Search

Nalezeno "Mining": 6152

Bitcoin mining revenue jumps up 50% to $23M in one month

30.1.2023
As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of US dollars

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange

30.1.2023
Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges....

Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion

29.1.2023
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher...

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting

29.1.2023
Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023,...

Core Scientific files motion to sell over $6M in Bitmain coupons

28.1.2023
Some conditions applied to the coupons make them useless for Core Scientific's business, a court filing shows

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

28.1.2023
The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031...

Ban on Crypto Mining in Residential Areas Proposed in Russia

28.1.2023
Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on the grid causing breakdowns and blackouts. Energy...

Bitcoin Mining Network Hits New Record Hash Rate Above 300 EH/s

27.1.2023
According to Bitcoin mining data tracking website MiningPoolStats, Bitcoin’s hash rate hit a new record high earlier this week. According to the website, the network reached the milestone of computing three hundred quintillion (300,000,000,000,000,000,000) hashes per second (300 EH/s).... Read...

Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase

27.1.2023
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion. Block Time Breakdown:...

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

27.1.2023
Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...

Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

27.1.2023
The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada

Russian Finance Ministry Makes Fresh Bid to Tax Crypto Miners

26.1.2023
The Russian finance ministry has launched a fresh attempt to tax crypto miners – in a bid to surmount obstacles thrown up by the nation’s Central Bank and law enforcement agencies.... Read More: Russian Finance Ministry Makes Fresh Bid to Tax Crypto Miners

Bitcoin hash rate taps new milestone with miner hodling at 1-year low

26.1.2023
Bitcoin miners' BTC reserves are at their lowest since December 2021, data shows, despite a dramatic hash rate renaissance

Bitcoin mining brings more than money to this East African country

25.1.2023
A Bitcoin mining project in a remote corner of Malawi, a landlocked country in southeastern Africa, connects more families to the grid while delivering economic empowerment to an impoverished region

Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations

25.1.2023
Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities. Blockstream has received the funding in convertible note and secured loan financing, the company announced in a Tuesday press release, adding that it plans to...