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Nalezeno "Bitcoin Miners": 800

Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021

4.6.2021
Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much...

Sichuan Energy Meeting Offers Glimmer of Hope for Bitcoin Miners

3.6.2021
Th Xiluodu Dam and Hydroelectric Power Plant. Source: Adobe/contributor_aerial There appears to be a ray of positivity for Chinese Bitcoin (BTC) miners, after a meeting of energy stakeholders in the province of Sichuan appeared relatively sympathetic to the miners’ cause. Per a report from...

Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’

2.6.2021
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. Canaan Expects $250M...

Nasdaq listed Bitcoin miners urge China to open doors to green mining

2.6.2021
The CEO of Canaan Inc called for a less indiscriminate mining ban in China

Report: Amid pullback, Argentinian Bitcoin miners thriving

31.5.2021
Institutional miners and hobbyists alike are taking advantage of energy subsidies to cash in

Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown

27.5.2021
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services...

Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’

26.5.2021
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules...

China to socially blacklist Bitcoin miners in Inner Mongolia region

26.5.2021
China's crackdown on crypto mining could see offenders blacklisted from basic social and financial services if caught

Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners

25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...

Musk Connects With Na Bitcoin Miners for Sustainability

25.5.2021
After a disastrous week in the Bitcoin industry and hate messages for Elon Musk, the Tesla founder on his new tweet mentioned that he had a word with North American Bitcoin Miners. They committed to publishing planned renewable usage. This latest tweet from the Bitcoin backing giant helped to push...

Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...

Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

24.5.2021
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations...

Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services

24.5.2021
On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended...

BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021

23.5.2021
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines....

Green Investments Help Bitcoin Miners Amid Possible Regulatory Crackdown

20.5.2021
Regulators have been moving into multiple areas of the crypto industry, and they will – in one way or another – come after crypto mining powered by non-renewables, according to two miners that talked with Cryptonews.com. However, as the concerns, facts, and misinformation over Bitcoin (BTC)’s...

South Korea to Impose a 20% Tax on Crypto Mining Activities

8.5.2021
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...