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Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023
23.9.2021
On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round and one of the firm’s co-founders has joined Genesis’s board...
Ohio to host BIT Mining's new 85 MW Bitcoin mining facility
22.9.2021
BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio
Bitcoin mining difficulty surges 31% since July
22.9.2021
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs
Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
22.9.2021
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade
US Treasury Sanctions Crypto Exchange, Bitcoin Mining at Home + More News
21.9.2021
ilitating transactions involving illicit proceeds for at least eight ransomware variants - marking its first such move against a virtual currency exchange over ransomware activity. Some virtual curre
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
19.9.2021
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown...
How Bitcoin Mining Might Help Nations With Domestic Energy Production
19.9.2021
r energy. However, even if the cryptocurrency consumes nearly as much electricity each year as the Netherlands, there are a number of people within the Bitcoin industry who are arguing that it could end up being a net positiv
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold
18.9.2021
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period
Bitcoin miner maker Canaan records highest quarterly profit since 2019 IPO
15.9.2021
Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021
Bitcoin's power consumption this year has already surpassed all of 2020's
15.9.2021
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study
New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office
11.9.2021
A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York. According to the investigation, 10...
Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital
10.9.2021
The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions
Russian Duma wants to regulate crypto mining as business
9.9.2021
Russia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January
Blockstream and Macquarie Group launch Bitcoin mining pilot program
8.9.2021
The BTC mining industry is getting a makeover as miners shift their focus to ESG, or environmental, social and governance, initiatives
New Crypto Unicorn, D&G & NFT, Bitcoin Mining Difficulty + More News
7.9.2021
" rel="noopener noreferrer" href="https://techcrunch.com/2021/09/06/indian-crypto-exchange-coinswitch-kuber-in-talks-to-raise-funds-at-unicorn-valuation/">reported, citing "several sources familiar with the matter." The four-year-old startup, which counts Tiger Global, Sequoia Capital India, and
Crypto mining demand soars in Vietnam amid Bitcoin rally
6.9.2021
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices
Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities
6.9.2021
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more...
How will blockchain technology help fight climate change? Experts answer
5.9.2021
Here’s what experts on emerging tech think about the role of blockchain in achieving more sustainability and lessening the climate crisis
Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward Digital Economy
3.9.2021
The very low power rates in Venezuela have created a powerful incentive to mine Bitcoin for a lucky few that have the capital (and dare) to purchase miners and infrastructure in the country. The rise of digital currencies has created a new industry that uses cheap energy and turns it into precious...
Unapproved Bitcoin Mining Plant Forced to Close Shop
1.9.2021
Noise complaints from residents of an affluent estate community in the Canadian province of Alberta lead to a months-long investigation which discovered a Bitcoin (BTC) mining operation that had been set up without approval - and now has to shut down.
Vancouver-based Link Global is the name of...