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Power Plants in Iran Are Authorized to Mine Bitcoin
29.7.2020
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
Ebang to Establish Crypto Exchange and Mining Farms After Going Public
26.6.2020
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
10.6.2020
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin...
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Riot Blockchain Says Coronavirus Outbreak Might Hurt Crypto Mining Farms
30.3.2020
Riot Blockchain's 10-K filing captures the fear COVID-19 is sowing in American companies
Are Chinese Bitcoin Mining Farms Moving to North America and Why?
12.2.2020
Bitcoin (BTC) production is seemingly being shifted to North America from China, which dominates digital coin mining. But if so, what could be the reasons behind it?
At the end of 2019, China's Bitcoin miners controlled some 65% of total hash power, according to CoinShares Research. Also, Chinese...
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
28.12.2019
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...
Government of Abkhazia to Intensify Identification of Crypto Mining Farms
12.12.2019
Abkhazia looks to crack down on illegal cryptocurrency mining
5 Easy Ways to Earn Cryptocurrency
4.11.2019
The days of individuals mining popular cryptocurrencies are over. The amount of time and energy required to mine bitcoin is immense and you’d be competing with business with massive mining farms. What you can do, however, is chip away at earning cryptocurrency via a few simple tasks that...
Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia
1.9.2019
Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
22.7.2019
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining...
Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike
28.6.2019
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories
PR: Bitcoin.com Announces Mining Partnership With Bit Mining
19.6.2019
Bitcoin.com and Bit Mining are excited to announce a business partnership focusing on BCH and BTC mining.A New BeginningThis joint endeavor is between Bitcoin.com, a company dedicated to spreading BCH and BTC adoption, and Bit Mining, a blockchain ecosystem builder with large mining farms spread...
Chinese Authorities to Investigate Illegal Mining Farms at ‘Global Mining Capital’ Sichuan
30.5.2019
Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province