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123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
9.7.2021
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. The Mechanicville facility is considered one of the oldest renewable energy plants...
US crypto community overtaking Asia, says Mike Novogratz
9.7.2021
“China has declared war on crypto as part of this broader cold war that we’re getting into,” Mike Novogratz stated
93K Users Scammed Into Buying Fake Cryptocurrency Mining Apps
9.7.2021
Thousands of users were scammed into buying fake Android cryptocurrency mining apps, according to a California-based security firm. These apps are advertised as a way of earning money via mining cryptocurrencies, but in actuality they don’t perform any function. Instead, they charge the user...
US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
9.7.2021
Gryphon has doled out $48 million to buy Bitmain’s latest Bitcoin mining hardware set for release in the summer
Nifty News: Walking Dead invade Sandbox, mining lease NFTs, CryptoPunk in art gallery
9.7.2021
CryptoPunk 5293 is set to be displayed in a Miami-based art museum, Australian mining firms are tokenizing mining and exploration leases, and Sandbox secures IP rights to the Walking Dead
Hydro plant from 1897 earns 3X as much mining BTC as selling power to the grid
9.7.2021
An historic renewable energy facility in New York has tripled its profits by mining Bitcoin
Bitcoin electricity consumption falls to November 2020 levels: Data
8.7.2021
Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data
Bitcoin Mining Profitability Jumps, Hashrate Starts Picking Up Too
8.7.2021
In the midst of China's crackdown on its miners, and following a historic drop in mining difficulty, Bitcoin (BTC) miners are now seeing much higher profitability. Also, there's a noticeable rise in hashrate and a drop in block time.
Bitcoin mining profitability (7-day moving average) jumped...
Is This the Future of Liquidity Mining?
8.7.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Liquidity mining, also known as yield farming, has become one of the most popular uses for cryptocurrencies in 2021, with billions of dollars worth...
DeFi Mining Is Now Live on Bybit
7.7.2021
The growing competition in decentralized finance (DeFi) is leading to many innovations in the domain. The latest addition to the list of novel features has come from Curve Finance which has extended the convenience of earning higher yields on volatile assets. The feature known as DeFi mining is...
Iran pauses electricity exports due to crypto mining and hot summer
7.7.2021
Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity
Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop
7.7.2021
It's a tale of two Bitcoins as active miners reap the benefits while others remain completely offline
Licensed Iranian crypto miners ordered to halt production 'altogether'
6.7.2021
Even Iran's Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid
From mining to software: China's regulatory crackdown on crypto continues
6.7.2021
Financial institutions, crypto miners, and now software companies — where will regulators in China move to strike next?
China proves Bitcoin is an unstoppable machine: Bitcoin Center founder
6.7.2021
Bitcoin price goes up once regulatory setbacks are digested by the crypto community, Zap Procotol co-founder Nick Spanos says
Crypto mining firm Argo Blockchain eyes secondary Nasdaq listing
6.7.2021
After becoming the first blockchain firm to list on the London Stock Exchange, Argo Blockchain is now looking at a potential secondary listing on the Nasdaq
New York locals accuse gas-fired mining operation of heating Seneca Lake
6.7.2021
Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life
As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges
5.7.2021
While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin...
China crypto ban a ‘huge opportunity for Canada,’ mining group head says
5.7.2021
The diversified location of Bitcoin mining facilities following China's crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says
An even bigger mining difficulty drop? 5 things to watch in Bitcoin this week
5.7.2021
Bitcoin may be fresh from its biggest difficulty plunge ever, but estimates warn tat the next may eclipse even that as miners continue to struggle