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Nalezeno "Mining": 6150

Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’

30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...

Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining

30.6.2021
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads...

China crackdown shows industrial Bitcoin mining a problem for decentralization

30.6.2021
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation

Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility

29.6.2021
The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges

Chinese hydropower plants on sale as crypto miners move abroad

29.6.2021
Advertisements for small-scale hydro plants have reportedly surged on Chinese secondhand e-commerce platforms

Active Bitcoin miners now 'unlikely' sellers thanks to profit boost — data

29.6.2021
The upcoming record difficulty drop means mining Bitcoin is about to get a lot more profitable while hash rate slowly returns to the network, Glassnode predicts

Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

29.6.2021
While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable...

Crypto Mining Rigs ‘Selling Like Scrap Metal’ as Mainland China Mood Darkens

29.6.2021
The price of crypto mining hardware is plummeting in China, with reports of mining rigs selling “like scrap metal” on the Mainland as Crypto Crackdown 2.0 is forcing local mining companies to close down. Per Odaily, as well as Epoch Times and a report from the broadcaster NDTV, mining hardware...

Key Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’

28.6.2021
The Puell Multiple just flashed a buy signal for the fifth time in BTC’s history, but its creator cautions that a plunging hashrate and China’s miner purge are important factors to consider

Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%

28.6.2021
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners...

Crypto miner Hut 8 plans to hold 5K Bitcoin by 2022

28.6.2021
Hut 8 CEO Jaime Leverton said the firm was on track to mine up to 3 additional BTC per day by the end of August

Huobi Suspends Crypto Derivatives In China, Bitcoin Mining In Iran + More News

28.6.2021
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 Crypto exchange Huobi has suspended crypto derivatives trading for customers in China, according to the updated user agreement....

Iranian trade ministry issues 30 crypto mining licenses

28.6.2021
Tehran Province, which houses Iran’s capital, was awarded only one license for operating a crypto mining center

Biggest ever mining difficulty drop: 5 things to watch in Bitcoin this week

28.6.2021
Bitcoin network fundamentals reflect the mass mining migration underway this month, but BTC price action still makes gains

John McAfee’s Hideout Was a Secret Bitcoin Mining Farm

28.6.2021
John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel owned by a Russian. ‘Ghost Hotel’ With...

Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week

27.6.2021
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it could see the difficulty drop over 20%. Bitcoin...

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

27.6.2021
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms...