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Major Swedish Power Company Defends Bitcoin Mining as Regulators Propose Ban
8.11.2021
A joint statement from the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies, such as Bitcoin (BTC), within the EU. Meanwhile, Sweden’s state-owned power company...
Bitcoin soft fork days away as Taproot upgrade closes in
7.11.2021
The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes)
Argo Blockchain's Texas mining facility could cost up to $2B
5.11.2021
CEO Peter Wall has cited Texas’ cheap renewable energy as well as its openness to innovation in new technologies as part of the reason for the construction of the data center
Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars
4.11.2021
PrimeBlock’s CEO was involved in the $98 billion direct listing for Coinbase that Goldman Sachs was leading
Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin
3.11.2021
The mining firm said it expects its fleet of 133,000 miners to produce a hash rate of roughly 13.3 EH/s by 2023
Laotian govt budget expected to gain $194M from crypto miners by 2022
2.11.2021
Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic
Paraguay Eyed as New Bitcoin Mining Destination
2.11.2021
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for...
Crypto founders top young Australian rich list
2.11.2021
Seven of Australia's 87 richest entrepreneurs aged 40 and under are crypto founders, according to the Australian Financial Review
Argo Blockchain mines record 597 BTC during Q3 2021
2.11.2021
Argo Blockchain pocketed a record revenue of $26 million for the third quarter after mining nearly 600 BTC
Genesis Digital Assets announces new data center in Texas
2.11.2021
Genesis Digital Assets' new Bitcoin Texan mining center will have a capacity of 300 megawatts
Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas
1.11.2021
Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the...
Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation
1.11.2021
Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by...
Industrial Bitcoin mining breathes new life into tiny Texan town
1.11.2021
Major Bitcoin miners have set up shop in a former aluminium smelting plant in the small Texan town of Rockdale
7 lessons learned from building and scaling Bitcoin mining operations
30.10.2021
Building industrial-scale BTC mining farms isn’t easy, but learning from the experience of others will help you to navigate your next moves in crypto mining
Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan
30.10.2021
On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from...
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
29.10.2021
Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate
Stoush over Greenidge miner's legal threats to activists over ‘false' claims
29.10.2021
Greenidge has refuted the claims that is pursuing legal action right now or “preventing anyone from sharing their position.”
Immersive cooling tech could help Bitcoin mining go green by 2030
29.10.2021
Immersive cooling technology helps to increase hash rates and minimize energy output
New Bitcoin hash rate highs remove any trace of China mining ban
28.10.2021
China's exit from Bitcoin mining is now all but unnoticeable as network fundamentals take care of their own recovery
To the roots of mining: Bitcoin going green faster than ever
27.10.2021
Many crypto-mining firms are transitioning to renewable sources of energy to help facilitate their operations