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EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study


The US Energy Information Administration (EIA) has agreed to discard any data it already collected in response to its emergency Bitcoin mining survey, court documents filed Friday showed. The post EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study appeared first on Cryptonews

Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners


Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high...

Why Finland Could be Europe’s Next Crypto Mining Giant


Finland is emerging fast as an attractive place for crypto mining due to its relatively cool climate, which helps with cooling mining rigs, and its abundant renewable energy sources. The post Why Finland Could be Europe’s Next Crypto Mining Giant appeared first on Cryptonews

US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners


The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their mining sites. According to one of the letters posted on social media, miners have...

Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia


Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...

Bitcoin Miner Iris Energy Inks AI Cloud Services Deal With Poolside AI


The bitcoin mining corporation Iris Energy, listed on the Nasdaq, has declared its entry into a cloud services partnership with the artificial intelligence (AI) startup Poolside AI. The collaboration with Poolside comes after Iris acquired 248 Nvidia H100 graphics processing units (GPUs) for...

Ethiopia Emerges As New Bitcoin Mining Hotspot – Will it Last?


Ethiopia is growing popular for Bitcoin mining after China ejected the industry from its borders in 2021. Following the ban, China’s biggest players scattered across the globe searching for new locations that would respect their energy-intensive business practices. That journey led many to arrive...

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