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Crypto Caverns Goes ‘Climate Positive’ With KlimaDAO Partnership

Crypto Caverns is proud to announce that we are going climate positive by offsetting double our carbon emissions via on-chain partner and climate action organization KlimaDAO through their Klima Infinity program. KlimaDAO is a decentralized collective of environmentalists, developers and entrepreneurs,  and is recognized as one of the most high-profile proponents of facilitating the nascent … Read more

What is Crypto Mining and Why does it Matter?

Digging up Bitcoins

Though the name may evoke mental images of picks, pans and shovels, the reality is much more complex — and digital. Crypto mining is a method by which new cryptocurrencies — Bitcoin, Ethereum, etc. — are entered into circulation, as well as how transactions are verified. The process is complex, entailing massive, decentralized networks of … Read more

Bitcoin Uses Half The Energy Of Traditional Banking, Study Shows

photography of electric tower during sunset

Cryptocurrency critics often bash Bitcoin’s power use, most frequently citing a University of Cambridge study that ranks its annual power drain in the top 30 electricity consumers worldwide. But a new report championing Bitcoin’s green credentials calls those claims into question. The four-year, peer-reviewed study from Paris-based consultancy firm Valuechain shows that the energy consumption … Read more

With Gray Glacier update, Ethereum dodges difficulty bomb

iceberg on body of water digital wallpaper

The Ethereum network’s scheduled major upgrade, Gray Glacier, has officially gone live on the network, pushing the difficulty bomb back by 700,000 blocks, or roughly 100 days. The update was rolled out with the publication of block 15,050,000 on the cryptocurrency network — the world’s second largest by market value — and was announced by … Read more

Why We’re Moving Into Hydroelectric Power

Moving Into Hydroelectric Power Crypto Caverns is proud to announce that it is fully moved in to its Plattsburgh, New York facility. This move represents a major shift in Crypto Caverns’ global strategy, as we see North America as the next center for cryptocurrency mining. Hydropower has been providing America with clean electric energy for … Read more

Getting Ready For Lift-Off!

Hey Friends and Miners, Jacob here! We are currently getting ready to launch our Mining machine backed NFT called CavernCores. If you’ve always wanted to get into the mining game without the hassle this might be for you! We’ve been super busy with our new data-center in New York and have been working up to … Read more

Temporary suspension in new hostings

Given the ongoing situation in China we have decided to suspend offering our hosting services to new customers. We want to emphasize the fact that we have not been effected by the situation in China at this time and we are taking these actions proactively. Furthermore we want to assure existing customers that we have … Read more