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Nalezeno "Bitcoin Mining": 3319

Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage

3.3.2021
Chinese supplier MicroBT will be providing the new hardware over the next two years

Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash

3.3.2021
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second...

China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year

2.3.2021
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop...

China’s Inner Mongolia to shut down crypto mining farms by April 2021

1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals

China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out

26.2.2021
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain...

Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO

24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...

Bitcoin mining likely didn't contribute to Texas' power outages, says expert

23.2.2021
Kristy-Leigh Minehan said the state doesn't currently have enough mining infrastructure to cause significant problems for the power supply

Bitcoin mining operator Northern Data reportedly considering $500M IPO

23.2.2021
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO

Bitcoin Hashrate Hits 180 Exahash, Mining Difficulty Climbs Higher, Pools Jump by 35%

22.2.2021
The price of bitcoin has climbed to phenomenal heights during the last few weeks and this has fueled the crypto asset’s mining sector a great deal. Despite the fact that the Bitcoin network’s mining difficulty has never been higher at 21.72 trillion, the hashrate has climbed to...

Chinese Tea Retailer Joins the Crypto Mining Industry After Hiring Two Roles to Lead Its ‘Bitcoin Business Plan’

21.2.2021
A Chinese tea retailer is looking to make its inception into the bitcoin mining business. Publicly-listed Urban Tea announced the expansion of its operations by appointing two executives to pursue its crypto plans. Urban Tea Praises Cryptocurrencies’ Widespread Popularity Per...

Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’

20.2.2021
Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope...

Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine Bitcoin

20.2.2021
Police in Malaysia’s Jahor state have busted a seven-men gang that stole 8.6 million Malaysian ringgits ($2.15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried...

Bitcoin Mining Difficulty Set To Hit New ATH While BTC Rallies Above USD 53K

19.2.2021
At the time when bitcoin (BTC) price is breaking all-time highs, the mining difficulty is set to break its record today. Per mining pool BTC.com estimates, mining may become the most difficult it's ever been in several hours from now (15:34 UTC). Bitcoin mining difficulty, or the measure of...

Bitcoin Mining Becomes A Side Venture For Chinese Non-Crypto Firms

18.2.2021
Source: Adobe/SPICA-VEGA PHOTO ART As bitcoin’s (BTC) skyrocketing prices continue to whet the appetites of companies from different backgrounds, tea and baked goods retailer Urban Tea is the latest example of a Chinese non-crypto business expanding into crypto mining and blockchain with...

Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police

18.2.2021
Police seized 1,746 bitcoin mining machines across 21 premises in raids this week

Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com

17.2.2021
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool...