A Look at When Bitcoin’s Price Crashed Below the Cost of Production – Mining Bitcoin News
Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s...
Mining
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says – Mining Bitcoin News
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of...
Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining – Mining Bitcoin News
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes,...
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners – Mining Bitcoin News
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Mining Bitcoin News
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their...
Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’ – Mining Bitcoin News
In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the...
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens – Mining Bitcoin News
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a...
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power – Mining Bitcoin News
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly...
Kazakhstan Shuts Down Crypto Mining Farms Till February – Mining Bitcoin News
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged...
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position – Mining Bitcoin News
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued...
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines – Mining Bitcoin News
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner...
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms – Mining Bitcoin News
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The...
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward – Mining Bitcoin News
Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64...
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining – Mining Bitcoin News
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins – Mining Bitcoin News
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years...
Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs – Mining Bitcoin News
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower...
Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’ – Mining Bitcoin News
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin...
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH – Mining Bitcoin News
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching...
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town – Mining Bitcoin News
A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities...
1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High – Mining Bitcoin News
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices...
Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country – Mining Bitcoin News
The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim....
Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos – Mining Bitcoin News
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have...
