New York Cryptocurrency Miners Will Pay a Premium for Electricity

Mining cryptocurrencies like bitcoin in the state of New York will become more expensive as power providers are now cleared to charge higher electricity rates for crypto mining firms. In a ruling [PDF] on Thursday, the New York State Public Service Commission – the state’s public utility regulator – has …

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Lightning Strikes (Again!) as Lightning Network Software Storms to Beta Release

The Lightning Network has officially been declared ready for mainnet usage as Lightning Labs has released the first beta version of the open-source development team’s much-anticipated software. Lightning Network Software Receives Beta Release The San Francisco-based Lightning Labs announced Thursday that it had released lnd 0.4-beta, the fourth major release …

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Cryptocurrency Continues to Slump, Bitcoin Remains Stable at $8,200

The cryptocurrency market has continued to slump over the past few weeks, as both major and minor cryptocurrencies followed the price trend of bitcoin. Bitcoin’s Lead Throughout the past 24 hours, bitcoin hasn’t recorded large price movements and remained in the range of $7,900 to $8,300. At the time of …

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