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Bitcoin mining finds fresh support from Russian finance ministry
31.3.2022
While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto
Apple's Plan for Future Financial Products, Binance Enters GRAMMY + More News
31.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____
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Read More: Apple's Plan for Future Financial Products, Binance Enters GRAMMY + More News
Bengal Energy to mine Bitcoin using ‘stranded wells’ in Aussie outback
31.3.2022
Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
30.3.2022
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From...
Bitcoin Miners Set to See a New Difficulty High as 'Tectonic Shifts' Bring 'New Opportunities'
30.3.2022
Bitcoin (BTC) mining difficulty seems likely to break another record in a matter of hours, yet again cutting into the decreasing profit margins of miners.
At 14:47 UTC, it is estimated that the Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise...
As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High
30.3.2022
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty...
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
30.3.2022
The firm highlighted growth in hash rate, mining equipment sales, hosting revenue, digital asset mining income as key reasons for the improved performance
DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy
29.3.2022
On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts...
Blockware Solutions Builds 20MW Bitcoin Mining Data Center in Kentucky
29.3.2022
The facility has potential to be expanded to 75MW
Bosnian court sides with Bitcoin miner in frozen bank account case
29.3.2022
The second-largest Italian bank would have to pay $144 million in compensation to the mining farm, the judge rules
The Bitcoin shitcoin machine: Mining BTC with biogas
29.3.2022
A Bitcoin mining facility in Slovakia converts human and animal waste into Bitcoin hash rate, securing the network while mining Bitcoin
Ripple’s Larsen Teams Up With Greenpeace & Co to Spend USD 5M on Recycling Bitcoin Mining FUD
29.3.2022
One of Ripple’s top executives has stoked the ire of the Bitcoin (BTC) community again, with a fresh assault on the way the network operates and its supposed environmental impact.
After last year launching what miners tagged “the stupidest idea” of 2021, suggesting that the Bitcoin protocol...
Greenpeace, Ripple co-founder campaigning to change Bitcoin code
29.3.2022
Chris Larsen, co-founder of Ripple also joined in on the call, saying Bitcoin is the “outlier” now that Ethereum’s model is set to change
‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
28.3.2022
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere...
Greener Bitcoin Mining Could Be China’s ‘Trillion-Dollar Present’ to the US
25.3.2022
Can change come fast enough for an ESG-embattled mining industry?
EU Institutions to Continue MiCA Discussions Without Bitcoin Mining Ban Proposal
25.3.2022
As the European Parliament continues its work on the crypto-focused MiCA regulation, Stefan Berger, a German member in charge of shepherding the legislation, has announced that his mandate to lead inter-institutional talks on MiCA was not scrapped -- thus advancing the regulation towards...
Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota
25.3.2022
Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is partnered with the firm Crusoe Energy Systems,...
Exxon Mobil is using excess natural gas to power crypto mining: Report
24.3.2022
The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany
ExxonMobil Running Pilot Project to Supply Flared Gas for Bitcoin Mining: Report
24.3.2022
The oil giant is looking to make use of natural gas that would otherwise be wasted at sites around the world, according to the report