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Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million
21.11.2020
Nvidia released its earnings for the third fiscal quarter of 2021 this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The firm reported graphics segment revenue of $2.79 billion for the quarter, beating analyst estimates of $2.1 billion....
China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
16.11.2020
Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
13.11.2020
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation...
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
12.11.2020
Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
29.10.2020
The New York Department of Financial Services’s letter said that it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks
Report: 76% crypto miners use renewables as part of their energy mix
1.10.2020
The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report
Three Iranian Power Plants Plan to Sell Electricity to Crypto Miners
21.9.2020
Three Iranian power plants with enough output to supply half of New York City will begin selling some surplus power to crypto miners
Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
3.9.2020
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms
Malaysian Authorities Arrest Crypto Miners for $600K Power Theft
1.9.2020
The two crypto mining operations stole almost $20,000 in electricity monthly
No more cheap electricity for Inner Mongolian crypto miners, officials say
26.8.2020
The halcyon days of state subsidized electricity are over
Malaysian Crypto Miners Were Caught Stealing Electricity From the State
12.8.2020
They thought they had it made, but the Malaysian authorities were one step ahead
Bitcoin Halving and Ethereum 2.0 Bring Big Changes for Crypto Miners
9.8.2020
How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
Iran Gives Crypto Miners One Month to Register With the State
6.7.2020
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration
Lawsuit Claims Nvidia Misrepresented $1B in Sales to Crypto Miners
16.5.2020
Nvidia investors accuse the firm of intentionally misrepresented over $1 billion in sales to crypto miners
First Mover: Bitcoin’s Hot Again, and Crypto Miners Are Hoarding – Or Are They?
15.5.2020
Bitcoin is rallying again, and some analysts are taking a closer look at data extracted from the underlying blockchain for signals on whether cryptocurrency miners are buying or selling. Or if they're HODLing
Major Chinese Crypto Miners Expect Influx of New Bitcoin Buyers
5.5.2020
Several prominent Chinese cryptocurrency miners expect a wave of new Bitcoin buyers following the halving
Hackers Plant Crypto Miners By Exploiting Flaw in Popular Server Framework Salt
4.5.2020
Hackers have exploited a critical flaw in infrastructure management tool Salt and, in one case planted crypto mining software
CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
9.4.2020
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis
Microsoft Updates Edge Browser to Protect Against Illicit Crypto Miners
28.2.2020
Later versions of Edge can now be set to block downloads of malicious mining apps