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Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
26.7.2022
Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required
Bitcoin Mining Difficulty Sees Largest Drop Since July 2021 as Miners Feel the Texas Heat
22.7.2022
The bitcoin mining difficulty adjusted downwards as miners unplugge their machines amid U.S. heatwaves
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March
22.7.2022
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June...
Compass Mining to add 25,000 ASIC miners just weeks after staff cuts
22.7.2022
The Bitcoin mining company plans to expand its fleet of mining devices comes on the back of staff lay-offs and executive salary cuts just weeks before
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv
20.7.2022
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said....
As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago
19.7.2022
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s...
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
19.7.2022
DCG subsidiary Foundry is launching a training program for mining engineers
BTC miners 'finally capitulating' — 5 things to know in Bitcoin this week
18.7.2022
Bitcoin rebounds strongly off the weekly close, but for BTC miners, it may be a case of "too little too late."
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
18.7.2022
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking...
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
17.7.2022
Forced selling from Bitcoin miners raises concern about BTC price, but the use of renewable energy and the oil and gas industry’s growing interest in BTC are longterm positives
BTC mining costs reach 10-month lows as miners use more efficient rigs
15.7.2022
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’
14.7.2022
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC acquisition follows Cleanspark’s recent...
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
13.7.2022
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....
Tothesmart Is an Exclusive New Smart Contract Built on the Binance Smart Chain Blockchain
12.7.2022
PRESS RELEASE. Now there is no need to buy expensive equipment and pay for electricity, you can simply buy virtual miners from Tothesmart and earn up to 5% per day in passive income. What is Tothesmart? Tothesmart is a Play to earn mining Farm built on the Binance Smart Chain blockchain.An open...
Crypto miners in Texas shut down operations as state experiences extreme heat wave
11.7.2022
ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures
Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower
10.7.2022
Bitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops...
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
9.7.2022
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining....
US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils
9.7.2022
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto...
Stop Your Crypto Operations in Russia, Washington Tells Japanese Exchanges & Miners
9.7.2022
Washington wants Japanese regulators to convince domestic crypto exchanges and miners to cut all ties with Russia, per a new report.
The Financial Times claimed that American “diplomats” believe “several” Japanese crypto exchanges are “still running in Russia,” according to unnamed “people close...
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
8.7.2022
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped...