US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.
More DetailsEthereum, the second-largest cryptocurrency by market capitalization has attained a new mining difficulty all-time high of 4,745,167,085,193,270.
More DetailsA major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.
More DetailsArgo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.
More DetailsFederal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.
More DetailsCrypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.
More DetailsAirport officials working at Italy’s Lamezia Terme International airport have nabbed a 41-year-old technician for unlawfully mining Ethereum using the airport computers.
More DetailsGrayscale parent company DCG has announced its entry into Bitcoin mining.
More DetailsBitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit.
More DetailsLondon-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.
More DetailsThe world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
More DetailsKazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.
More DetailsBlockFi aims to offer $160 million in loans secured by 68,000 Bitcoin mining equipment. November saw the crypto lender declare Chapter 11 bankruptcy. Defaulted loans may be undercollateralized.
More DetailsAfter skipping a court arraignment session, Nadeam Nahas faces arrest for using a school's energy for bitcoin mining.
More DetailsU.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.
More DetailsCrypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
More DetailsA prominent Canadian cryptocurrency mining company, Hut 8, achieves a record high annual revenue of $173.8 million. Bitcoin holdings will increase by 100% to 5,518 by the end of 2021, with a market cap of $323.9 million.
More DetailsChaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program.
More DetailsCompass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.
More DetailsArgo not only mined more Bitcoins in July, but also generated higher revenues than the previous month. The crypto mining firm faced challenges of electricity costs and its 17 series machines during the month of July.
More DetailsThe Iran Grid Management Company, also known as the Tavanir, has cut off the power supply to the country’s licensed cryptocurrency miners, a significant step against its backing for the controversial adventure.
More DetailsDespite the market plunge, Argo Blockchain recorded increased Bitcoin mining revenues in June. Argo said the success has been attributed to the increased Bitcoin mining produced by S19J Pro machines.
More DetailsIn January, Marathon Digital, the second-largest Bitcoin holder after Michael Saylor's Microstrategy, sold 1,500 BTC.
More DetailsArgo Blockchain increased its daily Bitcoin production to 5.7 BTC per day in February, up from 5.4 BTC per day in January, despite a 10% increase in network difficulty.
More DetailsThe UK announced to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for cryptoasset technology and investment.
More DetailsStronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports.
More DetailsAuthorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province.
More DetailsThe Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.
More DetailsGreenidge produced 230 Bitcoins in June, an increase of 18% compared to production seen in May. The company also has ordered additional 200 mining machines to be on delivery to increase its mining ability.
More DetailsHelium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors
More DetailsNew York governor Kathy Hochul signed the proof-of-work (PoW) mining moratorium into law on Nov. 22. PoW mining consensus is predominantly used by Bitcoin miners and a few other altcoins. The practice has been marred by controversies over its high amount of energy consumption.
More DetailsChinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain.
More DetailsIn May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years).
More DetailsPaolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.
More DetailsBitdeer Technologies Group, a leading Bitcoin mining company, has seen steady operational performance in October 2023, with strategic developments like Tydal Datacenter construction highlighting its long-term success.
More DetailsBitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.
More DetailsTech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto.
More DetailsBTC transaction fees have plunged based on the ongoing Chinese crackdown on Bitcoin mining facilities.
More DetailsSurging 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.
More DetailsUK-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.
More DetailsActive whales in Ethereum (ETH) have taken advantage of the retracement happening in the market by accumulating more coins.
More DetailsTesla's boss Elon Musk decides not to join the board, who recently become the biggest shareholder in Twitter. Meanwhile, Tesla, Blockstream, and Jack Dorsey-owned Block have teamed up to power a bitcoin mining facility with solar energy.
More DetailsHut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors.
More DetailsBitcoin mining company and zero carbon power plant supplier Greenidge Generation has announced a transition of leadership and a possible loss in Q3
More DetailsMarathon Digital Holdings announced a 23% decrease in bitcoin production for February 2024 due to unplanned maintenance issues at its mining facilities, despite a 9% increase in hash rate.
More DetailsBitcoin mining company Griid announced that it will merge with Adit EdTech Acquisition Corp through a special purpose acquisition company (SPAC) to be listed on the New York Stock Exchange under the stock code "GRDI".
More DetailsOver the past few days, a central debate has been ongoing on crypto Twitter, fueled by Bitcoin and Ethereum advocates. Both Bitcoiners and Ethereans disagree on which cryptocurrency is better for use.
More DetailsThe lending fund is designed to support crypto mining firms impacted by the market downturn.
More DetailsA survey by Genesis Mining reveals that while the majority of Bitcoin investors are sold on the crypto’s ability to replace gold, few are as confident of $50,000 per BTC by 2030.
More DetailsArcane Research suggests crypto mining would help to resolve the energy crisis triggered by fossil fuels.
More DetailsThe U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as "DEBT Box," along with its four principals and 13 other defendants.
More DetailsLuxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub.
More DetailsRiot Platforms saw a $280.7 million revenue boost in 2023, attributed to increased Bitcoin production, higher average prices, a strong balance sheet, and enhanced hash rate capacity.
More DetailsThe Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31.
More DetailsMarathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.
More DetailsBitcoin’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.
More DetailsCoinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.
More DetailsBitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully energizing its Argentina facility at Rio Cuarto to 51 MW, and increasing its total operating capacity to 233 MW.
More DetailsTether is testing its new Bitcoin mining platform, Moria, which has undergone significant software enhancements, including software-driven PDU management and multisig approval. Moria is designed to integrate with IoT devices, potentially revolutionizing mining operations. Tether's diversification into Bitcoin mining is still in its testing phase.
More DetailsFort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.
More DetailsGuardicore, a cloud security and data center firm, has issued a report showing how a malware botnet, tracked as Vollgar botnet, has been hijacking Microsoft SQL Server (MS-SQL) databases around the world and forcing them to mine the cryptocurrencies Vollar and Monero.
More DetailsChina’s latest crackdown on cryptocurrency mining was prompted by an increase in the illegal coal extraction.
More DetailsSwedish authorities' call to ban Bitcoin mining across the EU has been faulted by Melanion Capital who says the position is "completely misinformed."
More DetailsBitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.
More DetailsThe use of volcano power to mine Bitcoin (BTC) in El Salvador was propelling the leading cryptocurrency’s quest to accelerate renewable energy development.
More DetailsFred Thiel, the CEO of Bitcoin mining firm Marathon Digital, has called on the Federal Government to incentivize miners for embracing renewable energy options to mine their cryptocurrencies.
More DetailsUnited States Senator, Ted Cruz has showered accolades on Bitcoin mining as a venture, taking a very divergent view from major critics who believe Bitcoin mining is damaging to the environment.
More DetailsBitcoin miners seem to be on the right footing as the hashrate is on an upward trajectory after nosediving by more than 50%.
More DetailsPublicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
More DetailsArkansas has passed a bill to regulate Bitcoin mining activity in the state, protecting miners from discriminatory regulations and taxes. Digital asset miners must pay applicable taxes and operate without causing stress to public utility generation capabilities. The move follows a similar initiative in Montana and New York's proof-of-work mining moratorium.
More DetailsAccording to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks, the highest number of bitcoins sold since January 2021.
More DetailsBitcoin's hash rate has hit all-time highs of 398 terahashes per second (TH/s) on March 23, with analysts suggesting miners are turning on their rigs as BTC's price rises. The increase in hash rate is attributed to unused mining inventory coming online and entrepreneurs finding cheap sources of mining. While some have speculated that lower prices forced miners to shut down their rigs, others believe that attractively priced hardware is being bought up by well-capitalized miners.
More DetailsIn Canada, the city of Niagara Falls claims that Blockfusion Bitcoin miner violates local laws and produces environmental disturbances.
More DetailsThe latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.
More DetailsIntegrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.
More DetailsUS Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.
More DetailsA Californian man pleaded guilty for his involvement in perpetrating BitClub Network, a cryptocurrency mining scheme that generated at least $722 million.
More DetailsNasdaq-listed Greenidge Holdings has announced its plans to establish a new data center for mining cryptocurrencies in Spartanburg County, South Carolina State.
More DetailsBitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
More DetailsCryptocurrency mining operators, including Huobi and BTC.TOP, are reportedly halting their business in mainland China, sources said.
More DetailsVenezuela has closed down crypto mining facilities as part of a national crypto department reorganization and corruption investigation into the country's oil company, PDVSA.
More DetailsBhutan, known for its focus on "Gross National Happiness," has been quietly accumulating and mining Bitcoin with the help of its abundant hydroelectric power. The country is negotiating with Bitdeer to expand its mining operations further.
More DetailsEven though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.
More DetailsRiot Blockchain's first-quarter earnings from 2022 showed a new record of total revenue for the quarter. It was up 244% year-over-year to $79.8 million, and its bitcoin production increased year-over-year in the first quarter of 2022 by 186% to 1,405 BTC.
More DetailsMarathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.
More DetailsArgo Blockchain's 2021 IPO investors launched a class-action lawsuit.
More DetailsThe clampdown on crypto mining from China has caused a shortage of space for the homeless mining machines.
More DetailsAn American fraud fugitive wanted by the US Federal Bureau of Investigation (FBI) for a $722 million cryptocurrency scam has been nabbed in Jakarta, Indonesia, for child sex crimes.
More DetailsThe Vice-Chair of the European Securities and Markets Authority (ESMA), Erik Thedéen has taken a stance against the use of renewable energy for all PoW mining operations.
More DetailsEthereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.
More DetailsEthereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.
More DetailsBitmain has changed its company structure in the registration filing with government agencies. Leading to Wu becoming executive director and legal representative of the company.
More DetailsBitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.
More DetailsIran is banning cryptocurrency mining for the second time this year in order to reduce the strain on the nation’s power grid.
More DetailsPolice in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.
More DetailsSpiral and Braiins lead efforts along with an industry working group to upgrade the current Stratum V1 protocol for miners.
More DetailsMicrosoft has filed for a patent for a cryptocurrency mining system that will leverage the data collected from people as they interact with advertising or exercise.
More DetailsBitcoin mining firm Core Scientific to file for Bankruptcy
More DetailsThe number of BTC addresses holding more than 1,000 Bitcoins plummeted ``to a1-month low of 2,152.
More DetailsMissouri-based energy generation company Ameren Corp has unveiled its secret Bitcoin mining operations near the Sioux Energy Center in the state.
More DetailsHut 8 Mining Corp currently holds a total of 7,078 BTC on its balance sheet and continues to advance its operations by launching a new crypto mining facility in Ontario, Canada.
More DetailsCrypto Mining Company EZ Blockchain Creates Immersive Liquid-Cooled Data Center, Simultaneously Unveils Newest Product for Cooling Crypto Mining Containers, SmartBox 1500i.
More DetailsInvestors are upbeat about Litecoin since the beginning of this month. The token has outperformed in the past few days, with the market cap reaching $4.91 billion.
More DetailsCleanSpark, a crypto miner, has purchased 45,000 Bitmain Antminer S19 XPs for $144.9 million, which will nearly double its current computing power. The first batch of 25,000 rigs will be delivered in August, with the remainder arriving in September, and they will be installed at a site in Sandersville, Georgia. CleanSpark aims to have 16 EH/s of computing power by the end of the year.
More DetailsA Shenzhen-based cryptocurrency miner, BIT Mining, announced it will raise $50 million through private placement to expand its mining business to overseas markets abroad.
More DetailsArgo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year.
More DetailsIn a dramatic twist, the Russian Deputy Minister of Energy Evgeny Grabchak is pushing for the regulation of Bitcoin mining given the current realities in the country.
More DetailsCore Scientific is set to emerge from bankruptcy in January 2024, with plans to distribute convertible notes and stock, and relist on NASDAQ, marking a significant turnaround for the Bitcoin miner.
More DetailsHIVE Digital Technologies raised CAD $28.75 million through the sale of 5,750,000 special warrants, supporting Bitcoin mining operations and corporate purposes.
More DetailsThe Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity.
More DetailsEthereum holders, those with at least 100 coins are on the decline.
More DetailsCrypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.
More DetailsNet Savings Link, Inc., a technology services company for the digital asset industry, announced a partnership with Metaverse Network LLC to release HIVE - the first multi-token-enabled blockchain home mining device.
More DetailsMarathon Digital reports a stellar 229% revenue increase in 2023, marking a significant turnaround with record BTC production.
More DetailsThe mass exodus of crypto mining operations out of China based on intensified crackdowns has triggered the urge for sustainable and environmentally friendly mining activities.
More DetailsColorado-based bitcoin mining company Riot Blockchain Inc. announced that it produced 318 BTC in July, a decrease of about 28 % from 443 BTC in July last year.
More DetailsReporting on a study developed by UK based company CoinShares, as much as 66% of global hash rates come from and are controlled by Chinese Entities.
More DetailsMichael Saylor refuted criticism over the newly formed Bitcoin mining council, emphasising that the council is committed to decentralization.
More DetailsHive Blockchain Technologies Ltd said it received a letter from Nasdaq, requesting that the company renew its annual report on Form 40-F due to delays in filing submit plans to meet exchange listing compliance.
More DetailsOn Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons.
More DetailsNasdaq relisted bitcoin mining company Argo. Nasdaq's listing standards demand a minimum closing bid price of $1 for 30 consecutive working days, which the firm did not meet. After Nasdaq notified ARBK about noncompliance in December, shares recovered.
More DetailsAnhui, 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.
More DetailsThis renewed Ethereum momentum is propelling ETH miner balances on the road to recovery.
More DetailsCipher Mining gears up for Bitcoin's 2024 halving with a strategic purchase of 16,700 new miners, eyeing increased market value and mining capacity.
More DetailsCurve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.
More DetailsBlackRock has invested $411.54 million in Bitcoin mining businesses, including Riot Platforms Inc., Marathon Digital Holdings, Cipher Mining, and Terawulf, and proposed a Bitcoin ETF, despite SEC reluctance, highlighting Bitcoin's growing importance in finance.
More DetailsHut 8 Mining and U.S. Bitcoin will consolidate under New Hut, pending court clearance.
More DetailsFollowing Tesla's announcement that it will halt Bitcoin payments, Square disclosed that it had no intentions of buying more Bitcoin.
More DetailsFabric Systems has said that the funds will be used to fund the development of two core launch products including a liquid immersion-cooled ASIC machine.
More DetailsThe average Bitcoin block size has reached record highs after Bitcoin NFT Ordinals protocol launched.
More DetailsLuxor announced the completion of a Series A funding with a total value of $5 million.
More DetailsHut 8 Mining Corp, a leading Bitcoin miner, strongly refutes allegations by JCapital Research in a recent short report, emphasizing their commitment to transparency and urging stakeholders to refer to official SEC and Canadian regulatory filings for accurate information.
More DetailsGovernment authorities in China have allowed construction to go ahead to increase the capacity of current hydroelectric plants in the Ya'an district of Sichuan, a town popularly known in cryptocurrency circles to be teeming with Bitcoin miners.
More DetailsMaria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub following the turmoil that was continually rocking Kazakhstan.
More DetailsUS-based crypto mining company Core Scientific has signed a colocation agreement to secure at least 75 megawatts of energy capacity for its data centres.
More DetailsCore Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million.
More DetailsThe London-listed Bitcoin mining company, Argo Blockchain, has inked a partnership with Core Scientific that will see both companies swap their BTC mining machines over the next few months.
More DetailsHIVE Blockchain, a publicly listed firm based in Canada, has announced a purchase of 4,000 Bitcoin mining machines to increase its hash rate production.
More DetailsIn 2023, Bitcoin mining saw top pools like Foundry and Antpool dominate, navigating 27 difficulty adjustments and 147 empty blocks, showcasing evolving blockchain dynamics.
More DetailsDespite the back-and-forth stance toward crypto in Russia, serval Russian departments have reached a consensus that Bitcoin mining should be legalized in areas rich in electricity.
More DetailsThe loan secured from Generate Capital prompted Bitcoin miner Compute North to file for bankruptcy protection.
More DetailsRussia is looking to impose special energy tariffs on crypto miners paying more, who are being accounted for massive electricity consumption.
More DetailsThe Ripple team has countered the SEC's decentralization argument claiming that Bitcoin is controlled by China as a result of the mining pool concentration. Is this true?
More DetailsThe Central Bank of Russia is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities.
More DetailsIntel plans to cut costs by discontinuing its Blockscale Bitcoin mining chips, with the company stopping orders for the ASICs by Oct. 20 and ending shipping roughly in April 2024. Intel launched the Blockscale mining chips in April 2022 with a hash rate of up to 580 gigahash per second. The move is part of Intel's strategy to prioritize certain chips for outside customers while monitoring market opportunities in the crypto space.
More DetailsThe world's top bitcoin mining machine manufacturer Bitmain Technology Co., Ltd. announced that it would suspend the sale of mining machines worldwide in response to the Chinese government's recent crackdown on domestic mining activites.
More DetailsMicrosoft’s recent patent for a human powered crypto mining system based on sensors that convert physical or mental activity into computer power has generated a lot of interest and captured the imagination of the public, but perhaps some are looking a little too closely.
More DetailsHive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.
More DetailsBitcoin dropped below $42K for the first time since September 2021 as the market remains in the red.
More DetailsHashFlare's customers lease hashing power to mine cryptocurrency. The mining operation "defrauded hundreds of thousands" The founders allegedly laundered "criminal proceeds" through 75 properties, six luxury vehicles, cryptocurrency wallets, and thousands of mining machines. Alexei Potapenko and Turgin founded HashFlare. The company mined less than 1% of what it claimed and bought Bitcoin from third parties. The FBI wants scheme participants' information.
More DetailsCelsius Network has been granted the approval to use its mined Bitcoin to offset some of the deficit incurred in its daily operations.
More DetailsMarathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.
More DetailsOver the last month, it seems to be a good month for Bitcoin miners because they cashed in a whopping $1.68 billion.
More DetailsCore Scientific mentioned that curtailment activities related to power shutdowns limited its Bitcoin production activities during the month of July. The company, however, said it mined more Bitcoins during July than the previous month.
More DetailsSweden is a major Bitcoin mining hub in Europe. The Government is seeking ways to track how much power Bitcoin miners use.
More DetailsBitcoin transaction fees continue to soar after halving.
More DetailsThe United States now ranks as the largest Bitcoin mining hub, ahead of China with 35.4% of the global hash rate as of the end of August.
More DetailsBTC miners have been able to dust themselves off following China's intensified crackdown, given that the hashrate reached historic highs of 182.01 EH/s.
More DetailsMina Stones, a pioneer of Handcrafted African Fine Jewelry, seeks to avert the unethical mining problem in Africa by using Credits blockchain to alter the present gemstones supply chain.
More DetailsA video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.
More DetailsVespene Energy, a methane mitigation company, said that it is developing an infrastructure that will enable methane gas to produce electricity for Bitcoin mining.
More DetailsCore Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock. The partnership aims to boost the Bitcoin Network's efficiency and contribute to the company's self-mining hash rate.
More DetailsBlock has completed the prototype design for its 5nm Bitcoin mining chip, with plans to decentralize the supply of mining rigs through open-source technology. The company has purchased a large batch of ASIC chips from Intel to fast-track development of its proprietary 3nm chip.
More DetailsAn 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.
More DetailsThe safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.
More DetailsBitcoin (BTC) has been experiencing an uptick in activities with perpetual swaps open interest recording a 5-month high.
More DetailsCoin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.
More DetailsOn-Chain metrics provider Santiment noted that BTC long-term address activity surged to levels witnessed in mid-April, which could signal a breakout.
More DetailsA total of 19 million of the total 21 million of the coin’s maximum supply has been mined, leaving barely 2 million before the generation of new Bitcoin ceases for good.
More DetailsThe clean energy encrypted mining and semiconductor exchange-traded fund (ETF), created by registered investment advisor and emerging fund manager Viridi, was officially traded on the New York Stock Exchange on July 20 under the code name RIGZ.
More DetailsAs the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.
More DetailsSphere 3D, a crypto miner, has filed a lawsuit against Gryphon Digital Mining, its partner, after an alleged spoofing attack led to the irregular transfer of Bitcoin. Gryphon CEO allegedly wired BTC to a fraudster posing as Sphere 3D's CFO. Sphere 3D accuses Gryphon of violating their contractual duties and putting the company's assets at significant risk.
More DetailsHive Blockchain said it currently holds 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022, after producing 278.5 BTC and 2,957 ETH in July.
More DetailsThe firms said they terminated the merger plan announced last June because of the current unfavourable market conditions.
More DetailsKyrgyzstan's rapidly growing crypto mining industry, leveraging abundant hydropower resources, is emerging as a key player in the global market, contributing significantly to national revenue and promoting sustainable practices.
More DetailsBitcoin mining company Iris Energy has agreed on a deal to sell up to $100 million in shares to investment bank B. Riley, as the company contemplates mergers and acquisitions following a recent capital increase
More DetailsSparkpool, an Hangzhou-based Ethereum mining pool in China, has suspected of providing its services to its customers in China and further plans to halt the services abroad.
More DetailsFidelity Investment Inc now has a 7.4% stake in Marathon Digital Holdings, a major crypto mining firm in North America.
More DetailsBitcoin miner Rhodium Enterprises is planning to list on Nasdaq under the ticker “RHDM” through a reverse merger with business consulting firm SilverSun Technologies Inc., Bloomberg reported on Sept 30.
More DetailsIn Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.
More DetailsHut 8 has bought new Bitcoin mining machines. The miner considers the purchase as part of efforts to alleviate a bottleneck in its production facilities.
More DetailsCore Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results.
More DetailsAmerican Nasdaq-listed cryptocurrency mining company CleanSpark has announced the purchase of new 10,000 Antminer S19j Pro units for $28 million.
More DetailsU.K.-based publicly traded cryptocurrency miner Argo Blockchain said on Wednesday it plans to update its year-end computing power from 5.5 EH/s to 3.2 EH/s by the end of 2022, a drop of 41.8%.
More DetailsBitcoin's mining difficulty has increased by 3.44%. The increase means that more competition is rising.
More DetailsThe deal demonstrates yet another step forward in Mawson's goal to become the world's biggest carbon neutral Bitcoin miner.
More DetailsCanaan announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan.
More DetailsStatistics by on-chain metrics provider Santiment show that Bitcoin’s ratio of supply on crypto exchanges hit a six-month low.
More DetailsCryptocurrency being a digital currency, created and managed through the use of advanced encryption techniques known as cryptography has been gradually modifying the world of finance as well as other sectors such as e-commerce and since its creation in 2009.
More DetailsRiot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.
More DetailsThe New York Times’ recent report on Bitcoin mining has been criticized by some BTC proponents for cherry-picking data and overstating the fossil fuel use of BTC miners. They also point out the increasing use of sustainable energy in the sector. Despite the debate on energy consumption, Bitcoin mining remains significant for blockchain security and decentralization.
More DetailsGreenidge lowered its NYDIG debt by 76% by relinquishing partial ownership of Bitcoin mining gear and credits.
More DetailsHelium mining involves using hotspots to provide wireless connectivity for IoT devices, earning HNT tokens. It's part of the decentralized Helium Network, with various hotspot types and considerations for optimization.
More DetailsMining difficulty has reached a new all-time record, indicating that more miners are participating in the network.
More DetailsDespite the current crypto bear market, CleanSpark is trying to become one of the experienced miners to capture the bulk of the market share.
More DetailsBased on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions.
More DetailsSince launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.
More DetailsOn-chain analyst Will Clemente believes Bitcoin might witness a significant price appreciation in coming months based on the long-term holder supply shock.
More DetailsSunday’s episode of the Showtime series Billions featured a cryptocurrency mining scheme being executed in a prep school.
More DetailsParaguay is advancing its crypto bill. Though it appears taking clues from its counterpart, El Salvador.
More DetailsCore Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value.
More DetailsBlock Inc, formerly known as Square, will begin mining Bitcoin with its mining system based on custom silicon and open source for individuals and businesses worldwide.
More DetailsMatrixport is a Singapore-based cryptocurrency startup which was launched by former Bitmain CEO Jihan Wu. Established in July 2019 with the goal to offer over-the-counter trading, lending and custody services for crypto, Matrixport boasts a systematic security model, global distributed infrastructure and business-focused security innovation capability to assure the security and reliability of users' assets.
More DetailsBitfarms expressed its happiness with the progress that it continues to make. The firm achieved record levels of hash rate, revenue, and Bitcoin mined in the first quarter.
More DetailsOn May 22, 2020, the 10th anniversary of Bitcoin Pizza Day will be marked. It is because ten years ago, on this day Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy,’ traded his 10,000 BTC for two Papa John’s Pizzas with eighteen-year-old Jeremy Sturdivant, aka jercos.
More DetailsCrypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.
More DetailsEthereum miners have cashed in the most in the crypto space so far this year, even surpassing Bitcoin miners.
More DetailsBankProv said in an SEC filing that it would no longer lend against crypto mining machines.
More DetailsOnly 9% of Bitcoin is left to be mined for the next century, according to a data platform from the Clark Moddy Bitcoin's dashboard.
More DetailsDigital asset lending firm Genesis Capital has raised $125 million in equity financing to expand its Bitcoin mining business, mainly in North America and Northern Europe.
More DetailsCompass Mining has emerged as an innovative leader in the cryptocurrency mining service industry, enabling individuals and institutions to participate in Bitcoin mining without the complexity of managing hardware.
More DetailsUS prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.
More DetailsCynthia Wu is the Head of Business Development and Sales at Matrixport where she is also focused on building business for Cactus Custody and managing Matrixport’s key investor relations. In this first part of our exclusive interview, Wu shares her insights with Blockchain.News on the state of the Bitcoin mining, the surge in Bitcoin’s Hashrate and the potential impact that the coming Bitcoin halving will have on Bitcoin miners.
More DetailsEthereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.
More DetailsBitcoin miners are capitalizing on Argentina’s subsidized electricity. The incentive appears to give international miners a viable alternative. Therefore it attracts them to set up their mining facilities domestically.
More DetailsAmerican Bitcoin mining firm Marathon Digital disclosed that it has ordered a total of 78,000 Antminer S19 XP from Bitmain Technologies in a bid to advance its position as a leading miner in the space.
More DetailsBill Gates, Microsoft Founder and billionaire philanthropist, has responded to conspiracy theories that his charity foundation is planning to use the coronavirus vaccine to implant microchips into the global population. The conspiracy itself appears to have started with a patent for a very innovative cryptocurrency mining system filed by Microsoft earlier this year.
More DetailsCrypto miner EZ Blockchain will be promoting its low-emission custody all-inclusive hosting service at the Mining Disrupt conference in Miami, July 26-28.
More DetailsA new bill could force crypto firms to halt their Bitcoin mining activities in New York state.
More DetailsBitcoin miners have emerged as notable holders and buyers in the crypto space, which signifies a behavioral change.
More DetailsAhead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors.
More DetailsIntel is keen on introducing the most efficient blockchain mining chips that enable more energy efficiency and a lightning-fast mining experience.
More DetailsGalaxy Digital Holdings CEO Mike Novogratz dubbed the Helios mining transaction "transformative." Dec. 28 saw the crypto investment firm's $65 million purchase of Argo's main mining plant. Galaxy operates trading, asset management, crypto mining, venture investments, and investment banking.
More DetailsRegulatory scrutiny increases as crypto mining activities are rising and consuming huge amounts of energy.
More DetailsCrypto miner Digihost is under scrutiny and has been threatened with getting delisted by Nasdaq for trading below $1 for 30 consecutive days.
More DetailsU.S. bitcoin mining company Applied Blockchain, Inc has announced that it has entered into a credit agreement with a North Dakota-based bank for a $15 million loan that will expand its crypto mining operations to take advantage of opportunities emerging in the current bear market
More DetailsThe multinational semiconductor company Bitmain Technology Holding announced that from October 11, 2021, Bitmain's Antminer will stop shipping to mainland China in order to comply with a series of local bans on strict crackdowns on cryptocurrencies.
More DetailsFollowing the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.
More DetailsThe scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus.
More DetailsEthereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, given that its balance dropped to a two-year low.
More DetailsThe World Economic Forum (WEF) featured a video showcasing Crusoe Energy Systems, a cryptocurrency mining firm that uses waste energy sources to power their modular data centers. Although the video never directly mentions cryptocurrency mining, several crypto industry figures praised Crusoe's efforts in reducing flaring and utilizing stranded energy sources to generate ultra-low-cost computing infrastructure.
More DetailsAult Alliance's subsidiary, Sentinum, mined 909 Bitcoins from Jan to Jul 2023, with 668 in Michigan and 241 via a partnership with Core Scientific.
More DetailsMarathon Digital secured another loan deal of $ 100 million to sustain its operations amid the crypto market rout.
More DetailsMontana’s House of Representatives passed Bill number 178, which seeks to enshrine the rights of crypto miners and prohibit local authorities from obstructing crypto mining operations. The bill now awaits Governor Greg Gianforte’s signature to become law. The legislation establishes a “digital asset mining right,” forbids discriminatory electricity rates charged to crypto miners, and removes the authority of local governments to use zoning laws to impede crypto mining activities.
More DetailsPoolin assured its customers that funds are safe and promised to fix the issue amid a bearish market.
More DetailsEnergy producer giant ExxonMobil has launched a pilot program that will convert this excess natural gas into energy that powers mobile generators that can mine Bitcoin.
More DetailsThe crypto miners made the move after ERCOT suggested the need to reduce power consumption.
More DetailsCleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, depreciation (Ebitda) of $22.5 million.
More DetailsCompetition among Litecoin miners has reached a new record high as the network’s mining difficulty on Friday hit a new all-time high.
More DetailsThe November valuation analysis of Bitcoin mining stocks reveals significant disparities, with Bitdeer undervalued and Marathon overvalued, while Sphere 3D offers a bargain despite limited growth prospects.
More DetailsThe Tokyo High Court has dismissed the acquittal of a 32-year-old Japanese man who had been let off the hook by the Yokohama District Court in March 2019 after being accused of unlawfully inserting a cryptocurrency mining program dubbed Coinhive.
More DetailsThe Central Bank of Iran (CBI) is taking its favour for digital innovation to a new level with the possibility of introducing its Central Bank Digital Currency (CBDC) within a short time.
More DetailsFoundry, an American-based crypto mining pool has climbed up the rankings and is now the second-largest Bitcoin mining pool after AntPool.
More DetailsRiot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.
More DetailsEx-CIA agent Kevin Shipp has dragged Microsoft's crypto-mining patent right back into the center of another right-wing conspiracy.
More DetailsInvestment firm VanEck has launched a mining ETF (DAM), which will officially go public on Wednesday.
More DetailsRiot Platforms invests $97.4 million in state-of-the-art mining hardware from MicroBT to scale up efficiency and capacity at its Rockdale mining facility.
More DetailsLooking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you!
More DetailsBTC mining is becoming more geographically distributed after China's clampdown on Bitcoin mining recently.
More DetailsThe ban on cryptocurrency mining by the Chinese government has not shelved mining activities in the country.
More DetailsAfter Bitcoin fell below the previous support level of $60,103 yesterday, it plummeted from $60K to around $51K, incurring a loss of around $9,000 in just four hours and creating the largest reversal record since February.
More DetailsThe hashrate of various Bitcoin (BTC) mining pools dropped based on the blackout experienced in Northwest China, as acknowledged by pseudonymous Chinese journalist Wu Blockchain.
More DetailsNew reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies
More DetailsElon Musk urges that layer-2 payments Lightning Network is essential to offer the required bandwidth for Bitcoin transactions to solve its scalability problem.
More DetailsIran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.
More DetailsWords like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.
More DetailsThe production growth is attributed to Riot Blockchain’s continued investment resources in its plants and advanced mining chips.
More DetailsThe new production facility marks Bitfarms’ 10th mining facility and Argentina as the fourth country where the firm conducts its mining activities, besides the U.S., Canada, and Paraguay.
More DetailsRiot Platforms acquires 66,560 Bitcoin mining rigs from MicroBT, worth $290.5 million, strengthening its position in the cryptocurrency industry, potentially impacting Bitcoin mining dynamics post-halving.
More DetailsGreenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.
More DetailsCelsius Network's mining division is selling $1.3 million in mining equipment. In July 2022, the firm went insolvent, locking up $4.7 billion in consumer deposits. Core Scientific closed over 37,000 Celsius-owned mining equipment in January.
More DetailsBitcoin miner Marathon has announced the completion of a deal with Applied Blockchain to secure at least 200 megawatts of energy capacity.
More DetailsEric Holthaus has criticized Bitcoin miners, describing them as violent people.
More DetailsRecent China floods did not affect the Bitcoin network hash rate. However, some miners were not spared as they were wiped out.
More DetailsIn a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said the move to legalize cryptocurrencies as a means of payment in the country is bound to happen “sooner or later.”
More DetailsLayer1 Technologies CEO John Harney sued two board members for profiting from mining activities.
More DetailsBitcoin (BTC) experienced a sharp correction that drove the price to lows of $30k . Some analysts believe that Bitcoin miners have been on the receiving end because the recent market crash slashed their profit margins.
More DetailsCompute North, which filed for bankruptcy protection last month, owes as much as $500 million to at least 200 creditors. Now the crypto miner got over $80 million in funding from Marathon Digital Holdings Inc.
More DetailsCompass Mining said that the Bitcoin mining company is cutting salaries, spending and 15% of its team.
More DetailsAustralian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised.
More DetailsEthereum's open interest has been rising in tandem with the price based on their strong correlation.
More DetailsAmerican Nasdaq-listed cryptocurrency mining firm Core Scientific sold as much as 7,202 Bitcoin units in June, worth approximately $167 million at an average price of $23,000.
More DetailsIris Energy will triple its crypto mining capacity with 44,000 ASIC machines.
More DetailsThe Montana Senate approved a law to protect cryptocurrency miners from discrimination.
More DetailsRussia is reportedly mulling the plans to allow cryptocurrencies for cross-border payments as on one of the survival measures explorable as the country continues to battle sanctions from the West for its invasion of Ukraine
More DetailsCore Scientific plans to use the financing to boost its liquidity. Many mining companies face an uphill struggle in the crypto bear market.
More DetailsThe acquisition has brought companies with complementary capabilities, assets, and customer relationships to make Crusoe a big Bitcoin mining firm in the US.
More DetailsVirginia Senate Bill No. 339, introduced by Senator Salim, aims to regulate digital asset mining and transactions, exempting businesses from certain licenses and providing tax benefits for digital asset exchanges.
More DetailsAustralia’s Bitcoin mining firm has filed to go public through a direct listing on the US Nasdaq stock exchange.
More DetailsA former employee of an Australian federal agency avoided prison despite mining cryptocurrency on government supercomputers.
More DetailsGold Guaranteed Coin Mining has launched the Gold Guaranteed Coin (GGCM), which uses blockchain technology to digitally store physical gold.
More DetailsBy now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.
More DetailsThe planned acquisition would be another major step forward for Bit Origin Limited to accelerate its efforts into the crypto mining business.
More DetailsIndonesian police have closed 10 illegal Bitcoin mining operations, detained 26 individuals, and confiscated over 1,300 mining rigs, stealing nearly $1 million worth of electricity.
More DetailsThe SEC said it found that Nvidia misled investors in 2017 and 2018 on how cryptocurrency contributed to the profits in its gaming business.
More DetailsKyrgyzstan has moved to stem the rise of illegal crypto mining activities in the country by disrupting the activities of a network of unauthorized operators.
More DetailsMalaysian police have shut down two illegal Bitcoin mining operations which had been siphoning power continuously for the past three years.
More DetailsAccept the oddities: Bitcoin's blockchain has more empty blocks than intended.
More DetailsMawson Infrastructure Group, a leading digital infrastructure and Bitcoin mining company, reported a 23% month-on-month increase in its "Total Revenue Equivalent in BTC" to 163. The company's operational capacity was 96 Megawatts, supporting 27,636 Bitcoin miners. Mawson is exploring expansion opportunities in PJM energy markets and securing strategic sites for long-term digital infrastructure.
More DetailsThe obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.
More DetailsOverblown bitcoin energy consumption is leaving an adverse impact on environmental sustainability and different opinions exist of bitcoin miner experts regarding this major concern.
More DetailsGuangdong regulators have revamped a new mechanism for investigations and confiscations of crypto mining activities.
More DetailsHive Blockchain stated that it currently holds 3,239 bitcoin (BTC) and 7,667 Ethereum (ETH), after producing 278.5 BTC and 2,542 ETH in June.
More DetailsMobile city in the US has established a partnership with Distributed Ledger, Inc. (DLI) to develop sustainable Bitcoin mining projects.
More DetailsEthereum Classic’s hash rate has risen from 30 TH/s to 64 TH/s in the last 30 days. The surge indicates an increased mining activity on the Ethereum Classic network.
More DetailsNew York Senators are seeking a new law that clamps down on coal-powered mining while giving exceptions to green energy-powered Bitcoin mining.
More DetailsCore Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million, will be overseen by US Bitcoin Corp. The transaction is not impacting Core Scientific's mining fleet.
More DetailsThe Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan has taken a more aggressive approach to curb PoW mining in the country.
More DetailsCleanSpark made the acquisitions to expand its operating presence while maintaining cost-effective production rates.
More DetailsCompass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megawatts (MW) of energy capacity for its TIER 0™ data center in Granbury, Texas.
More DetailsUS authorities have identified a significant number of Chinese-linked Bitcoin mining operations across the United States, sparking national security concerns. Published by The New York Times on October 13, the report highlights the close proximity of some of these operations to critical military and infrastructure sites. Amidst escalating US-China political tensions, the surge in Chinese Bitcoin mining operations in the US, coupled with their substantial energy consumption, poses critical questions regarding cybersecurity, energy sustainability, and geopolitical dynamics.
More DetailsAccording to a Medium post released on Oct. 25, seven major mining and metals companies have decided to partner with World Economic Forum (WEF) to experiment, design, deploy blockchain solutions and sustainably maximize blockchain sourcing of raw materials.
More DetailsAccording to a report, Ukrzaliznytsia has uncovered a hidden cryptocurrency mining farm in the Lviv railway subdivision, which has been making use of the country’s electricity without paying for it. This secret mining company was discovered by Ukrzaliznytsia's security department, in conjunction with law enforcement officials.
More DetailsDespite being banned in China, cryptocurrency is gaining attraction in the country as the value of some of the world’s most prevailing digital currencies and Non-fungible tokens (NFTs) has increased.
More DetailsAave announced the launch of the V2 liquidity mining (LM) program, which will operate for three months for analysis and end on July 15.
More DetailsCompass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.
More DetailsBitcoin Mining Difficulty hit a 7-year high recently.
More DetailsHut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.
More DetailsMalaysian police recently arrested five cryptocurrency mining operators that were caught stealing electricity from a state-owned power company, Sarawak Energy Berhad (SEB).
More DetailsThe ripple effect of the recent crypto market crash continued to be felt as trading volumes at major exchanges nosedived by more than 40% in June.
More DetailsThe DOE's emergency Bitcoin mining survey is withdrawn following legal challenges from Riot Platforms and the Texas Blockchain Council.
More DetailsCleanSpark continues to pursue growth in a sector ripe for mergers and acquisitions amid a bear market.
More DetailsArk Investment Management company has commented on Elon Musk’s concerns over Bitcoin mining's impact on the environment.
More DetailsIn a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.
More DetailsCrypto mining company EZ Blockchain plans to expand its mining rigs to 16 megawatts using Georgia's underutilized power resources.
More DetailsKyrgyz authorities have hiked the electricity tariff for crypto miners. The increment comes after the cryptocurrency mining sector is seen as one of the major consumers of power in the country.
More DetailsFormer Member of the British Parliament Nick Boles appears to disfavour Bitcoin, saying that the central banks should monitor the cryptocurrency’s trades.
More DetailsNayib Bukele, the president of El Salvador, has announced the first steps that the country has taken to enable volcanoes to mine Bitcoin.
More DetailsOne of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.
More DetailsRussia offers tax benefits for crypto mining investors during tough times.
More DetailsGreenidge Generation Holdings Inc. plans to offset all carbon emissions from its Bitcoin mining facility, starting June 1st, 2021.
More DetailsBitcoin’s hashrate seems to be on an upward trajectory after nosediving by 50% amid an intensified crackdown on crypto mining by Chinese authorities.
More DetailsNevada-based bitcoin mining company CleanSpark, Inc announced that it has acquired 1,061 Whatsminer M30S rigs at a steep discount, expanding its infrastructures to mine more Bitcoins.
More DetailsPower plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
More DetailsNew 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.
More DetailsThe government of Kazakhstan is making plans to attract $738 million in investments related to cryptocurrencies and digital mining activities set up with the nation over the next three years.
More DetailsChip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.
More DetailsVirginia Senate Bill No. 339, introduced by Senator Salim, aims to regulate digital asset mining and transactions, exempting businesses from certain licenses and providing tax benefits for digital asset exchanges.
More DetailsJapanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.
More DetailsCleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.
More DetailsThe largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.
More DetailsMarathon Digital Holdings, Inc, one of the largest bitcoin mining companies in North America, announced that its bitcoin production output increased by 556% year-over-year to 1,259 BTC for the first quarter of 2022.
More DetailsBitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses.
More DetailsRiot has made a groundbreaking move by entering into a long-term purchase agreement with MicroBT. This landmark deal involves the acquisition of 33,280 state-of-the-art Bitcoin miners manufactured in the United States by MicroBT.
More DetailsBitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.
More DetailsThe 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.
More DetailsBitfarms' increase in energy capacity reached 166 megawatts following the firm's completion of the second phase of construction at a location in Canada.
More DetailsHypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).
More DetailsThe Bitcoin mining difficulty has increased for the third time in a row, reducing miners profitability.
More DetailsdGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.
More DetailsA former member of the Chinese Communist Party’s (CCP) advisory body has been expelled from the party in what appears to be the first full-blown sanction of an official who has touched Beijing’s nerve against cryptocurrency mining.
More DetailsAs the plans to clamp down on Bitcoin mining dawns in China, many miners in the mainland are listing their hardware for sale.
More DetailsKazakhstan recently welcomed the Bitcoin miners from China. But now lack of adequate electricity supply is causing some mining farms to relocate elsewhere.
More DetailsBitcoin mining giant Bitmain, continues to grow despite the public feud of its co-founders Jihan Wu and MicreeKetuan Zhan dominating the news over the last year.
More DetailsBitcoin’s mining hash rate hit a record 544 EH/s on Dec. 25, but miners face challenges with profitability slumping despite a 150% price surge in 2023.
More DetailsLos Alamos National Laboratory has created an artificial intelligence (AI) system capable of identifying malicious codes that mine cryptos such as Bitcoin.
More DetailsBitcoin mining firms produced more BTC and hashrate in January than December.
More DetailsIn Part 3 of the interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared with us the state of cryptocurrency mining malware and he believed we should watch out for Powerghost in 2020! Yeo also explained the cybersecurity solutions of Kaspersky on quantum computing.
More DetailsMarathon Digital Holdings, a Nasdaq-listed Bitcoin mining company has announced its plans to raise half a billion dollars as a debt offering via convertible senior notes.
More DetailsSphere 3D has filed a lawsuit against Gryphon Digital Mining over an alleged spoofing attack that resulted in the irregular transfer of Bitcoin. Gryphon's CEO allegedly wired 18 BTC in January to a fraudster posing as Sphere 3D's chief financial officer through a spoofing attack.
More DetailsGreenidge Bitcoin mining firm has been denied air permit by the regulator in a move that could lead to the retrenching of hundreds of workers in the crypto mining sector.
More DetailsThe shares of Nasdaq-listed American blockchain mining firm Marathon Digital have printed its highest price record in 6 months as the firm unveiled its Bitcoin mining performance of October.
More DetailsEl Salvador is considering building a Bitcoin mining hub around its volcanoes.
More DetailsPrimeBlock is the latest Bitcoin mining company to announce plans to list its shares on a US public stock market through a merger with 10X Capital Venture Acquisition Corp II.
More DetailsBitcoin fell below the $61K level for the first time today due to the decline in hash power of Chinese mining pools and the ban on cryptocurrency for the purchase of goods and services proposed by the Turkish government.
More DetailsThe cryptocurrency market capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion.
More DetailsCelsius Network, following bankruptcy court approval, is transitioning to a Bitcoin mining-focused entity to address regulatory challenges from the SEC.
More DetailsDue to dropping income and BTC prices, Core Scientific filed for Chapter 11 bankruptcy in Texas. In July 2021, the company was valued at $4.3 billion. Due to a lengthy bear market, Core Scientific sold 9,618 BTC in April to continue functioning. Microsoft has banned cloud customers from mining cryptocurrency to improve service reliability.
More DetailsJihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.
More DetailsWe have exclusively spoken with Lanre Jonathan Ige, Researcher of Amun AG on the limitations of traditional valuation approach and some unique metrics for Bitcoin valuation.
More DetailsIn December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve.
More DetailsCoinbase's Blockchain Security Team has identified a 51% control over the Zcash network's computational power by a single mining pool, ViaBTC. This raises concerns about security vulnerabilities, such as double-spend attacks and censoring transactions. To address this, Coinbase increased the Zcash confirmation requirement to 110 blocks, transitioned its trading markets to a limit-only state, and engaged with stakeholders.
More DetailsTether's dev team is nearing completion of JavaScript libraries for mining, utilizing Holepunch.to technology. CTO Paolo Ardoino announced the development on Aug 5, 2023.
More DetailsHIVE Blockchain Technologies Ltd. has declared its plan to strategically rebrand, including a transition to the new name "HIVE Digital Technologies Ltd." This rebranding initiative is designed to mirror the company's progression into the realm of high-performance computing (HPC) data centres, utilizing Nvidia's superior Graphics Processing Unit (GPU) chips to tap into the burgeoning trend of widespread adoption in the field of Artificial Intelligence (AI).
More DetailsThe London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week.
More DetailsIvars Auzins, a Latvian citizen, accused of committing securities and wire fraud using eight companies that alleged to mine or invest in crypto assets, was extradited to the United States to face a six-count indictment charge.
More DetailsBitcoin’s network mining difficulty has risen by 8.9 percent today, and is now only 4.4 percent below its all-time high.
More DetailsBitmain, one of the largest mining equipment makers globally, has reported revenues of $300 million thus far in 2020. While its business has faced turmoil in recent times, the core strategy continues to reap benefits.
More DetailsRipple CEO Brad Garlinghouse explained why the majority of Bitcoin (BTC) was controlled by China, as he discussed the country's role in the blockchain sector.
More DetailsRiot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.
More DetailsCanaan, a Chinese Bitcoin miner and manufacturer of ASIC mining machines, reported an 82.1% YoY revenue decline to $56.8M in Q4 2022. The company's net income swung to a $63.6M loss due to inventory write-downs and research expenses. Despite the decline in revenue, Canaan's mining revenue improved by 368.2% YoY to $10.46M.
More DetailsThe exodus of crypto mining operations out of China massively has become a blessing in disguise to the United States, given that it now takes the lion’s share.
More DetailsAmerican Bitcoin mining firm Genesis Digital Assets is purchasing additional 20,000 units of bitcoin ASIC miners from China’s Bitcoin mining hardware manufacturer Canaan Creative. The purchase will help Genesis to scale up its mining operations.
More DetailsThe latest financing adds on top of the previous series A funding round that Blockmetrix raised in June last year.
More DetailsSimple Miner Cloud Mining is a platform that allows users to mine cryptocurrencies without having to purchase or manage their own mining equipment.
More DetailsWith the energy crisis in the EU, member countries may be mandated to halt crypto-mining activities
More DetailsMichael Egorov of Curve Finance proposes launching Venus Protocol on Ethereum Mainnet, incorporating Curve's stablecoin crvUSD and CRV as collaterals, with community support for growth.
More DetailsBritish Columbia's Supreme Court upheld a temporary suspension of electricity supply to new cryptocurrency mining operations, emphasizing the government's role in balancing energy demands with sustainability goals.
More DetailsThe CEO and CFO of Compass Mining firm have left their job positions at a time when the firm is experiencing challenges to maintain its operations. The miner has appointed interim officials to take over.
More DetailsHive Blockchain Technologies Ltd signed a Graphics Processing Unit (GPU) procurement contract worth $66 million with a top-notch GPU inventor Nvidia Thursday. The announcement has come officially to join the Nvidia Partner Network (NPN) cloud service provider plan.
More DetailsIBC Group announced to terminate their crypto mining operation and facilities across China in response to the recent clampdown from the Chinese authorities.
More DetailsNorway's Kjell Inge Røkkes Aker has launched a crypto company Seetee and invested $60 million into Bitcoin.
More DetailsThe Iran Chamber of Commerce, Industries, Mines and Agriculture recently published a statement that the Iranian Economic Commission has approved a mechanism for digital coin mining.
More DetailsBitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.
More DetailsLong-term Bitcoin holders' accumulation continues to break the record.
More DetailsNorth American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its July 2022 operational update.
More DetailsCompass Mining, an American Bitcoin mining company, has published a guideline that will help retail individual miners to set up their mining rigs at home.
More DetailsCompare Bitcoin faucets vs crypto mining simulator games in search of the best way to get free bitcoins and the most fun!
More DetailsBlockchain and crypto company DMG Blockchain Solutions announced record revenue of $14.2 million in the first quarter of 2022, up 639% year-over-year.
More DetailsSam Bankman-Fried, the CEO and founder of crypto exchange FTX, revealed that he was looking at the option of making acquisitions in the limping crypto mining sector
More DetailsThe Bitcoin network has grown in difficulty yet again as it recorded a new All-Time High (ATH) of 29.794T.
More DetailsAn interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.
More DetailsA solo Bitcoin miner successfully mined the 780,112th block in the Bitcoin blockchain, earning a block reward of 6.25 BTC worth over $150,000. The miner was able to produce a valid hash after just two days of mining, a rare occurrence that typically takes solo miners months to achieve. The miner may have rented hashing power to produce the output hash, and they used the Solo CK Pool mining service to create a solo mining pool.
More DetailsAspen Creek said it was formed with a simple premise to develop a sustainable source of renewable energy to power its operations and put renewables back on the grid.
More DetailsNASDAQ-listed blockchain mining company Riot Blockchain announced the production capacity of BTC in September has increased by about 346% year-on-year to 406 BTC.
More DetailsCompass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.
More DetailsAmsterdam-based Bitcoin mining company, Bitfury, has announced the launch of a new data centre in Sarnia, Ontario.
More DetailsThe Mississippi state senate approved a law to shield the bitcoin mining business from unfair "regulatory hurdles."
More DetailsThe cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 currently, according to JPMorgan Chase & Co.
More DetailsEthereum Foundation is transforming their website and adding new designs to ethereum.org to deliver a more user-friendly and educational experience for the Ethereum community.
More DetailsWhile Chinese authorities were intensifying the Bitcoin (BTC) mining crackdown, some crypto experts believe this might be a blessing in disguise to this sector.
More DetailsAs Bitcoin (BTC) surpassed the $55K level for the first time since May, publicly-traded miners have been cashing in as they have been in an accumulation stage.
More DetailsThe 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.
More DetailsTrade Strategy: Similar to yesterday. I've closed my long volatility trades, and will start to sell some volatility here and whenever it spikes. While implied volatility has sharply declined from 100% to 80% since Sunday, the longer-term average before the 12 March crash is around 55-60% so there's still juice to be short vol.
More DetailsThe percentage of miner revenue from fees on the ETH network reached a monthly low of 36.145%.
More DetailsSquare Inc has more ambitions with Bitcoin cryptocurrency. Jack Dorsey, Square CEO, has revealed that the payment firm is intending to build a Bitcoin mining system.
More DetailsMining Capital Coin CEO Luiz Capuci Jr is indicted Friday for orchestrating a scam that defrauded investors around the world of about $62 million, according to the U.S. Department of Justice
More DetailsNorth America's biggest Bitcoin mining business is overclocking its machines. Overclocking increases a computer's CPU clock speed above its manufacturer's limit. Marathon Digital mined 4,144 BTC in 2022, including 475 in December.
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