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Greenidge Expands Bitcoin Mining Operations in Mississippi

[Jul 11 12:50 PM] Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and is expected to increase capacity further in the coming…

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

[Jul 11 12:33 AM] The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23…

Trump to Address Bitcoin 2024 Conference in Nashville

[Jul 10 7:26 PM] According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin…

Grayscale Sets Record Date for Ethereum Mini Trust Distribution

[Jul 10 9:10 AM] Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly formed Grayscale Ethereum Mini Trust. The distribution will be allocated to shareholders of the existing Grayscale Ethereum…

Bitcoin transfer costs fall to 2020 lows

[Jul 10 2:12 AM] Bitcoin transaction fees hit a four-year low on July 7, falling to $38.69. Miners remain profitable due to reduced network difficulty and lower computational power needs.