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Crypto Mining

Bitcoin mining energy consumption estimated to rise 10x if price hits $2M – Arcane Research

Bitcoin (BTC) mining’s energy consumption will rise 10x and hit 894 Terawatt-hours (TWh) annually if the flagship crypto’s price reaches $2 million by...
Crypto Mining

World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown – Mining Bitcoin News

The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the...
Crypto Mining

Largest Ethereum miner, Ethermine, stops processing sanctioned transactions

The hope of a decentralized, open, free internet is in jeopardy right now. This is not hyperbole, FUD, or clickbait. Ethermine, the largest...
Crypto Mining

Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors – Mining Bitcoin News

Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that...
Crypto Mining

3 trends that will shape the future of Bitcoin mining

Trends can tell a lot about where an industry has come from and where it’s going. When Bitcoin first launched in 2009, individuals...
Crypto Mining

Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’ – Mining Bitcoin News

The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific...
Crypto Mining

Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity – Mining Bitcoin News

On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of...
Crypto Mining

Texas miner earned $9.5M in power credits while mining 318 BTC

Riot Blockchain, one of Texas’s largest Bitcoin mining operations, earned around $9.5 million in power credits last month by turning off its miners.According...
Crypto Mining

Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter

Carbon-free mining company Sphere 3D‘s July 2022 report showed that it managed to keep up with its usual performance in July even though...
Crypto Mining

Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices – Mining Bitcoin News

The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The...
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