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Nalezeno "mining bitcoin": 1407

Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners

25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...

Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...

Iran Is Using Bitcoin Mining to Circumvent Sanctions, According to Elliptic

23.5.2021
Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime compliance firm. The country is indirectly using...

‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector

21.5.2021
A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates...

Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame

20.5.2021
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with alleged power outages in Sichuan, China, and...

Nvidia Aims to Get Its GPUs Back ‘Into the Hands of Gamers’ by Reducing Mining Capabilities on 3 Graphic Cards

20.5.2021
A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic...

Nvidia extends limits on crypto mining to newest gaming graphics cards

18.5.2021
The global head of GeForce marketing at Nvidia said that the reduced hash rate "only applies to newly manufactured cards," not to GPUs already purchased

Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

17.5.2021
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners...

John Lennon’s Son Defends Bitcoin- Musician Highlights Carbon Footprint Tied to Consumerism

16.5.2021
Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical discussion. On May 14, the musician and activist, Sean Ono Lennon, the son of John Lennon and Yoko Ono, said that he’s more concerned with consumerism than...

Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month

14.5.2021
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited...

The Aspiring Answers to Bitcoin’s Enormous Energy Footprint

14.5.2021
Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback. Musk’s Comments Conveniently Ignore Reality of Blockchain...

HIVE Blockchain sells Norwegian data mining center, citing loss of government subsidies

10.5.2021
Executive chair Frank Holmes described the sale as “unfortunate” but approved of the community continuing to find uses for the property

Canadian Bitcoin ETF issuer seeks ‘green BTC’

10.5.2021
Ninepoint will allocate part of its management fees to even out the carbon footprint of Bitcoin in its exchange-traded fund product

Bitcoin Mining Operation Bitfarms to be Listed on Nasdaq Following DTC Eligibility

9.5.2021
The Toronto-based Bitcoin mining operation Bitfarms announced the company has been approved for a common stock listing on Nasdaq Global Market tier. The company is already listed on the Toronto Stock Exchange (TSX) and the firm’s Nasdaq listing will be listed under the ticker symbol...

South Korea to Impose a 20% Tax on Crypto Mining Activities

8.5.2021
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...

Marathon Mines First OFAC Compliant Bitcoin Block

7.5.2021
Marathon, one of the biggest bitcoin mining dedicated companies in the U.S. and Canada, has mined the first OFAC compliant bitcoin block, only accepting transactions that comply with the directives of this government office. This has caused a stir in libertarian circles, that argue this can be...