Breaking News
More fluctuations ahead for Cryptocurrency?
Aegis Data warned that the increasing volatility of the virtual currency market means that cryptocurrency miners should protect their organisations by moving operations to a highly-resilient, purpose-built colocation data centre.
Yet, while the value of cryptocurrencies has suffered its ups and downs, the challenges associated with mining them have only increased. Solving the complex computational algorithms to verify transactions consume vast amounts of power, which increases as the time required to mine more tokens extends.
Cryptocurrency mining now consumes more than 30 terawatt-hours of power globally, higher than that of 159 countries. While the typical hardware used for mining has a small physical footprint (unless you’re a full server farm dedicated to cryptocurrency mining), when the additional cost to power and cool the racks has been considered, it can cut deep into potential profits.
Greg McCulloch, CEO of Aegis Data said “The wild fluctuations of the cryptocurrency market show that cryptocurrency miners need to keep their operations under control and as power efficient as possible. A key concern from potential miners, is how to get the energy and compute resources required to power cryptocurrency mining software.
By using a highly-resilient, purpose-built data centre, they can rest assured in the knowledge that the data centre can handle the massive energy requirements, required for mining in the most efficient way possible. Data centres also provide stability in a volatile market and are capable of scaling up and down as requirements demand but also back up power generators to ensure that your racks are kept running whatever the happens. Third-party provides also offer a myriad of security measures ranging from CCTV, secure man traps, gates and fences to security guards.
Resilient, reliable data centres can provide cryptocurrency miners with to help they need to reduce the risks and costs associated with virtual mining and maximise the amount of profit that can be made.”
- Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally Read more
- Belize Bank Expands e-commerce Acceptance in the Cloud with BPC, Marking a Decade of Payments Modernization Read more
- Alkami and Cornerstone Advisors Release the 2026 Digital Banking Performance Metrics Report for Retail and Business Banking Read more
- UK Fintech Payments Company Icon Solutions Honoured With King’s Award For Enterprise Read more
- Fintech Marketing Community 2026: The New FinTech Marketing Playbook – Trust, Authenticity, and Customer-Centric Growth Read more
Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally
Bitget, the world’s largest Universal Exchange (UEX), has introduced its Scan to Pay feature on Bitget Pay, enabling users to spend USDT directly at offline merchants by scanning QR codes through the Bitget App.
Belize Bank Expands e-commerce Acceptance in the Cloud with BPC, Marking a Decade of Payments Modernization
The Belize Bank Limited is redefining the country's digital economy with the launch of cloud-based e-commerce acquiring. By expanding its SmartVista-powered capabilities to include secure online transactions, the country’s most enduring full-service bank is removing barriers for Belizean merchants. This milestone marks ten years of payments innovation alongside BPC, reinforcing The Belize Bank’s commitment to driving a modern, secure, and accessible financial future.
Alkami and Cornerstone Advisors Release the 2026 Digital Banking Performance Metrics Report for Retail and Business Banking
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced the release of its new research, the 2026 Digital Banking Performance Metrics Report, commissioned by Alkami and conducted by Cornerstone Advisors. Now in its seventh year, the report expands beyond retail banking for the first time to include new benchmarks for business digital banking, while continuing to deliver insights into digital banking adoption, user engagement, and performance trends.
UK Fintech Payments Company Icon Solutions Honoured With King’s Award For Enterprise
Icon Solutions, the UK fintech enabling banks to design and implement state-of-the-art payment systems, has been awarded a prestigious King’s Award for Enterprise in the Innovation category.
FIS Selected to Streamline Reconciliations for Australia’s Largest Bank
FIS has been selected by the Commonwealth Bank of Australia to streamline reconciliations through FIS Data Integrity Manager
Keel Emerges From Stealth as Profitable BaaS Platform
Keel, the Manchester-based BaaS platform, is emerging from stealth after reaching profitability and building traction with a growing roster of fintech clients
£100billion Opportunity for British Consumers: How Digital Banking Can Transform the Financial Lives of UK Households
Digital tools that enable financial empowerment by supporting consumers to take control of their financial lives could unlock £100billion for households over the next decade, according to new research commissioned and published by Lloyds Banking Group
Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally
Bitget, the world’s largest Universal Exchange (UEX), has introduced its Scan to Pay feature on Bitget Pay, enabling users to spend USDT directly at offline merchants by scanning QR codes through the Bitget App.
Belize Bank Expands e-commerce Acceptance in the Cloud with BPC, Marking a Decade of Payments Modernization
The Belize Bank Limited is redefining the country's digital economy with the launch of cloud-based e-commerce acquiring. By expanding its SmartVista-powered capabilities to include secure online transactions, the country’s most enduring full-service bank is removing barriers for Belizean merchants. This milestone marks ten years of payments innovation alongside BPC, reinforcing The Belize Bank’s commitment to driving a modern, secure, and accessible financial future.
Alkami and Cornerstone Advisors Release the 2026 Digital Banking Performance Metrics Report for Retail and Business Banking
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced the release of its new research, the 2026 Digital Banking Performance Metrics Report, commissioned by Alkami and conducted by Cornerstone Advisors. Now in its seventh year, the report expands beyond retail banking for the first time to include new benchmarks for business digital banking, while continuing to deliver insights into digital banking adoption, user engagement, and performance trends.
UK Fintech Payments Company Icon Solutions Honoured With King’s Award For Enterprise
Icon Solutions, the UK fintech enabling banks to design and implement state-of-the-art payment systems, has been awarded a prestigious King’s Award for Enterprise in the Innovation category.
Fintech Marketing Community 2026: The New FinTech Marketing Playbook – Trust, Authenticity, and Customer-Centric Growth
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Convergence of Competitive Rates and Digital Experience in Savings
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
MoneyPilot You Didn’t Know You Had: How MoneyPilot Is Turning Missed Settlements into Real Payouts
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]