Mining News | Blockchain.News

MINING

The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.

Kyrgyzstan Shuts Down Over 500 Illegal Crypto Miners
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Kyrgyzstan Shuts Down Over 500 Illegal Crypto Miners

Kyrgyzstan has moved to stem the rise of illegal crypto mining activities in the country by disrupting the activities of a network of unauthorized operators.

Crypto Mining Demands Ramps Up in Vietnam Amid Bitcoin’s Price Surge
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Crypto Mining Demands Ramps Up in Vietnam Amid Bitcoin’s Price Surge

Surging Bitcoin’s price is currently creating greater demand for cryptocurrency mining in Vietnam. Increased interest in mining activities are also being seen in several regions across the world.

Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining
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Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining

The president of Belarus, Alexandra Lukashenko, is urging his citizens to take advantage of cheap electricity in the country to do crypto mining instead of seeking jobs abroad.

Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving
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Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving

Bitcoin’s hashrate has been on the right footing because it has resumed more than doubled after falling by 50% amid intensified crypto mining crackdowns by Chinese authorities.

Bitcoin’s Long-Term Address Activity Rebounding, Signaling a Breakout sign
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Bitcoin’s Long-Term Address Activity Rebounding, Signaling a Breakout sign

On-Chain metrics provider Santiment noted that BTC long-term address activity surged to levels witnessed in mid-April, which could signal a breakout.

ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High
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ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High

Ethereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, given that its balance dropped to a two-year low.

Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital
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Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital

Fidelity Investment Inc now has a 7.4% stake in Marathon Digital Holdings, a major crypto mining firm in North America.

HIVE Purchases Additional 4,000 New Bitcoin Mining Machines
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HIVE Purchases Additional 4,000 New Bitcoin Mining Machines

HIVE Blockchain, a publicly listed firm based in Canada, has announced a purchase of 4,000 Bitcoin mining machines to increase its hash rate production.

Bitcoin Mining Simulators VS Crypto Faucets – Who wins?
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Bitcoin Mining Simulators VS Crypto Faucets – Who wins?

Compare Bitcoin faucets vs crypto mining simulator games in search of the best way to get free bitcoins and the most fun!

Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop
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Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop

Bitcoin’s hashrate seems to be on an upward trajectory after nosediving by 50% amid an intensified crackdown on crypto mining by Chinese authorities.

Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary
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Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary

BTC mining is becoming more geographically distributed after China's clampdown on Bitcoin mining recently.

Bitcoin Mining in China Dropped before the Latest Crackdown
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Bitcoin Mining in China Dropped before the Latest Crackdown

New research conducted by the Cambridge Centre for Alternative Finance (CCAF) shows that Bitcoin mining in China has already nosediving even before the government started cracking the whip on crypto mining in May.

China Anhui Province Becomes the Latest Region to Crack the Whip on Crypto Mining
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China Anhui Province Becomes the Latest Region to Crack the Whip on Crypto Mining

Anhui, an eastern Chinese province, has become the latest region to shut down all crypto mining activities, according to local media, citing an acute power shortage.

Crypto Miner BIT Mining Raises $50M through Private Placement to expand its Mining Business Abroad
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Crypto Miner BIT Mining Raises $50M through Private Placement to expand its Mining Business Abroad

A Shenzhen-based cryptocurrency miner, BIT Mining, announced it will raise $50 million through private placement to expand its mining business to overseas markets abroad.

Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M
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Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M

The bitcoin mining company Gryphon Digital Mining announced that it has purchased 7,200 S19J Pro ant mining machines manufactured by bitcoin mining machine manufacturer Bitmain Technology Co., Ltd for $48 million.