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Meta Will Officially Shut Down Its Novi Cryptocurrency Wallet

By Hannah Perez Meta’s digital wallet, which was designed for the cryptocurrency formerly called Libra, will stop working in September 2022. *** Meta permanently closes your Novi wallet. Users must withdraw their money before September 1st. A final point for the Facebook cryptocurrency project. Will Meta move away from cryptocurrencies? the tech giant Goalparent of …

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The force of nature shut down 30 thousand Bitcoin miners

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Key facts: Marathon, one of the US mining companies, was affected by the rains. Most of the equipment is turned off and it is estimated that it will be turned on next week. Bitcoin mining is not immune to nature. A storm shut down a mining farm of the Marathon company, in the United States, …

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3 Ethereum testnets to be shut down after merger

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Key facts: Until the end of 2022, developers and users can migrate to Goerli and Sepolia. These two testnets will still be available after the merger with the new chain. The Ethereum Foundation, an organization that includes the main developers of this network, confirmed what will happen to several test networks after the merger with …

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Bitcoin miners shut down their equipment due to heat wave in Texas

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Key facts: Temperatures in the US state of Texas have reached 40 degrees Celsius. Bitcoin miners help stabilize supply and demand on the power grid. High weather temperatures in the US state of Texas generate high peak demand for energy, and Bitcoin miners are helping balance the regional power grid. According to a report From …

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“I’m about to shut down the rigs” due to low profitability, says an Ethereum miner

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Key facts: Joaquín Leal, an Ethereum miner, recommends buying crypto instead of mining right now. Ethereum mining difficulty is about 14.50 P. The profitability of Ethereum (ETH) mining is also suffering from the impact of the red market that has been reported since the last two weeks. There are miners who are seriously thinking about …

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Foxconn factory shut down, Apple production slows

Texas Crypto Miners Shut Down Operations As Winter Storm Approaches

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For DailyBitcoin Editor Texas Governor Greg Abbott had already asked miners in October 2021 to shut down operations for the US winter. *** Several crypto miners in Texas are already shutting down some or all of their operations as the region expects extreme weather due to a storm likely to test the state’s power grid …

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