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Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says
22.4.2024
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said
Bitcoin Miners May Be Due a Breather After Spot ETF Approval, JPMorgan Says
11.1.2024
The total market cap of the listed miners in the bank’s coverage has increased 131% since the end of September
Cryptocurrency Miner Kidnapped for Ransom in Russia
1.1.2024
In Izhevsk, Russia, a 23-year-old bitcoin miner was forcefully abducted from his residence as kidnappers demanded a ransom of 15 million rubles ($166,000). 23-Year-Old Russian Bitcoin Miner Kidnapped for Ransom On Dec. 25, in a rapid sequence of events, it was reported that the crypto miner...
Oman Flags Off New Crypto Mining Facility With Expansion Plans As The Country Bets On Blockchain
22.8.2023
Oman has launched a new digital asset mining facility, the second flagged off within months as it seeks to diversify the economy away from oil exports.
The Middle Eastern country has flagged off the faculty which cost about 135 million Omani rials approximately $150 million and would be operated...
New Crypto Lobbyist Group Emerges in Washington, Seeks to Allay Misconceptions in the Sector
16.8.2023
Cryptocurrency miners are getting a dedicated mining lobbyist group tasked with dispelling fears around the activity among citizens and policymakers.
The group, the Digital Energy Council was unveiled on Aug 15 and will now open up discussions with policymakers in Washington on the sustainability...
Marathon Digital Q2 results miss revenue and earnings forecasts
9.8.2023
Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023
The Crypto Miner Reckoning: No Fate but What We Make
29.4.2023
As Bitcoin ages into its teens, it’s time to move beyond tribalism so we can work collectively with legislators and innovate business models of the future, writes Samir Tabar of Bit Digital
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner
16.2.2023
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now...
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
27.1.2023
The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland
1.8.2021
Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires...
Riot Blockchain Bitcoin production jumps 80% over pre-halving levels
12.4.2021
The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined