In the world of cryptocurrency, Bitcoin mining has emerged as a lucrative endeavor. With its decentralized nature and potential for high returns, many investors have been enticed by the prospects of striking gold in the digital realm. However, for one individual, what seemed like a dream quickly turned into a harrowing nightmare in the Kentucky… Continue reading In the Kentucky Mountains, a Bitcoin Mining Dream Turned Into a Nightmare
Category: mining
The Green Economy Is Hungry for Copper—and People Are Stealing, Fighting, and Dying to Feed It
The Green Economy Is Hungry for Copper—and People Are Stealing, Fighting, and Dying to Feed It In recent years, there has been a growing global push towards a cleaner and more sustainable future. As we strive to reduce our carbon footprint and transition to renewable energy sources, one element in particular has become a vital… Continue reading The Green Economy Is Hungry for Copper—and People Are Stealing, Fighting, and Dying to Feed It
Instead of Mining the Deep Sea, Maybe People Should Just Fix Stuff
Instead of Mining the Deep Sea, Maybe People Should Just Fix Stuff As our planet’s resources continue to dwindle, humans have been actively exploring alternative means to satisfy our insatiable appetite for materials. One such avenue is deep-sea mining, the process of extracting valuable resources from the depths of our oceans. However, there is a… Continue reading Instead of Mining the Deep Sea, Maybe People Should Just Fix Stuff
Joe Biden’s new monument near the Grand Canyon stops some — but not all — uranium mining
Joe Biden’s newly-announced national monument near the Grand Canyon has been welcomed by environmentalists and tribal groups as a much-needed protection of one of the United States’ natural gems. The declaration of the new Wildlife Conservation and Threatened and Endangered Animals Protection Monument covers 1.7 million acres of public land, and the Bureau of Land… Continue reading Joe Biden’s new monument near the Grand Canyon stops some — but not all — uranium mining
Starlink Terminals Found in Illegal Mining Areas of Brazil’s Amazon
Brazil’s Amazon rainforest has been home to illegal mining activities for many years, with devastating effects on the environment and the health of those who live in the area. But the latest discovery of Starlink terminals in these illegal mining sites comes as a new surprise. Starlink is a satellite broadband technology developed by Elon… Continue reading Starlink Terminals Found in Illegal Mining Areas of Brazil’s Amazon
Bitcoin miner Argo to avoid bankruptcy with $100M deal from Galaxy Digital
Argo Blockchain, a U.K.-based bitcoin mining company, has signed a $100 million deal with Galaxy Digital, a digital asset merchant bank, that could avert the mining firm’s potential bankruptcy. The deal was announced this week and will see Argo receive $18.1 million in cash and over $81.5 million in Galaxy Digital shares. The shares will… Continue reading Bitcoin miner Argo to avoid bankruptcy with $100M deal from Galaxy Digital