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Summit Mining: Crypto Mining Made Both Profitable & Fair
6.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The cryptocurrency mining space has evolved significantly since its first days, more than a decade ago. However, if you’ve been feeling like you missed out, there’s still time to start and even turn a profit—if...
Marathon Digital stock soars after company ramps up BTC mining in Q1
5.4.2021
The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC
Bitcoin miner firm Ebang launches Ebonex crypto exchange
5.4.2021
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year
No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
5.4.2021
“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin's environmental concerns continue to rage
Hong Kong Customs seizes 300 crypto mining GPUs in anti-smuggling operation
5.4.2021
Hong Kong Customs intercepted a large volume of pricey exotic foods, cosmetics and dedicated cryptocurrency mining GPUs in their latest successful anti-smuggling action
Ether Hashrate Climbs to New Heights, Reports Say a 2,000 Megahash ETH Miner Set to Drop This Summer
4.4.2021
In December 2020, the mining rig manufacturer Innosilicon released a new ethereum miner called the Innosilicon A10 Pro+, which processes Ethereum-based hashrate at around 750 megahash per second (MH/s). Regional reports have noted Innosilicon is dropping a new ether mining rig this summer that...
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month
3.4.2021
On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash...
Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban
1.4.2021
The de facto South Caucasus state of Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue to experience disruption.
As previously reported, anarchic scenes have become commonplace as large-scale...
Riot Blockchain’s hashing capacity grew 460% in 2020: Report
1.4.2021
Riot Blockchain has published its 2020 financials and revealed it has increased its hashrate by 460%
Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
31.3.2021
The Texas-based miner raised more than $38 million in two separate funding rounds
Bitcoin Mining Difficulty Aims for All-Time High; Hashrate Already There
31.3.2021
Bitcoin (BTC) mining difficulty might be about to hit another all-time high (ATH), and the jump to lead it there would be the second-biggest one this year. Meanwhile, weekly moving average of hashrate has already hit an ATH.
Bitcoin mining difficulty, or the measure of how hard it is to compete...
Adam Back unveils Blockstream’s new Bitcoin mining security token
31.3.2021
Blockstream has announced the launch of a new security token backed by the company's mining facilities
Nic Carter takes aim at claims Bitcoin is an environmental disaster
31.3.2021
Carter argues that mining is concentrated in areas where there is an excess of energy
The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions
31.3.2021
Marathon plans to divert all hash power to its new, regulatory compliant Bitcoin mining pool from May 1
Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or Refinancing
31.3.2021
On Monday, the publicly-listed Canadian company Mogo announced the firm is extending the bitcoin rewards program applied to the firm’s prepaid Visa card to the operation’s Mogomortgage product. Mogo members leveraging the Mogomortgage platform can earn up to $3,100 in bitcoin if they...
Youtuber Builds a Bitcoin Miner Out of a 31-year old Nintendo Game Boy
29.3.2021
On Saturday, a popular Youtuber named Stacksmashing published a video that shows him hacking a 1989 Nintendo Game Boy in order to mine bitcoin. Despite the creativity and the fact that the miner only leverages four double-A batteries, Stacksmashing noted that the 8-bit handheld game console was...
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
29.3.2021
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said
Norwegian billionaire ditches skepticism, invests in local crypto exchange
29.3.2021
Norwegian billionaire investor Øystein Stray Spetalen made a 180° reversal in his opinions about cryptocurrency this month and now part-owns domestic crypto exchange MiraiEx
Interest from China, Co-Mining and a Grayscale Trust Gives Filecoin’s Market Cap a Valuation Lift
28.3.2021
Over the last seven days the project filecoin, a cryptocurrency, and blockchain-based cooperative digital storage network climbed 61% in value and 493% during the last three months. Regional reports from China also show that the computer hardware giant based in Shenzhen, Xinyuan Technology Co.,...