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Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash
14.7.2021
Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S...
Bit Mining raises $50M to take operations out of China
14.7.2021
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining
The9 signs green Bitcoin mining deal with Russian firm BitRiver
13.7.2021
BitRiver utilizes only surplus hydroelectric power to operate its data centers in Russia and CIS countries
Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation
12.7.2021
Signs of BTC accumulation begin to emerge as the network’s hashrate rises and exchange outflows increase in July
Green energy-focused Bitcoin miner Hive joins North American mining pool
12.7.2021
Hive aims to take advantage of the east-to-west shift in Bitcoin mining power after regulators in China have renewed efforts to crack down on the industry
123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
9.7.2021
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. The Mechanicville facility is considered one of the oldest renewable energy plants...
US crypto community overtaking Asia, says Mike Novogratz
9.7.2021
“China has declared war on crypto as part of this broader cold war that we’re getting into,” Mike Novogratz stated
US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
9.7.2021
Gryphon has doled out $48 million to buy Bitmain’s latest Bitcoin mining hardware set for release in the summer
Licensed Iranian crypto miners ordered to halt production 'altogether'
6.7.2021
Even Iran's Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid
From mining to software: China's regulatory crackdown on crypto continues
6.7.2021
Financial institutions, crypto miners, and now software companies — where will regulators in China move to strike next?
Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2
4.7.2021
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most...
Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating
4.7.2021
Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the short term. This would be the effect of the bitcoin mining crackdown in China. Since the crackdown happened, a significant portion of hashrate stemming from the Bitcoin network disappeared. Ousted miners...
‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming
4.7.2021
U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners to her home state on social media. Crypto Mining Adapted to Non-Carbon Emitting...
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
4.7.2021
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin...
Cambridge and IEA data shows bitcoin carbon intensity peaked last year
2.7.2021
Worst case projections seem to suggest that bitcoin emissions will be down by more than two-thirds in five years
Greenidge plans to expand mining operations to South Carolina
2.7.2021
According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources
Kazakhstan to introduce new energy fees for crypto miners in 2022
1.7.2021
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022
Celsius users to receive yield from its $200M Bitcoin mining investment
1.7.2021
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky
Crypto miner claims all major Yunnan operations shut down in advance of CCP anniversary
30.6.2021
It's unclear if the shutdowns are due to orders passed down from above or the result of China's announced regulatory crackdown on crypto miners
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...