The fight against an unsustainable crypto mine at Greenidge Generation on the banks of Seneca Lake in Yates County, New York is picking up. This ongoing debate highlights important issues regarding environmental justice and the long-term viability of cryptocurrency mining. At KnowingCoin.com, we focus on what really matters. We lay...
The Greenidge Generation crypto mining facility as seen on July 22, 2021, in Dresden, Yates County, New York. It continues to be at the focus of today’s hot debate. Unfortunately, this facility is currently powered by fracked natural gas. It has drawn fierce criticism for its huge carbon emissions and...
Ethereum (ETH) is at an extremely important crossroads, trading under $2,500 with major resistance. Ethereum has had a tough time breaking above this critical psychological level, even with a recent $269m inflow into Ethereum investment products. This article discusses the implications of this flood. It further analyzes how it might...
The battle over the environmental effects of cryptocurrency mining is getting hot. Currently, in New York State, ambitious climate goals are running up against the energy-intensive needs of crypto operations. Greenidge Generation, a gas-fired power plant that has recently pivoted to primarily focus on Bitcoin mining, sits in the middle...
We all know losing cryptocurrency is an emotional gut punch. The flipside of that freedom is that crypto’s decentralized, self-custodied nature often makes mistakes permanent—and expensive. Be it a lost password, a phishing attack, or just a bad DevOps day, that sinking feeling is all too familiar. Luckily, the increasing...
The financial landscape is rapidly changing, and the cryptocurrency marketplace is leading the charge into the future. The world’s first US staked cryptocurrency exchange-traded fund (ETF) is set to launch shortly. This landmark decision has the potential to redefine the landscape of how investors interact with digital assets. This ETF,...
Ethereum, the second largest cryptocurrency by market capitalization, is making all the right moves. Or perhaps it is finally ready to bust out after months of choppy consolidation. With quick declines like this, analysts are searching for any early indicators. From institutional investments to network activity to upgrades on the...
REX Financial and Osprey Funds are set to introduce the first staked Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs) in the United States. Such a historic and inventive step would completely reshape this industry! According to LeeChiaJian, this development has the potential to greatly expand access to crypto investments...
ETH is the second-largest cryptocurrency by market capitalization. While it has been in a downward consolidation for the last four years, analyst Merlijn The Trader thinks this bear market is about ready to be broken. In contrast with Anthony’s bullish forecast for Ethereum, Merlijn expects a major Ethereum rally, possibly...
The cryptocurrency and digital asset world is characterized by dynamic innovation, fierce competition and rapid change. Of a wide variety of digital assets, Bitcoin and XRP have emerged as two of the most recognizable and widely debated cryptocurrencies. Bitcoin, now popularly referred to as “digital gold,” more or less opened...
