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How does the infrastructure bill affect the mining industry in the US?
29.8.2021
The uncertain language — intentional or not — of the infrastructure bill poses an existential threat to the U.S. Bitcoin mining industry
Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad
29.8.2021
President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency...
Turkish prosecutors investigate alleged $119M Dogecoin mining scam
27.8.2021
Unwitting DOGE investors were promised attractive returns of 100% in just 40 days in exchange for depositing their money
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
26.8.2021
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency...
Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%
25.8.2021
Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items. Reports stemming from Malaysia show that semiconductor manufacturers are dealing with an uptick in Covid-19 cases...
Amid Taliban takeover, aspiring crypto miner flees Afghanistan
25.8.2021
The Afghan refugee believed the Taliban would restrict access to smartphones and the internet, making crypto mining impossible
Bitcoin Mining Difficulty Takes Another Large Step Up, As Miners Reposition
25.8.2021
On Wednesday, Bitcoin (BTC) mining difficulty has just jumped once again, for the third time in a row, forming a new increase streak, as previously discussed.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, jumped by 13.24%, reaching 17.6 T. This is...
KuCoin encourages greener crypto mining with proof-of-work pool
25.8.2021
According to CEO Johnny Lyu, people using renewable energy sources for mining will receive discounts on fees
Bitcoin hashrate triples since June 28 in recovery from China syndrome
25.8.2021
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown
8 Crypto Mining Apps Exposed as Fakes - And 120 More are Still in Business
25.8.2021
Source: AdobeStock / fran_kie
Eight cryptocurrency cloud mining apps that pretended to offer crypto such as bitcoin (BTC) and ethereum (ETH) to users in return for investments into cloud-mining operations were recently found to be fakes, tricking users into watching ads and paying for subscription...
Riot Blockchain reports 1,540% increase in quarterly revenue from Bitcoin mining
24.8.2021
Riot Blockchain netted $19.3 million in income for Q2 following its acquisition of Texas mining facility, Whinstone
Watch: Spanish Police Bust a Suspected 111-rig Crypto Mining ‘Farm’
24.8.2021
Source: Screenshot, Policía Nacional, Twitter
Spanish police have captured a raid on a suspected illegal underground crypto mining facility on video – breaking into a private house that was allegedly housing over 100 functioning mining rigs.
In a video shared by the National Police, officers were...
Chinese province to cut off Bitcoin miners from hydropower stations
23.8.2021
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction
Iran to lift Bitcoin mining ban in September
23.8.2021
Authorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months
Crypto mining needs to be redefined before simply casting it away
21.8.2021
To ensure a sustainable future for blockchain and crypto, we need to reimagine the mining process and restructure PoW systems
Unstable Bitcoin price to pivot investment flow to gold, mining chief says
20.8.2021
Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the latter
BlackRock ETFs hold $384 million of shares in Bitcoin mining firms
20.8.2021
SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock
JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm
19.8.2021
Delaware-based Compass Mining offers U.S. citizens exposure to Bitcoin mining via its private infrastructure
Nvidia fails to sell as many crypto-mining GPUs as expected in Q2
19.8.2021
The company expects a minimal contribution from its cryptocurrency mining processor sales going forward
Avalanche Announces a $180 M Liquidity Mining Program: Avalanche Rush
19.8.2021
Avalanche Rush plans to bring a blue-chip DeFi app to Avalanche. It is planning to launch two protocols- Curve and Aave. The Avalanche Foundation has recently announced a $180 liquidity mining incentive called Avalanche Rush. In addition, it is planning to introduce additional assets...