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CleanSpark Aims to Be Among Top Bitcoin Miners With Up to 500MW Expansion
31.3.2022
The deal with Houston-based Lancium will give CleanSpark a mining hashrate of 16 EH/s by spring 2023
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
30.3.2022
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From...
Bitcoin Miners Set to See a New Difficulty High as 'Tectonic Shifts' Bring 'New Opportunities'
30.3.2022
Bitcoin (BTC) mining difficulty seems likely to break another record in a matter of hours, yet again cutting into the decreasing profit margins of miners.
At 14:47 UTC, it is estimated that the Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise...
Analyst Still Positive on Stronghold Digital Despite Miss, Citing Miner’s Low Costs
30.3.2022
The bitcoin miner’s stock tumbled more than 30% after it missed earnings estimates and said it won’t reach its 2022 hashrate goal
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
Greenpeace, Ripple co-founder campaigning to change Bitcoin code
29.3.2022
Chris Larsen, co-founder of Ripple also joined in on the call, saying Bitcoin is the “outlier” now that Ethereum’s model is set to change
‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
28.3.2022
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere...
Can Crypto Miners Make the World Greener?
26.3.2022
As they decarbonize, crypto companies might help push energy producers to build more renewable power sources
How Northern Italian Hydropower Producers Became Bitcoin Miners
25.3.2022
In the pursuit of economic sustainability, northern Italian hydropower producers are turning to bitcoin mining
Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining
22.3.2022
Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit....
Ethereum Classic up 75% in 8 days, but will ETH miners migrate after ETC ‘fifthening’?
22.3.2022
ETC price appears to be getting a boost from its scheduled "fifthening" next month
Trading Platform Pipe Launches Alternative Financing Solution for Bitcoin Miners
22.3.2022
The company worked with Compass Mining for several months before launching the product
Will Belarus Lure Crypto Miners Amid Sanctions, Russia-Ukraine War?
21.3.2022
Despite favorable business conditions, a country’s political environment can deter international capital
After Short-Lived Ban, NY Town Is Still Reckoning With Crypto Miners Next Door
21.3.2022
Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers a sobering case study
Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment
18.3.2022
Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining...
Stranded no more? Bitcoin miners could help solve Big Oil's gas problem
18.3.2022
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
Miners that hodl the most Bitcoin are ‘relentlessly expanding’
18.3.2022
According to a series of mining metrics, not only are miners holding hard, but they’re also dramatically increasing their hash rate
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
17.3.2022
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with...
Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict
16.3.2022
The ruble’s fall has made mining more profitable in Russia for now, but parts and shipping costs are set to rise
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...