Search
Chinese BTC miners equivalent to Quebec's output on the move: Slush Pool
28.5.2021
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move
Shanghai Man: Miners banned, exchanges targeted? Here's what's really happening
28.5.2021
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of their own, limiting retail investors in the administrative region
Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1
27.5.2021
Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker...
Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify
27.5.2021
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. Iran has banned cryptocurrency mining effective immediately...
Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown
27.5.2021
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services...
Riot Blockchain, the Leading BTC Mining Co. in North America
27.5.2021
Riot Blockchain announced the completion of Whinstone US’s acquisition, making them the leading Bitcoin mining company in North America. The total amount paid for the transaction is 80 million dollars in cash and 11.8 million worth of shares. Riot had XMS Capital Partners as their financial advisor...
Little Green Mining Hood or the Big Bad Wolf: Musk’s Sustainability Play
27.5.2021
Recent announcements and actions by Elon Musk surrounding bitcoin mining sustainability raise questions about the reasoning and motivations of Tesla’s Technoking. Is it possible that Musk is playing a calculated marketing game to introduce a Tesla mining solution? The World of Bitcoin Mining...
Elon Musk not right person to lead green Bitcoin debate, Nic Carter says
27.5.2021
Policymakers should encourage greener grids for local Bitcoin mining, Carter suggested
Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
26.5.2021
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules...
China to socially blacklist Bitcoin miners in Inner Mongolia region
26.5.2021
China's crackdown on crypto mining could see offenders blacklisted from basic social and financial services if caught
Bitcoin mining banned in Iran until September
26.5.2021
Iran's government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months
No Legal Bitcoin Mining in Iran Until Late September
26.5.2021
Iran has banned crypto mining over the summer as the electricity demand sees a major increase in this period - effective immediately.
Per the Iran Front Page, Iranian president Hassan Rouhani forbidden to mine digital currencies until late September, because it puts a massive burden on the national...
Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
26.5.2021
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed...
Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative
26.5.2021
Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin mining transparency
You can now buy gold-backed NFTs with the mining carbon footprint offset
26.5.2021
Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets
Shark Tank’s Kevin O’Leary Expects Flood of Institutional Money Into Bitcoin When ESG Standards Are Met
26.5.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin once miners have addressed the renewable energy and environmental, social, and governance (ESG) issues. He said the flood will begin when bitcoin meets the ESG standards...
Evolution of Mining Equipment: From Desktops to Mining Farms
26.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Long gone are the days when Bitcoin mining was a lucrative hobby for cryptocurrency brainiacs. The days when a simple personal computer was sufficient enough to mine.
Over the years, Bitcoin mining...
What Is the Bitcoin Mining Council – And What Should It Become?
25.5.2021
Elon Musk and Michael Saylor's plan for a greener bitcoin is light on details so far. Here are some possible approaches, says our columnist
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...
‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan
25.5.2021
Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital...