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US crypto community overtaking Asia, says Mike Novogratz
9.7.2021
“China has declared war on crypto as part of this broader cold war that we’re getting into,” Mike Novogratz stated
US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
9.7.2021
Gryphon has doled out $48 million to buy Bitmain’s latest Bitcoin mining hardware set for release in the summer
Hydro plant from 1897 earns 3X as much mining BTC as selling power to the grid
9.7.2021
An historic renewable energy facility in New York has tripled its profits by mining Bitcoin
Bitcoin electricity consumption falls to November 2020 levels: Data
8.7.2021
Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data
Bitcoin Mining Profitability Jumps, Hashrate Starts Picking Up Too
8.7.2021
In the midst of China's crackdown on its miners, and following a historic drop in mining difficulty, Bitcoin (BTC) miners are now seeing much higher profitability. Also, there's a noticeable rise in hashrate and a drop in block time.
Bitcoin mining profitability (7-day moving average) jumped...
Iran pauses electricity exports due to crypto mining and hot summer
7.7.2021
Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity
Licensed Iranian crypto miners ordered to halt production 'altogether'
6.7.2021
Even Iran's Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid
From mining to software: China's regulatory crackdown on crypto continues
6.7.2021
Financial institutions, crypto miners, and now software companies — where will regulators in China move to strike next?
Crypto mining firm Argo Blockchain eyes secondary Nasdaq listing
6.7.2021
After becoming the first blockchain firm to list on the London Stock Exchange, Argo Blockchain is now looking at a potential secondary listing on the Nasdaq
New York locals accuse gas-fired mining operation of heating Seneca Lake
6.7.2021
Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life
China crypto ban a ‘huge opportunity for Canada,’ mining group head says
5.7.2021
The diversified location of Bitcoin mining facilities following China's crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says
Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2
4.7.2021
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most...
Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating
4.7.2021
Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the short term. This would be the effect of the bitcoin mining crackdown in China. Since the crackdown happened, a significant portion of hashrate stemming from the Bitcoin network disappeared. Ousted miners...
‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming
4.7.2021
U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners to her home state on social media. Crypto Mining Adapted to Non-Carbon Emitting...
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
4.7.2021
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin...
Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?
3.7.2021
The ratio of Bitcoin price to hash rate presents bulls with a long wait, as hash rate is still migrating
Cambridge and IEA data shows bitcoin carbon intensity peaked last year
2.7.2021
Worst case projections seem to suggest that bitcoin emissions will be down by more than two-thirds in five years
Greenidge plans to expand mining operations to South Carolina
2.7.2021
According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources
Proposed bill in Iran could ban all foreign-mined cryptocurrencies
2.7.2021
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments
Highest Bitcoin Mining Difficulty Drop Incoming While Miners Polish Their Image
2.7.2021
If current estimates come true, bitcoin (BTC) mining difficulty is about to see its largest drop in the history of the network, falling to the level not seen in more than a year and improving profit margins of BTC miners at the time when Chinese miners are leaving the industry (or the country)...