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Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm
29.7.2021
Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is investing profits into a renewable energy investment program. The company...
Taxpayers to avoid obligations by sending mining proceeds to IRAs
29.7.2021
The IRS has considered crypto mining revenue as part of taxable income since 2014
Tax-Free Bitcoin Mining, Robinhood Debuts on Nasdaq + More News
29.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Mining news
Crypto platform Choice and Compass Mining, a marketplace for Bitcoin (BTC) miners, said that their US-based clients can now mine...
Greenidge Generation will use BTC mining profits to build solar farm
29.7.2021
According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm
Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan
29.7.2021
Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The new devices are expected to increase the Chinese company’s total hashrate capacity by an estimated 165 petahashes per second. Bit Mining Buys...
Bitcoin hash rate rebounds as major miners are coming back online
29.7.2021
Restrictions in China have forced homegrown Bitcoin miners to move out to crypto-friendly nations such as Canada, Kazakhstan and the United States
Helium Hotspot Miner – Mining With Helium Bar
29.7.2021
PRESS RELEASE. Helium Network developed a decentralized peer to peer wireless network, which can connect different compatible devices through a series of hotspots. By being a part of this network, people can earn cryptocurrencies (HNT). The Helium hotspot miner network is growing steadily. Hence...
Genesis Digital Assets raises $125M as mining sector pivots to the west
29.7.2021
Genesis plans to more than triple its hashing capacity from 2.6 EH/s to 8.1 EH/s
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
29.7.2021
Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets
BIT Mining steps up Bitcoin mining operations in Kazakhstan
28.7.2021
The mining firm's expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022
Law professor calls for crypto mining regulation during US Senate hearing
28.7.2021
The St. Mary’s University School of Law professor called for more scrutiny on the activities of miners, especially regarding their role in transaction ordering on the blockchain
Iran Raises Alarm Over Potential Influx of Miners From China
28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...
US Bitcoin miner Stronghold files for $100M IPO to fund massive expansion
28.7.2021
Sustainably focused and vertically integrated Bitcoin mining company Stronghold Digital Mining has filed for a $100 million initial public offering with the United States Securities and Exchange Commission
Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks
27.7.2021
Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made it so the next mining difficulty change will increase for the first time in eight weeks. The four consecutive difficulty drops turned out to be...
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
27.7.2021
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...
Is it Real to Earn Free BTC With Cloud Mining Apps?
27.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Over the course of the last 10 years, we have all gotten very used to Bitcoin mining that involves specialized ASIC miners, and huge warehouses full of rigs, typically located in China. Nevertheless, with...
Crypto cowboys: Texas counties welcome Bitcoin miners with open arms
26.7.2021
Bitcoin mining facilities are setting up shop in Texas, but not only for obvious reasons like wind and land opportunities. Here's why the state is becoming popular
Kubernetes Clusters Used to Mine Monero by Attackers
26.7.2021
Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of Argo Workflows machines connected to the internet, deploying...
BTC Mining Migration, Challenges & Forecasts for the Post-crackdown Industry
25.7.2021
Bitcoin (BTC) mining is on the move. Once the preserve of China and its vast stores of energy, it’s now increasingly setting up elsewhere in the world, with its migration accelerated by the recent governmental crackdown in the Asian nation.
As reported, the Cambridge Centre for Alternative Finance...
Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan
24.7.2021
Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs. Bitmain to Work With Mining Facility Operator Enegix...