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Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
30.1.2021
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars,...
Analyst: Chinese New Year could drive Bitcoin selling pressure
28.1.2021
Stack Funds’ analysis suggests that Bitcoin’s floor price has yet to be found as the Chinese New Year approaches
Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset
26.1.2021
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying...
While BTC’s Hashrate Remains High, It’s More Difficult Than Ever Before to Mine Bitcoin
26.1.2021
At the end of January 2021, Bitcoin’s network mining difficulty, a measure of how complicated it is to mine a block reward, is higher than it’s ever been during the crypto protocol’s lifetime. Currently, Bitcoin’s mining difficulty is a whopping 20.8 trillion but despite...
Driving to the moon? HODLer installs portable mining rig in BMW
25.1.2021
“I'm not in crypto to make a fast buck, but I'll take the bonus,” said Simon Byrne
Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining
24.1.2021
Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy?
Montana County to Hold Public Hearings on Zoning Rules for Crypto Miners Amid Growing Complaints
23.1.2021
Another U.S. county is facing troubles related to crypto mining activities within its territory. This time, the second-largest county in Montana is the protagonist of the story, who will look forward to revisiting local zoning for mining operators. Authorities to Decide on Making Current Rules...
Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
22.1.2021
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public
The Bitcoin Double-Spend That Never Happened
21.1.2021
No coins were added to the bitcoin supply, as some headlines might lead you to believe
Crypto winter: Bitcoiners use mining rigs as heaters as temperatures drop
20.1.2021
Bitcoiners have been using the excess heat produced by their mining rigs to stay warm this season
Why Pakistan and the Middle East can bet on crypto mining
19.1.2021
By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow
Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
19.1.2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific...
A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
16.1.2021
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s...
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
15.1.2021
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to...
Galaxy Digital Launches Proprietary Mining, Miner Financial Services
14.1.2021
Galaxy has launched its proprietary mining and miner financial services operations
Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
14.1.2021
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61...
Crypto mining allegedly worsening air pollution in Iran
14.1.2021
Mining for Bitcoin may be contributing to “thick layers of toxic smog” and blackouts across many Iranian cities
Bitcoin Miners, Developers Narrow Down How Taproot Will Be Activated
13.1.2021
We know it's going to happen - the question is when and how
Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
13.1.2021
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement...
Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
12.1.2021
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin Bull-Run Could Revive Interest...