SEC Sues Geosyn Mining for $5.6M Investor Fraud
The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
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The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
Researchers from PayPal's Blockchain Group propose incentivizing Bitcoin miners to adopt greener practices using economic principles, potentially reducing Bitcoin's environmental impact significantly.
The Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities.
Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56.
Bloomberg reported that crypto mining companies' stocks continued to fall on Monday, following the stock market's trend on the New ...
“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
"All publishers, including those seeking opportunities in emerging technologies, must ensure that their disclosures are timely, complete and accurate," said Kristina Littman.