Tag: mining
Everything you need to know about crypto mining.
Chinese Province of Sichuan Cuts Power Supply to Bitcoin Miners
Reading Time: < 1 minuteThe authorities of the Chinese province of Sichuan, which is known for its cheap electricity thanks to local hydroelectric power plants, have ordered state-owned power plants and distributors to stop […]
Burfa Tech Seals $26 Million Crypto Mining Equipment Deal With Bitmain
Reading Time: 3 minutesBurfa, a tech-focused Estonian conglomerate specializing in IT, fintech and data processing, concluded a 26-million-dollar deal with Bitmain.
Mining Suspension in Xinjiang Drags Down BTC Mining Difficulty by 5%
Reading Time: < 1 minuteThe difficulty of mining Bitcoin has fallen by 5.3% to 19.8 trillion dragged down by a decline in the hashrate of the largest crypto.
Bitcoin Mining Council Says Elon Musk Will Not Have Any Role
Reading Time: < 1 minuteThe Bitcoin Mining Council has just shared more details about its objectives.
Chinese Authorities Order Miners in Qinghai to Cease Operations
Reading Time: < 1 minuteThe Provincial Department of Industry and Information Technology of Qinghai has ordered local mining companies to cease all their operations.
Payments Company Square Teams Up With Blockstream to Launch a Solar BTC Mine
Reading Time: < 1 minuteSquare has just announced it plans to build a green Bitcoin mine in the US that will only work with solar energy.
78% of Canaan’s Revenue Comes From Overseas
Reading Time: < 1 minuteCanaan has just unveiled on its Q1 financial report most of the company’s revenue comes from other countries.
NVIDIA: Demand for GPUs Will Decline as ETH Moves to Proof-of-stake
Reading Time: < 1 minuteNVIDIA believes the change of Ethereum’s consensus algorithm from the current proof-of-work to proof-of-stake is a threat to the company.
Iran Imposes Temporal Ban on Cryptocurrency Mining
Reading Time: < 1 minuteCryptocurrency mining will be banned in the country until September 22. The ban will come into effect immediately.
North American Miners Team Up to Create Bitcoin Mining Council With Elon Musk
Reading Time: < 1 minuteElon Musk has announced on his Twitter profile that he has been speaking with North American miners to make crypto mining greener.
Ethereum Miners Will Make Record Revenue Despite Ether’s Price Fall
Reading Time: < 1 minuteThe miners of Ether, the native token of Ethereum, will make record revenue this month in spite of the fall in the price of the crypto.
Iranian Authorities Will Fine Cryptocurrency Miners Using Household Electricity
Reading Time: < 1 minuteThe country’s Ministry of Energy has unveiled its plans to impose a fine on crypto miners who use household electricity.
Bitcoin’s Mining Difficulty Experiences Highest Increase Since 2014
Reading Time: < 1 minuteThe difficulty of mining the first cryptocurrency in the market has experienced its highest increase since 2014.
Ethereum Miners Make More Money Than Bitcoin’s
Reading Time: < 1 minuteEthereum miners are making more money than BTC miners over the past days