Swan Bitcoin cancels conference amid staff reduction, mining shutdown
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Is Busier Than Ever, but Bitcoin Mining Isn’t Getting Paid More
Bitcoin is processing more transactions than ever before on an annual basis, but the growing activity is doing little to improve o...
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...
Tether Wins Mining Industry Support For Its Open Automation Toolkit
Tether is trying to make Bitcoin mining equipment easier to operate as one system. Its October 24 announcement brings 15 industry...
Tether’s mining development kit gets backing from 15 mining firms
Tether's MDK initiative could revolutionize Bitcoin mining by fostering interoperability and automation, potentially reshaping ind...
Whale That Bought 100,000 ETH for $0.31 Each Just Sent $2.4M to Kraken
An Ethereum initial coin offering (ICO) buyer who bought 100,000 ETH at $0.31 each just moved another 1,000 ETH, worth about $2.4...
An Ethereum OG Who Bought at $18 Just Cashed out $7.23 Million
An early ether buyer who paid just $18.83 per coin nine years ago has sold 3,000 ETH worth about $7.23 million, a 128x return. The...