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Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment
29.11.2021
Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future, as leading companies are already taking...
Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report
26.11.2021
The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.”
Acid, Bitcoin mining and a bad trip to North Korea
26.11.2021
Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals
25.11.2021
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest...
Bitcoin mining power crunch: Kazakhstan looks toward nuclear solution
25.11.2021
The country saw a great influx of miners this year, but it might have to sacrifice the immense tax revenue from Bitcoin miners if power grid issues are not resolved
Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com
23.11.2021
On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining...
Texan Bitcoin mining power demands could jump 5 times by 2023
23.11.2021
While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the load
This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
22.11.2021
The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger
While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High
20.11.2021
During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward...
Bitcoin bulls in City Hall: Meet America’s crypto mayors
20.11.2021
A wave of political goodwill and support for Bitcoin is building up. Is this just hype, or will there be long-lasting support for crypto?
Foundry USA becomes second-largest Bitcoin mining pool amid China ban
20.11.2021
New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool
'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev
19.11.2021
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge
Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
19.11.2021
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...
Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger
18.11.2021
The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture
Nvidia’s Q3 report reveals sharp decline in crypto mining chip sales
18.11.2021
Nvidia's crypto mining product line sales are expected to decline to “very negligible” in the fourth quarter
China warns state-owned enterprises to cease involvement in Bitcoin mining
16.11.2021
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies
Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable
15.11.2021
While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years...
Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility
15.11.2021
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8
Top Chinese Official Booted out For ‘Supporting Crypto Mining Activities’
15.11.2021
A top Chinese regional official has been expelled from the Chinese Communist Party – and may face heavy punishment for allegedly “supporting” crypto mining in exchange for bribes and sex.
Per NBD and the China Daily, charges against the official, Xiao Yi, were leveled by the supervisory committee...
Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt
15.11.2021
Marathon’s stock hit a six-year high in early November, with the firm accumulating $460 million worth of Bitcoin