Ethiopia, which is fueling bitcoin mining with excess hydropower from Renaissance Dam, earned $1 billion last year, or 18% of its electricity revenue. The country's success in turning excess hydropower into a profitable asset has attracted a number of global investors, leveraging low energy costs to drive sustainable energy economic growth in Africa.
According to Ember Monitor, BitMEX co-founder Arthur Hayes released 9.018 million ENA and then recharged 7 million ENA (about $8.47 million) to Binance.
Cosmos Hub published an announcement on the X platform that the Hydro protocol is about to be launched, and ATOM pledgers will be incentivized to participate in voting. According to the Cosmos announcement, users need to pledge their ATOM tokens and convert them to LSM, and then transfer the LSM to Neutron to get voting rights. Each time they participate in the proposal vote, they will be incentivized. The fewer people choose the same option, the higher the reward.
On August 13, MSCI Corporation (MSCI) announced the results of the index review in August. Among them, the MSCI China index newly included two stocks of Huaneng Hydropower and Shenghong Technology, excluding 60 stocks such as Emma Technology, AVIC Plaza Industrial and Financial, China Baoan, China Film and Da Shenlin. Since the MSCI China index is nested into the MSCI emerging market index, the entry of stocks into the MSCI China index means entering the MSCI global standard index series, thus o...
LSDFi protocol Hydro Protocol said in a post on X that the synthetic dollar protocol Injera has allocated 2 million ERAs to the Hydro community, and details will be announced next week.
The Department of Justice announced the conviction of HYDRO founder Shane Hampton and head of financial engineering Michael Kane for manipulating the price of Hydrogen Technology's HYDRO tokens. The enforcement agency also said that the two men's sale of HYDRO constituted an unregistered investment contract, and they were sentenced to two years and 11 months and three years and nine months in prison, respectively. After investigation, it was found that the two hired a third-party company, Moonwa...
Former Hydrogen Technology Corporation CEO Michael Kane was sentenced to 45 months in prison for manipulating cryptocurrency prices, and former head of financial engineering Shane Hampton was sentenced to 35 months. Kane was charged with manipulating the volume and price of Hydro (HYDRO) tokens and pleaded guilty to securities price manipulation and telegraphic transfer fraud. The case is the first time cryptocurrencies have been recognized as securities in a federal criminal trial.
前Hydrogen Technology Corporation CEO Michael Kane因操纵加密货币价格被判45个月监禁,前金融工程负责人Shane Hampton被判35个月监禁。Kane被指控操纵Hydro (HYDRO) 代币交易量和价格,并认罪证券价格操纵和电汇欺诈。此案是联邦刑事审判中首次认定加密货币为证券。
On June 18th, Bitmain, a manufacturer of cryptocurrency mining hardware, launched two new mining machines - the Antminer S21XP and the S21XP Hydro - at the World Digital Mining Summit in Las Vegas on June 17th. The air-cooled S21XP has a hash rate capacity of 270TH/s and an energy efficiency of 13.5J/TH. The S21XP Hydro is also equipped with water cooling and immersion cooling mode, which can increase the hash rate output to 473TH/s at 12J/TH efficiency, while the immersion cooling mode provides...