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Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines
22.1.2021
The new machines will add 475 PH/s to Hut 8's hash power
Bitcoin's biggest mining pool may be behind the BTC price drop, but buyers stepped in
22.1.2021
This week's volatility may come down to a tug-of-war between F2Pool selling and Grayscale buying
Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s
22.1.2021
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will...
The Bitcoin Double-Spend That Never Happened
21.1.2021
No coins were added to the bitcoin supply, as some headlines might lead you to believe
Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud
20.1.2021
The company shed $130 million in value after J Capital’s report
Crypto winter: Bitcoiners use mining rigs as heaters as temperatures drop
20.1.2021
Bitcoiners have been using the excess heat produced by their mining rigs to stay warm this season
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
20.1.2021
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen...
Hive Blockchain Buys 6,400 Mining Machines From Canaan to Reach 1,200 PH/s
19.1.2021
Delivery of the new machines is set to start in May
The US Can Make Bitcoin Mining Greener
19.1.2021
With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact
Why Pakistan and the Middle East can bet on crypto mining
19.1.2021
By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow
Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
19.1.2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific...
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
18.1.2021
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate
A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
16.1.2021
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s...
Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos
15.1.2021
Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process...
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
15.1.2021
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to...
Tor-enabled Bitcoin nodes are back after bug on network
15.1.2021
Anonymous Tor-enabled Bitcoin nodes normally make up as much as 25% of totally reachable Bitcoin nodes
Galaxy enters Bitcoin mining, launches financial services unit for miners
15.1.2021
Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners
Galaxy Digital Launches Proprietary Mining, Miner Financial Services
14.1.2021
Galaxy has launched its proprietary mining and miner financial services operations
Coinbase Invests in New US Crypto Mining Pool Titan
14.1.2021
Terms of the investment were not disclosed
Coinbase invests in US-based mining firm amid industry diversification efforts
14.1.2021
Titan secured funding from Coinbase to offer a U.S.-developed software suite for miners