With many parts of Texas enduring days of temperatures well over 100 degrees Fahrenheit in July, many crypto miners have shuttered operations in anticipation of the state’s energy grid being unable to meet demand. Many crypto miners in the Lone Star State have announced they have already scaled back or shut down operations in anticipation of demand Texas’ energy grid may not be prepared to handle. "I moved all of my mining equipment out of the house so it is no longer dependent on the cooling of my home. I put everything in the garage and adjusted core/mem to run efficient and within spec. So far, I have reached the hottest parts of the summer with no issues. I am...
Maybe your local gas station now has a sticker on the front door. Buy Bitcoin here! Has anyone used or seen anyone using these machines yet? You must know how these work. I'm guessing there has to be fees. I'm seeing the business that controls these is called coinsource. In fact,We have one of those coinflip crypto atms in the store I work at. Little old lady comes in talking on the phone, is trying to figure out how to work it. So I go over to help. I'm already concerned because the elderly don't normally do crypto stuff. So I ask her what she's trying to do, and if she needs help. She tells me the guy on the phone is...
A Coinbase Product Manager was Just Charged With Insider Trading and Arrested While Trying to Flee the Country Former Coinbase Employee Allegedly Tipped His Brother and Friend Regarding Crypto Assets That Were Going to be Listed on Coinbase Exchanges. Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today the unsealing of an Indictment charging ISHAN WAHI, a former product manager at Coinbase Global, Inc. (“Coinbase”), NIKHIL WAHI, and SAMEER RAMANI, with wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading in cryptocurrency assets by using confidential Coinbase information about...
The metaverse has been a hot topic these days, and in our recent podcast, Raoul Pal defined it as "digital mobility."So what exactly is it? Why is it so important? How will the metaverse emerge? How does it relate to the real world and our identity?And what is the role of Ethereum in this whole process? Emergence of the Metaverse:As the NFT mania has grown, so has the conversation around the "metaverse" where everyone talks about it but no one tries to meaningfully define it.This paper provides an actionable proposal for what the Metaverse actually is.The "metaverse" will be a combination of many different layers and technologies, but all components of the metaverse will adhere to a single shared source...
You know,there are a lot of CB rumors right now involving liquidity and potential bankruptcy. First, I have seen no credible report that indicates CB is about to go bankrupt. CB going bankrupt would be a huge setback for crypto and I have to imagine that if CB was in such serious trouble that they were about to go bankrupt there would be a significant number of wealthy people or groups that would be highly interested in buying enough shares of CB to take control of the company or to buy them out and take the company private again. Second, writing stories about CB maybe going bankrupt is a good way to get your article clicked online so I imagine...
