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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
Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
14.1.2021
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said...
Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
14.1.2021
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents...
Bitfarms Closes Its Second $15M Private Placement in a Week
14.1.2021
Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week
Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
14.1.2021
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61...