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Ravencoin up by 85% In a Week: Is RVN Attracting ETH Miners?
14.9.2022
Ravencoin has increased value significantly in the last seven days. Many experts believe Ravencoin runs on a Proof of Work consensus, so it is attracting Ethereum miners who have no option left in Ethereum mining (except ETC). It is a folk version of Bitcoin that runs on similar technology with...
Bitcoin Mining Difficulty Up 3.45% in 4th Upward Revision in a Row as Miners Struggle
14.9.2022
The difficulty of mining Bitcoin (BTC) rose by 3.45% on Tuesday, marking the fourth consecutive increase in difficulty for the network.
Per data from BTC.com, the latest upwards adjustment brought the difficulty level of mining Bitcoin to 32.05 T – the highest level ever for the Bitcoin network....
BlockFills Wants to Sell ESG Credits to Crypto Miners
13.9.2022
The industry is facing criticism over its environmental impact, even at the highest levels of the U.S. administration
Argentina’s Tax Authority Conducts First-Ever Raids on Secret Crypto Miners
12.9.2022
According to the agency, three illegal crypto farms with irregularities were uncovered last week in the South American country
Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....
4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH
9.9.2022
20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When...
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million
7.9.2022
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early...
Marathon Digital Energized 25,000 Miners in August, Produced 184 Bitcoins
6.9.2022
The company had previously faced issues of mining rigs installed, but with no energy service
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge
6.9.2022
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.”...
Large Ethereum Miners Look to Cloud Computing, AI Ahead of The Merge
6.9.2022
The Merge will do away with the need for bulky, expensive data centers, so the owners of those data centers are looking to repurpose them
Ethereum Classic Hashrate, Prices Surge as Miners Prepare for Post-Merge Reality
6.9.2022
Futures tracking the tokens logged some $27 million in liquidations in 24 hours – second only to Ethereum and ahead of bitcoin futures, which usually see the highest liquidations
Ethereum Classic Pumps 26% as Miners Make Switch ahead of ETH Merge
6.9.2022
Ethereum Classic has pumped 26% in the last 24hrs as miners continue to make the switch from Ethereum ahead of The Merge.
With Ethereum (ETH) switching from a Proof-of-Work to a Proof-of-Stake (PoS) consensus - scheduled for September 19 - there has been a marked increase in the network hashrate...
Ethereum Merge to 'swamp' other coins with miners — Mining CEO
6.9.2022
The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race to the bottom for profits
Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge
5.9.2022
Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS)...
Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000
5.9.2022
Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens and foreigners. Investigators...
Iran Starts Licensing Crypto Miners Under New Regulatory Framework
5.9.2022
The government of Iran has reportedly started issuing licenses to crypto miners under the new “comprehensive and detailed” regulatory framework approved last week. The authorities previously issued licenses to a number of crypto mining operations but halted the process due to power...
Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged
1.9.2022
On August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen...
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High
31.8.2022
On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps...
Bitcoin Miners' Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year
31.8.2022
Bitcoin miners are stepping up production as the weather cools down, so the network automatically adjusted to increase the difficulty of mining a block
Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say
31.8.2022
Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors are considering projects for another 200 MW despite constraints stemming from Western sanctions, a report reveals. Annual Income From Crypto Mining With Associated...