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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners
25.6.2019
Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...
Demand for New Bitcoin Miners Is Again Outstripping Supply
25.6.2019
Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October
North America’s Largest Solar Bitcoin Mining Farm Coming to California
25.6.2019
Plouton says it has chosen california to host a giant bitcoin mining facility
Bitmain Launches Low-Cost Special Edition Antminer S9
18.6.2019
On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original...
Bitmain Sues Former Employees Who Founded Rival Poolin Mining Pool
17.6.2019
In one of the rare incidents involving a dispute between cryptocurrency mining firms, the leading Bitmain company, which is the leading players in the industry, has now locked in a legal battle with rival Poolin firm. Interestingly, Poolin has been co-founded by three formal employees of Bitmain...
New Report By CoinShares Indicates That Over 74% Of BTC Mining Is Powered By Renewable Energy
9.6.2019
CoinShares, a crypto investment, and research firm has published its bi-annual mining report last week, and it has some good news for the crypto community at large. As per the report, 74.1% of Bitcoin mining is powered by renewable energy. This might sound great, but in reality, the number went...
Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy
7.6.2019
Bitcoin mining’s energy mix is 74.1% renewable energy, according to cryptocurrency investment products and research firm CoinShares
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
7.6.2019
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares...
Craig Wright’s Close Aide Calvin Ayre Claims To Control The Biggest Bitcoin Mining Company
2.6.2019
Bitcoin SV and those associated with are, may or may not for the right reasons, breaking the internet. Though BSV spearhead Craig Wright is busy proving each and everyone that he is Satoshi Nakamoto, he doesn’t fail to lash out his critics, most notably, Changpeng Zhao of Binance. However, when...
Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid
31.5.2019
The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead...
Chinese Authorities to Investigate Illegal Mining Farms at ‘Global Mining Capital’ Sichuan
30.5.2019
Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province
Australian Securities Regulator Releases Cryptocurrency, Mining, ICO Guidelines
30.5.2019
New initial coin offering and cryptocurrency guidelines have been released by the Australian Securities and Investment Commission
China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants
30.5.2019
Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval
Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining
29.5.2019
According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these...
Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud
21.5.2019
A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme
Diar: Bitcoin Mining Hashrate Is Becoming More Distributed Among Pools
14.5.2019
The bitcoin mining hashrate is becoming more distributed among mining pools, shows a recent report by crypto research firm Diar
Japan’s GMO Internet Sees 45% Cryptocurrency Profit Dip for Q1 2019
10.5.2019
Figures confirm Q4 2018’s Bitcoin price drop saw knock-on effects for GMO’s performance
Crypto Mining App Honeyminer Now Available on MacOS
9.5.2019
New Jersey-based crypto mining startup Honeyminer has made its services available for MacOS users
How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues
19.11.2018
AMD and Nvidia stocks fell by 48% and 36% correspondingly last month, and Bitmain has allegedly lost $600-700 million in Q2. Is the mining hardware industry falling along with crypto market?