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Bitcoin Mining Legalized in Venezuela, Miners Must Join ‘National Pool’
23.9.2020
The government of Venezuela said that it has legalized bitcoin (BTC) and altcoin mining – but added that miners will have to obtain licenses and agree to be supervised by regulators.
According to media outlet Criptonoticias, the government has issued an official decree stating that all crypto...
Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies
22.9.2020
Bitcoin mining can help big energy companies produce more efficiently, increasing American energy independence in the process
Iran Grants Bitcoin Miners Exclusive Access To Electricity From Three Power Plants
22.9.2020
Iran has granted bitcoin miners exclusive access to electricity generated from three power plants for their mining activities, according to state power utility Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news agency on Monday that...
Is a Bitcoin ‘death spiral’ imminent following yesterday’s massive difficulty adjustment?
21.9.2020
Bitcoin experienced two massive mining difficulty adjustments recently. Is this something to be concerned about?
Binance's 'Innovation Zone,' Iranian Power Plants Eye Bitcoin Mining + More News
21.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance CEO, Changpeng Zhao, announced the creation of the so-called Innovation Zone, which the post said will allow users to trade...
Publicly Listed Energy Firm Equinor Exploits Gas Flaring in North Dakota to Mine Bitcoin
21.9.2020
Just recently, the firm Arcane Research recently revealed a number of screenshots from the publicly traded energy firm, Equinor. The pictures show the multinational company leveraging natural gas flaring to power bitcoin mining operations. In recent years, using the unorthodox gas flaring scheme...
Bitcoin Mining Difficulty Zooms to All-Time High, But BTC Price Moves Faster
20.9.2020
After the Bitcoin (BTC) mining difficulty jumped sharply today, mining has become 20% more difficult than right before the third BTC halving in May. However, in the same period of time, the price of the most popular cryptocurrency rallied by 27%, saving miners' profit margins.
On Sunday morning...
GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...
This crypto mining operator was named Bitmain’s sole North American cooperative repair center
17.9.2020
North America now has its own Bitmain repair center
Iran’s crypto mines could be used to help fund car imports
14.9.2020
It seems that the private sector is not satisfied with the country’s local fiat money
Bitcoin hashrate remains strong during monsoon season
11.9.2020
Mining operations in China were not adversely affected by the heavy rains
Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
9.9.2020
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin
'Struggling' Bitcoin sets a new all-time hashrate record, breaking the 150 TH/s plateau for the first time
8.9.2020
"In Bitcoin we trust", say miners unfazed by the market
Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
8.9.2020
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares
Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again
7.9.2020
Source: Adobe/Татьяна Палладина
Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history.
Bitcoin mining difficulty, or the measure of how hard it is...
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
‘We’re getting paid to produce Bitcoins’ reveals Texas BTC miner
2.9.2020
Layer1's plan to sell excess power back to Texans has resulted in 700% profits
Bitcoin Miners Saw 23% Revenue Increase in August
1.9.2020
Miners generated an estimated $368 million in August
Protection Over Profit: What Early Mining Patterns Suggest About Bitcoin’s Inventor
31.8.2020
Researchers believe Bitcoin’s creator probably used specialized mining software in the coin’s early days to protect the new network – not to profit from it
Canaan’s Q2 Loss Narrows to $2.4M From Q1 on 160% Revenue Increase
31.8.2020
Canaan shares are down 23% in August