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Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells
22.10.2021
Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise...
Russian officials consider proposal to mine Bitcoin with associated gas
20.10.2021
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high
Genshin Impact’s Orchestral Soundtrack Is Unbelievably Good
5.10.2021
Genshin Impact’s online concert last Sunday was a nonstop series of bangers, but the game really didn’t need one to convince me that it has one of the best video game scores I’ve heard in the past several years. So even if you’ve never played Genshin, I’d still like you to experience some of...
Bitcoin’s Mining Difficulty Continues to Rise: 37% More Difficult to Mine BTC Than 3 Months Ago, Difficulty Nears 20 Trillion
4.10.2021
Bitcoin’s hashrate has been climbing steadily over the last three months and rose more than 40% after the network’s hashpower was below 90 exahash per second (EH/s) on July 5. The trend has led to a consecutive run of five bitcoin mining difficulty accruals with another increase...
Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
4.10.2021
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company installed several power plants without following legal procedures and alleges that, if the penalty is enforced, it will...
Academic Says Bukele’s Bitcoin Mining Test Is ‘Bad Business’
4.10.2021
osto-energia-electrica/885523/2021/">Per El Diario de Hoy, Carlos Martínez, a professor of Electrical Engineering at the University of El Salvador (UES), claimed that in four days of mining so far, the state has managed to mine a total of BTC 0.00599179 (USD 269 at the time). The professor added
Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility
29.9.2021
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.”...
Golem releases laptop app to mine Ethereum … but turning a profit is tricky
24.9.2021
Mining Ethereum on a home PC can be done, but profits will be few and far between
Georgia on my mine: Bitmain brings 56K Bitcoin miners to the state
9.9.2021
The $62 million deal is expected to generate $10 million in monthly revenue for ISW Holdings
Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward Digital Economy
3.9.2021
The very low power rates in Venezuela have created a powerful incentive to mine Bitcoin for a lucky few that have the capital (and dare) to purchase miners and infrastructure in the country. The rise of digital currencies has created a new industry that uses cheap energy and turns it into precious...
Belarus president Lukashenko calls on state to mine cryptocurrency
1.9.2021
Belarus has lots of abandoned industrial sites that could be used to generate revenue through cryptocurrency mining, the Belarusian president said
Russian man gets three-year sentence for stealing a friend’s mining rig
30.8.2021
The 34-year old convict was reportedly not able to make use of the stolen mining equipment due to a “lack of relevant knowledge.”
Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad
29.8.2021
President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency...
Beefy Finance and ONTO to Host Program to Mine Liquidity
26.8.2021
ONTO and Beefy Finance recently collaborated on a BIFI and AMA contest. The market valuation of Beefy Finance is about $1,120, with a 24-hour transaction volume of $1,451,393. This event will come as a huge boost for the current customers because it will be extremely profitable for them. ONTO...
What It’s Like To Mine Bitcoin As a Full-Time Job
2.8.2021
Nick Sears is only 19-years-old, but in just two years he has managed to build himself a career as a full-time bitcoin (BTC) miner. He reportedly makes USD 54,000 a year, turning down college and living in a room located inside a cryptocurrency mining farm.
Sears, who was 17-years-old when he took...
Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago
1.8.2021
As expected, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The change marks the first increase out of five difficulty adjustment changes. This was after four downward difficulty drops made it 54% easier to mine bitcoin than it was prior to mid-May....
Kubernetes Clusters Used to Mine Monero by Attackers
26.7.2021
Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of Argo Workflows machines connected to the internet, deploying...
‘Poopcoin’: Korean professor uses bio-waste to mine crypto
9.7.2021
Students in a South Korean college are earning crypto mined from the energy generated from their excrement
Blockchain Goes Green: Signum – the Truly Sustainable Blockchain Steps Into the Light
1.7.2021
Zürich, Switzerland, 1 July 2021 – Anyone with a green conscience can now join the crypto movement. The next generation and world’s first truly sustainable blockchain Signum is now live. As a fully integrated smart platform featuring multiple innovations, Signum is a one-stop...
Polish Miner Uses Solar Panels to Mine Bitcoin, Heat His House
30.6.2021
Seeking to reduce the carbon footprint of his Bitcoin (BTC) mining operations, as well as cut his electricity bill, Paweł Wojciechowski has reached for photovoltaic (PV) modules to mine the cryptocurrency, using the excess heat to warm the water in his household.
Wojciechowski, who runs an...