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Nalezeno "Miners": 1925

Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

21.12.2022
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between...

First Mover Americas: One of The Largest Bitcoin Miners Goes Bankrupt

21.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 21, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection

21.12.2022
The publicly traded miner filed for Chapter 11 at Southern District of Texas bankruptcy court

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG

20.12.2022
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity...

Kazakhstan Tightens Regulation for Miners, Looks to Develop Broader Crypto Industry

20.12.2022
Kazakhstan, one of the world’s largest bitcoin mining hubs, is working on new legislation for the industry

'Wave lower' for all markets? 5 things to know in Bitcoin this week

19.12.2022
BTC price hovers in a tight range, but Bitcoin analysts are predicting a grim end to the year for risk asset holders

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher

18.12.2022
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals...

Russian Energy Companies Crack Down on Domestic Crypto Miners

15.12.2022
Russian energy providers are hunting illegal crypto miners who plying their trade from home, the government has said. Per Izvestia, the Deputy Energy Minister Pavel Snikkars stated that some “home”-based miners have successfully changed the load profile of their electrical connections – allowing...

Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay

14.12.2022
LatAm was touted as a promise land for miners just last month, but a crypto mining-friedly bill in Paraguay was shot down last week

Russia Cracking Down on Crypto Miners Minting in Residential Areas

14.12.2022
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto...

Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain

13.12.2022
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully...

Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported

10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...

Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...

US lawmakers introduce bill aimed at reporting on crypto miners' potential environmental impact

8.12.2022
The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than 5 megawatts

Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill

8.12.2022
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate...

Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage

8.12.2022
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a bill designed to regulate the sector which is likely to be adopted this year. Russian Energy...