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...
Mining
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...
Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests – Mining Bitcoin News
Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of...
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis – Mining Bitcoin News
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal...
Power Outages in Russia’s Irkutsk Region Blamed on Home Miners – Mining Bitcoin News
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages...
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners – Mining Bitcoin News
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the...
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity – Mining Bitcoin News
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners....
Power Deficit Forces Crypto Miners to Leave Kazakhstan – Mining Bitcoin News
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including...
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts – Mining Bitcoin News
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the...
Marathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023 – Mining Bitcoin News
Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with...
Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining Pool – Mining Bitcoin News
The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently...
Demand for Mining Hardware Spikes in Russia, Prices Rise – Mining Bitcoin News
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices,...
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms – Mining Bitcoin News
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation...
Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race – Mining Bitcoin News
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December...
Bitcoin Mining Company Cleanspark to Kick-Start 20 MW Immersion Cooling Initiative – Mining Bitcoin News
Cleanspark, a sustainability-focused bitcoin mining company, has announced it will kick-start a 20 MW initiative in its Norcross bitcoin mining...
