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Mining

Bitcoin Mining Transforming Global Energy Crisis, Says Arcane Research
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Bitcoin Mining Transforming Global Energy Crisis, Says Arcane Research

Arcane Research suggests crypto mining would help to resolve the energy crisis triggered by fossil fuels.

Bitcoin Miner Argo Updates Computing Power to 3.2 EH/s at the end of 2022
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Bitcoin Miner Argo Updates Computing Power to 3.2 EH/s at the end of 2022

U.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%.

Bitcoin Mining is a 'Net Plus' for the Environment: US Senator Ted Cruz
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Bitcoin Mining is a 'Net Plus' for the Environment: US Senator Ted Cruz

United 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.

Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
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Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia

Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.

Celsius Received Approval to Continue Bitcoin Mining
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Celsius Received Approval to Continue Bitcoin Mining

Celsius Network has been granted the approval to use its mined Bitcoin to offset some of the deficit incurred in its daily operations.

Applied Blockchain Refinances $15M Credit Facility from a North Dakota-based Bank
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Applied Blockchain Refinances $15M Credit Facility from a North Dakota-based Bank

U.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

Vespene Energy Raises $4.3M Funding to Convert Landfill Methane into Bitcoin
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Vespene Energy Raises $4.3M Funding to Convert Landfill Methane into Bitcoin

Vespene Energy, a methane mitigation company, said that it is developing an infrastructure that will enable methane gas to produce electricity for Bitcoin mining.

Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders
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Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders

North American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its July 2022 operational update.

Hive Blockchain Generated 465.1 BTC, 2957 ETH in July
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Hive Blockchain Generated 465.1 BTC, 2957 ETH in July

Hive 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.

Riot Blockchain Mines 318 BTCs, Decreased 28% Compared Last July
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Riot Blockchain Mines 318 BTCs, Decreased 28% Compared Last July

Colorado-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.