Search
Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023
23.9.2021
On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round and one of the firm’s co-founders has joined Genesis’s board...
One River Digital raises $41M from Goldman Sachs and Coinbase
22.9.2021
One River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts
Ohio to host BIT Mining's new 85 MW Bitcoin mining facility
22.9.2021
BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio
Bitcoin mining difficulty surges 31% since July
22.9.2021
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs
Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations
22.9.2021
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption...
Bitcoin miner Genesis Digital Assets raises $431M
22.9.2021
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021
Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
22.9.2021
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade
US Treasury Sanctions Crypto Exchange, Bitcoin Mining at Home + More News
21.9.2021
ilitating transactions involving illicit proceeds for at least eight ransomware variants - marking its first such move against a virtual currency exchange over ransomware activity. Some virtual curre
Miners have accumulated $600M worth of Bitcoin since Feb
21.9.2021
Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
19.9.2021
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown...
How Bitcoin Mining Might Help Nations With Domestic Energy Production
19.9.2021
r energy. However, even if the cryptocurrency consumes nearly as much electricity each year as the Netherlands, there are a number of people within the Bitcoin industry who are arguing that it could end up being a net positiv
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold
18.9.2021
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period
Laos Authorizes Cryptocurrency Mining and Trading Activities
18.9.2021
Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining...
Bitcoin Miners Adapt Fast As EU Mulls ‘Climate-Friendly Cryptoassets’
18.9.2021
t="_blank" rel="noopener noreferrer" href="https://cryptonews.com/coins/bitcoin/">Bitcoin (BTC) mining.Since it was first unveiled in September 2020, the 168-page-long
Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue
17.9.2021
China Goes After Camouflaged Crypto Miners Ahead of Winter Season
16.9.2021
y forces are now targeting those miners who claimed to be data researchers and storage facilities. Illegal mining activity has been discovered in colleges, research institutions, and data centers in several provinces. While some miners left the country since the beginning of the crackdow
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
16.9.2021
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of...
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
15.9.2021
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by...
Bitcoin miner maker Canaan records highest quarterly profit since 2019 IPO
15.9.2021
Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021
Bitcoin's power consumption this year has already surpassed all of 2020's
15.9.2021
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study