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Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
China’s Mining Dominance Unlikely to Last: Lopp
9.8.2020
With more chips produced outside of Asia and more countries offering cheaper power, China’s mining dominance may not last said Jameson Lopp
Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’
5.8.2020
This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. The landlocked...
BTC.top Launches ‘Joint Mining’ Platform, Pitching It as a Cloud Mining Killer
25.7.2020
The Chinese mining pool is offering an alternative to cloud mining, charging fees only after their equipment starts to pay for itself
China Controls 50% of Bitcoin Mining While US Hits 14% — New Survey
17.7.2020
Shifting estimates of China’s Bitcoin mining presence come with the proviso that much capacity remains “unaccounted for.”
Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
10.7.2020
The post-Soviet country’s cheap electricity has been attracting Bitcoin miners, but will it manage to elbow out Russia and the United States?
Ebang Hits Nasdaq IPO Running With Ambitious Expansion Plan
26.6.2020
Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart
Why Miner Maker Ebang’s US IPO Raises More Questions Than Answers
8.6.2020
Bitcoin mining hardware manufacturer Ebang wants to raise $100 million through a U.S. IPO. But that could be a risky investment, CoinDesk Research's Matt Yamamoto reports
Layer1 Stabilizes Texas Grids With 'Bitcoin Batteries'
22.5.2020
Layer1 will release electricity in response to spikes in consumer demand that may threaten local power grids, such as during heatwaves
New Cryptic Chinese Operation Instantly Becomes Sixth-Largest BTC Mining Pool
12.5.2020
A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown
Bitcoin Pre-Halving Hash Rate Volatility to Shake Up the Mining Sector
8.5.2020
As the halving approaches, Bitcoin’s hash rate sees major volatility. So what does it mean, exactly?
Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation
8.5.2020
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl
Crypto Mining Companies Promote Freedom of Speech in China
5.4.2020
Major Chinese crypto mining companies launch a transparent information sharing platform to promote free speech
How Bitcoin’s Price Slump Is Changing the Geography of Mining
30.3.2020
Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies
Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
28.12.2019
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...
What Powers China’s Crypto Mining Industry, and Is It Sustainable?
16.11.2019
China is at the forefront of the burgeoning crypto mining industry, but as environmental concerns loom, its sustainability has come into question
Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China
1.11.2019
After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China
Sichuan Should Work to Remain Attractive to Crypto Mining: Policy Advisor
28.10.2019
A former regulator in China has argued that Sichuan – a bitcoin mining hub – should study how to remain attractive to crypto-related business
Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China
21.8.2019
A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations
Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online
5.8.2019
The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...