Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies.
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S.
Bitcoin miners in the United States explain how energy-efficient models will help keep operations profitable post-halving.
Bitcoin miners have been seen offloading again as reserves slump to a yearly low, dropping more than 10,000 BTC in a single day.