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.

A cryptocurrency mining rights bill prohibit the discrimination of crypto
mining

A cryptocurrency mining rights bill prohibit the discrimination of crypto

The Montana Senate approved a law to protect cryptocurrency miners from discrimination.

Bitcoin Ordinals Create Stir Within Crypto Community
mining

Bitcoin Ordinals Create Stir Within Crypto Community

Luxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub.

The Most Unworkable State Law
mining

The Most Unworkable State Law

An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.

CleanSpark Buys 20000 New Bitcoin Miners to Boost
mining

CleanSpark Buys 20000 New Bitcoin Miners to Boost

CleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.

What Happens When the Bitcoin Blockchain Produces an Empty Block
mining

What Happens When the Bitcoin Blockchain Produces an Empty Block

Accept the oddities: Bitcoin's blockchain has more empty blocks than intended.

Iris Energy to Triple Mining Capacity With Thousands of New Rigs
mining

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.

PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool
mining

PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool

UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.

Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate
mining

Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate

Bitcoin mining firms produced more BTC and hashrate in January than December.

Kazakhstan plans to reduce tax fraud and unlawful business operations
mining

Kazakhstan plans to reduce tax fraud and unlawful business operations

The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.

Mississippi State Senate Passes Bill to Protect Crypto Miners
mining

Mississippi State Senate Passes Bill to Protect Crypto Miners

The Mississippi state senate approved a law to shield the bitcoin mining business from unfair "regulatory hurdles."

Bitfarms Settles Debt with BlockFi
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Bitfarms Settles Debt with BlockFi

Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.

Russia Gives Tax Incentives to Crypto Miners
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Russia Gives Tax Incentives to Crypto Miners

Russia offers tax benefits for crypto mining investors during tough times.

Hut 8 Mining Company to Merge with US Bitcoin
mining

Hut 8 Mining Company to Merge with US Bitcoin

Hut 8 Mining and U.S. Bitcoin will consolidate under New Hut, pending court clearance.

CEO Sues Board Members for Seizing Control of Crypto Miner
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CEO Sues Board Members for Seizing Control of Crypto Miner

Layer1 Technologies CEO John Harney sued two board members for profiting from mining activities.

Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms
mining

Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms

Riot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.