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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...
Bitcoin & Crypto Miners Set to Face Fresh EU Scrutiny After Rejected Proof-of-Work Ban
15.3.2022
The European Union still has its sights set on bitcoin (BTC) and ethereum (ETH) miners – despite rejecting a proposed rule that would have effectively banned proof-of-work (PoW) mining across the union....
Read More: Bitcoin & Crypto Miners Set to Face Fresh EU Scrutiny After Rejected...
Bitmain Reveals New Liquid-Cooled ASIC Mining Rig With 255 TH/s of Computing Power
14.3.2022
Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, called the Antminer S19 XP Hyd., is also a liquid-cooled ASIC mining device that claims...
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence
13.3.2022
The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in a case where another court...
Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina
12.3.2022
The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than...
Bitcoin Miners’ February Production Fell on Shorter Month, Winter Storm
11.3.2022
Mining power increased for most miners from the previous month as miners continue their growth plans
Crypto Miners to Benefit From Biden’s Executive Order: Jefferies
9.3.2022
The investment bank reiterated buy ratings for Argo Blockchain and Marathon Digital following this morning’s action by the White House
Helium Miners From Lisbon to Miami Say It's Location, Location, Location
9.3.2022
Chinese police busts illegal crypto mining farm, seizes 190 miners
8.3.2022
Guangdong province’s Development and Reform Commission confiscated 190 crypto mining machines estimated to be worth 5 million yuan
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months
4.3.2022
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto...
'The People's Network' Is Growing Fast, but Would-Be Miners Are Getting Left Behind
2.3.2022
The Helium Network – a decentralized telecommunications network powered by crypto – is growing fast, but not everyone has been able to participate in the financial upside
Intel's BMZ2 Bitcoin Miners to Improve Gross Profits by 130% Compared to Rival Antminer S19 Pro - GRIID
1.3.2022
A US Securities and Exchanges Commission (SEC) filing by GRIID - an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities and one of Intel's first recipients of its upcoming "Bonanza Mine" chips - has claimed that the upcoming Bitcoin miners offer...
Intel's Second-Gen Miner's Efficiency Second Only to That of Bitmain's S19 XP: Griid
28.2.2022
The new miners boast power efficiency of 26 J/TH, better than most Bitmain and MicroBT models, according to miner and client Griid Infrastructure
Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days
27.2.2022
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78%...
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
25.2.2022
With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced...
Russian miners keep running, may see pivot to Bitcoin in response to sanctions
25.2.2022
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being