Search
Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment?
24.7.2023
Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels
Bitcoin Network’s High Difficulty Levels Poised to Ease Amid Longer Block Intervals
24.7.2023
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been lagging behind their typical ten-minute average...
Through It All, the Bitcoin Mining Industry Looks Set for Growth
24.7.2023
Though the Bitcoin halving will reduce rewards for miners, the prospects for the industry remain bright and innovations like Ordinals promise more demand for miner services in the future
How Miners Are Preparing for the Next Bitcoin Halving
24.7.2023
Bitcoin’s fourth “halving” next April poses miners with strategic questions around equipment, energy use and diversification. This story is part of CoinDesk's Mining Week 2023
How Texas Became a Global Mecca for Bitcoin Mining
24.7.2023
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the regulators, Texas is all about freedom.”
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week
24.7.2023
Bitcoin begins to fulfil traders' downside targets as BTC price action retraces its steps in a crucial macro week
Arkansas counties rush to pass noise regulations for crypto miners
23.7.2023
Several counties in the U.S. state of Arkansas are hurrying to adopt new ordinances before August, when crypto mining facilities will be subject to the same rules as data centers
Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings
22.7.2023
In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewards will transpire over the ensuing two decades...
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
21.7.2023
This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto
The last Bitcoin: What will happen once all BTC are mined?
21.7.2023
According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins
Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban
20.7.2023
In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...
Samsung’s 3nm GAA Chip Discovered in Microbt’s Next-Gen Bitcoin Mining Rig
20.7.2023
According to reports, the 3-nanometer (nm) Gate-All-Around (GAA) semiconductor from Samsung has been discovered in use after a year since its release. Until now, there were no confirmed applications of the technology. Techinsights found Samsung’s 3nm chip in the Whatsminer M56S++ bitcoin...
Kuwait Regulator Bans Crypto Payments, Investment and Mining
20.7.2023
The prohibitions are an effort to comply with the FATF's recommendations to prevent money laundering via crypto, the Capital Markets Authority said
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
19.7.2023
The company will be able to add up to 150 megawatts of energy capacity through the two agreements
Bitcoin mining is becoming more environmentally friendly
19.7.2023
Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism
Cryptocurrency Insurer Evertas Acquires Bitcoin Mining Insurance Specialist Bitsure
19.7.2023
Evertas, the first digital asset insurance company has announced its acquisition of Bitsure, the first crypto mining insurance provider as it looks to expand its coverage in multiple jurisdictions.
The firm which ranks among the few to work with the Lloyd’s of London partnered with Bitsure last...
Dormant pre-mined Ethereum worth $116M resurrects after 8 years
19.7.2023
During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million
Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps
19.7.2023
Proceeds from the private placing and public sale will be used to pay down debt
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
18.7.2023
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend...