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Crypto Mining

Senator Lummis questions government’s role in regulating energy use in crypto mining

In a March 7 Senate hearing committee on cryptocurrency and the environment, Senator Cynthia Lummis (R – Wyoming) emphasized that energy efficiency standards...
Crypto Mining

Despite 82% drop in quarterly revenue, Bitcoin mining hardware manufacturer Canaan remains optimistic

Ad Canaan, a Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines for Bitcoin, reported an 82% drop in revenue in Q4 2022,...
Crypto Mining

Jack Dorsey’s payments company Block seeks input on mining kit

Ad Jack Dorsey’s Block, Inc. has announced that it is seeking input on an ongoing Bitcoin mining project, as seen in a blog...
Crypto Mining

Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design – Mining Bitcoin News

Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig,...
Crypto Mining

Better Mining Efficiency of ZIL with ASICs and Old Low-VRAM GPUs on Ezil.me

7 Mar 2023 The Ezil.me mining pool has introduced a new beta feature targeted at miners using ASIC miners such as iPollo or older GPUs...
Crypto Mining

Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations – Mining Bitcoin News

Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the...
Crypto Mining

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin News

In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the...
Crypto Mining

Bitcoin’s net emissions are down for 3rd month in a row

Ad The environmental impact of Bitcoin mining has been a hot topic in the past year, especially in the U.S. Following the coveted...
Crypto Mining

US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme – Bitcoin News

A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his...
Crypto Mining

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty – Mining Bitcoin News

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the...
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