An Icelandic power plant relied upon by crypto miners is reportedly under threat from a volcano scientists say is likely to erupt.
Publicly traded Marathon Digital activated experimental software and accidentally mined an invalid block, costing it over $150,000.
“What’s going on?” wrote one X user, while another asked, “you really trying to pass that off as not photoshopped?”
Many believe that Bitcoin users send transactions directly to miners or pool operators. However, things are a little more random than that.
New York Times staff have a decidedly negative take on Bitcoin mining with much of the outlet’s coverage skeptical of proof-of-work.
- Binance invested heavily in lobbying before guilty plea
- Top Binance exec Noah Perlman’s ties to Epstein, Moonstone, and Gemini
- CFTC demands Coinbase user data in suspected Bybit probe
- Tether gives FBI peek behind the curtain
- Binance card withdrawals have been down for a week
- HTX hacked week after Poloniex — now Justin Sun only posts as AI
- Binance and CZ plead guilty but SEC lawsuit remains
- Tether sent $1B to UK firm owned by prominent Conservative donor
- M2: Did Mr. Wonderful endorse the next FTX?