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Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half


Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half. Bitfarms, which provides computing power to cryptocurrency networks such...

Bitcoin Mining Difficulty Set For New Record High + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news Bitcoin (BTC) mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to rise more than...

Former Gulag in Russian Arctic Bids to Become Bitcoin Mining Hotspot


Norilsk. A Russian firm is set to open a hotel with a difference in the Arctic Circle – although it isn’t the kind most folks would ever dream of visiting. Instead it’s a crypto mining “hotel” fitted with ASIC bitcoin (BTC) mining rigs and powered with 11.2 MW of electrical energy. In a uniquely...

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