathon Digital’s Q4 2022 revenue declines to this figure
Marathon Digital Holdings, a Bitcoin mining company, announced on 16 March that its revenue for the fourth quarter of 2022 fell 58% year on year to $28.4 million.
16.03 / 21:25
Blockchain
BLOCK
Pool
RIG
Bitcoin
Bitcoin Miner
Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000
Bitcoin mining is the process by which miners add new blocks to the Bitcoin blockchain. Miners must use computational power to solve complex mathematical equations to create a valid block hash. When a miner successfully creates a valid block hash, they receive a block reward of new bitcoins as well as transaction fees.
10.03 / 20:51
Facebook
Blockchain
Digital
Microsoft
Fighting
RIG
This New Crypto Will Be a Breakout Success During the Metaverse Winter – Here’s Why
The metaverse is a concept that has been thrown around for the past two years. So far, several companies like Facebook (now Meta) and Microsoft are pouring millions of dollars into embracing this new fantasy world before any other.
06.03 / 22:07
RIG
Hashrate
Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why
Over the last few months, Bitcoin miners have reaped the benefits of BTC’s short-term rally. Interestingly, besides BTC’s price, the hashrate of the network has also increased.
22.02 / 21:41
Provident
BTC
Lowe's
RIG
Bitcoin
Iceland is ‘Europe’s last Bitcoin mining refuge,’ but concerns emerge
On 21 February, Bitcoin [BTC] mining researcher Jaran Mellerud published a report on the state of Bitcoin mining in Iceland. He noted that the European country is the world’s largest hash rate producer per capita.
20.02 / 10:11
COST
UPS
Provident
RIG
Bitcoin
boost
CleanSpark Buys 20000 New Bitcoin Miners to Boost
CleanSpark, a Bitcoin miner, is expanding its mining capacity in the United States by purchasing 20,000 additional Antminer S19j Pro+ machines for a total cost of $43.6 million. It is anticipated that the acquisition would increase the processing capacity of the firm by 37%. Additionally, the transaction will bring the total number of miners acquired during the bear market up to 46,500 units.
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