Tag: mining
Everything you need to know about crypto mining.
Riot Blockchain Announces it’s Expanding its Mining Capacity by 1 GW
Reading Time: < 1 minuteCrypto mining company Riot Blockchain has just announced that it plans to build a 1 GW Bitcoin mining facility in Texas.
New York Assembly Greenlights Two-Year Mining Restriction Bill
Reading Time: < 1 minuteThe lower house of the New York State Legislature has voted in favor of a bill designed to freeze current levels of carbon emissions from cryptocurrency mining.
US Congressmen Call for Proof-of-Work Testing for Environmental Damage
Reading Time: < 1 minuteA group of US congressmen have asked the Environmental Protection Agency of the US to review the mining industry for environmental risks and compliance with relevant laws.
IMF Warns Russia Could Use Crypto Mining to Evade Sanctions
Reading Time: < 1 minuteThe IMF believes Russia can use mining to circumvent economic sanctions.
MicroBT Launches New Miner Whatsminer M50 Series
Reading Time: < 1 minuteCrypto miner maker MicroBT has recently introduced the Whatsminer M50 series at the Bitcoin 2022 conference in Miami.
Intel Announces Launch Date of its New Chip for BTC Mining
Reading Time: < 1 minuteChip maker Intel has recently announced the release of a new chip designed for Bitcoin mining.
Bit Digital Returns 39% of Mining Devices Back to Network After Moving From China
Reading Time: < 1 minuteThe Nasdaq-listed mining company has deployed 39.2% of cryptocurrency mining rigs in North America a few months after leaving China.
More Than 100 Crypto Mining Companies Close in Kazakhstan
Reading Time: < 1 minute106 mining enterprises have ceased their activities in Kazakhstan.
Mining Startup Blockmetrix Attracts $43M
Reading Time: < 1 minuteUS-based crypto mining startup Blockmetrix has raised $43 million in a Series B funding round.
Mining Pool BTC.com Suspends Registrations of Russian Users
Reading Time: < 1 minuteMining pool BTC.com suspended the registration of new users from Russia on March 5, 2022.
Hackers Demand Nvidia Remove Hashrate Limit From its GPUs
Reading Time: < 1 minuteLAPSUS$ has announced it is ready to disclose or sell 1 terabyte of stolen confidential data if the graphics card maker does not unlock mining restrictions in the new RTX 30 series.
Helium Rent Launches A New Way to Rent Helium Mining Hotspot to Bolster Cloud Mining Profitability
Reading Time: 2 minutesHongkong, Hongkong, 1st March, 2022, Chainwire As more people begin to explore the realm of cryptocurrency, a new, fast-growing startup is helping people mine for Helium with minimized risks. HeliumRent, […]
13 Mining Farms Are Shut Down in Kazakhstan During Several Raids
Reading Time: < 1 minuteThe authorities of Kazakhstan have identified and stopped the activities of 13 illegal crypto mining farms.
Miners Sold Their Bitcoins in Early February
Reading Time: < 1 minuteAccording to a recent report released by Glassnode, the fall of the market in 2022 was partially caused by Bitcoin miners.
Kazakhstan Wants to Raise Taxes on Crypto Mining
Reading Time: < 1 minuteThe President of Kazakhstan has instructed at a government meeting to increase the tax on crypto mining and identify all mining farms.
Greenidge Generation Invests $264M in New Crypto Mining Venture
Reading Time: < 1 minuteCrypto mining company Greenidge Generation has announced it intends to build a data center for mining cryptocurrencies in South Carolina (USA).
Bitcoin Mining Difficulty Hits New Record High
Reading Time: < 1 minuteThe difficulty of mining the largest cryptocurrency in the market has increased by 9.32% as a result of the last recalculation.
The European Union Wants to Ban Mining of Cryptos Based on Proof-of-Work Algorithm
Reading Time: < 1 minuteEU regulators should ban the mining of Bitcoin and other cryptocurrencies on the Proof-of-Work algorithm due to its energy intensity.
Malaysian Police Catches Criminal Group Mining Crypto Illegally
Reading Time: < 1 minuteThe police in Manjung District, southwestern Perak, Malaysia, has carried out a large-scale operation to fight electricity theft.
Hackers Are Spreading Hidden Miners Through Pirated Version of Spider-Man
Reading Time: < 1 minuteCybercriminals are actively distributing malware for hidden cryptocurrency mining via a torrent file with the popular movie “Spider-Man: No Way Home.”
Metamining Uses an Innovative Cooling Solution to Make Bitcoin Mining Farms Viable in The Middle East
Reading Time: 2 minutesMetamining is a Bitcoin mining operation that spans over 30,000 machines securing the network and collecting BTC block rewards.
72 Bitcoin Miners Worth $60,000 are Burned in Thailand
Reading Time: < 1 minuteA Bitcoin mining farm consisting of 72 ASIC miners burned down in the Thai province of Chiang Mai in early December.
Bitcoin Hashrate Recovers to Record Highs
Reading Time: < 1 minuteThe hashrate of the Bitcoin network has recovered to around 175 EH/s this week after plummeting to 84 EH/s in June.
Mining Firm TeraWulf Raises $200M Through Loan and New Share Issuance
Reading Time: < 1 minuteTeraWulf has raised $200 million through debt and equity financing.
The Fall in Shares of Mining Companies Opens Up Opportunities for Their Purchase
Reading Time: < 1 minuteInvestors see public mining companies as analogous to investing in leading cryptocurrencies. Their recent sell-off has created buying opportunities.
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