Page 9 - Blockware Solutions News Today

Luxor Technology Raises $5.0M in Series A Funding Luxor Technology Corporation, a Seattle, WA-based hashrate as a commodity company, closed a $5.0m Series A funding. The round was led by NYDIG with participation from mining companies Blockware Solutions, Celsius Network, DPO, Navier, and Supplybit. In addition, Bitnomial, Hodl Capital, and Routemaster participated alongside many strategic angel investors. In addition to leading the equity round, NYDIG will collaborate with Luxor on a number of...

Luxor Technology Closes $5.0M Round Led by NYDIG, With Participation From US Mining Firms 06/09/2021 | 01:32pm EDT Send by mail : Message : Luxor Technology Corporation (“ Luxor”) announced today the closing of a $5.0 million Series A led by institutional Bitcoin technology and financial services firm NYDIG. In addition to leading the equity round, NYDIG will collaborate with Luxor on a number of mining-related ventures and hashrate-based products. Also participating in the equity round are...

DeFi Technologies, Pomp Investments Invest in DeFi platform SOVYRN DeFi Technologies (NEO: DEFI, GR: RMJR, OTC: RDNAF) has invested alongside Pomp Investments (Anthony Pompliano’s investment fund) into SOVYRN, one of the first implementations of decentralized finance technologies specifically designed for the Bitcoin network. This new model for financial services enables transactions between different parties to be processed through distributed ledger technology, or blockchain, rather than ce...

3 bitcoin-mining experts explain why concerns around the cryptocurrencys massive energy consumption are overblown egraffeo@businessinsider.com (Emily Graffeo) © Olga Maltseva/Getty Images Bitcoin mining uses vast amounts of electricity Olga Maltseva/Getty Images Bitcoins recent rally has reignited fears that mining the coin is harmful to the environment, because of the among of energy required. But cryptocurrency experts argue that concerns about bitcoins energy consumption h...

Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. Lawmakers Urge Greater Crypto Appeal Despite Purported Costs Motivated by the explosive growth in blockchain technology and the increased spotlight at cryptocu...

RIOT Stock Up 7% in Pre-market, Mason Jappa Joins Riot Blockchain Advisory Board Jan 14 2021 · 14:09 UTC | Updated Jan 14 2021 · 16:08 by staff writer · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. In the last two years, Riot has already made several additions to its board of directors. According to a statement released by Riot Blockchain Inc (NASDAQ: RIOT), the Chief Executive Officer of Blockware Solutions Mason Jappa would be joining the advisory b...

Analysis Bitcoin mining started out as a small endeavor taken on by a few individuals repurposing home computers to mint virtual coins that were, at the time, almost worthless. Fast forward to 2020, and Bitcoin (BTC) mining has become a formidable industry of its own, constantly growing and evolving alongside Bitcoin itself. Today, the Bitcoin network’s hash rate is sitting at around 129 EH/s, acting in a similar way to the price of Bitcoin, even following the halving in October this yea...