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Crypto Mining

Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners

The Ordinals Protocol has enabled NFTs and BRC-20 tokens on the Bitcoin network – whereas previously, it was a single-asset network. However, the issue...
Crypto Mining

Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi

Marathon Digital Holdings and Zero Two announced a new Middle Eastern mining operation in a press release on May 9. The first mining site...
Crypto Mining

Vortex doubles mining capacity to combat inflation

US-based Bitcoin (BTC) mining company Vortex Mining is doubling its mining capacity to combat global inflation. Vortex said inflation has been increasing around the...
Crypto Mining

Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say – Mining Bitcoin News

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great...
Crypto Mining

Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s – Mining Bitcoin News

Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary...
Crypto Mining

Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases – Mining Bitcoin News

Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May...
Crypto Mining

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to...
Crypto Mining

White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining – Mining Bitcoin News

On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s...
Crypto Mining

Kazakhstan’s Bitcoin mining industry has several challenges ahead

In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021....
Crypto Mining

Bitdeer expands to Bhutan, expects to raise $500M

Bitcoin (BTC) miner Bitdeer has partnered with Bhutan’s state-owned investment company Druk Holding and Investments (DHI), to build carbon-free digital asset mining operations...
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