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Nalezeno "AI in mining": 6151

Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia


Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle...

Bitcoin Mining Rigs Are Pouring into Abkhazia…Where Mining Is Illegal


Illicit crypto mining appears to be booming in the South Caucasus region, with Abkhazia where crypto rigs are reportedly flooding over the border – despite the fact that mining is officially illegal under Abkhazian law. The largely unrecognized Republic of Abkhazia in the South Caucasus...

2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners


Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining...

Devastating Floods in China Raise Questions About Bitcoin Mining Too


Source: a video screenshot, Youtube/ARIRANG NEWS With cities under water, billions in damages already reported, and the amount of flooding that China hasn't seen in years putting an increasing pressure on the world's largest hydropower station, there is reasonable concern that mining facilities...

New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bitcoin


On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150 BTC or $10.5 billion...

Venezuela Tells Citizens in Gov’t Houses to Stop Mining Crypto


The Venezuelan government is set to ban crypto mining in government-provided housing, per an official announcement. The announcement was made in a video tweeted by state-owned television station VTV Canal 8. In the video, Ildemaro Villarroel, the Minister of Housing, stated that the central...

Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low


Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...

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