Tag: mining

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Strange Antennas Used For A Secret Crypto Mining Activity Are Sprouting In Utah’s Hills

Strange antennas have been spotted cropping from the hills of Salt Lake City in Utah, that seem to be linked to a crypto...

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase – Mining Bitcoin News

During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709....

Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees – Mining Bitcoin News

Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint...

Poolin Bitcoin mining hash rate share falls by 94% from ATH

China-based Bitcoin mining pool, Poolin, registers a record decline in hash rate share to 1% from its all-time high of...

Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News

Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two...

Canada Cracking Down On Bitcoin Mining – Bitcoin Magazine

North America became the leading hub of bitcoin mining activity after China’s abrupt ban in May 2021. While the United States has grabbed...

Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top...

Bitcoin Mining Difficulty Sees Sharp 3.59% Drop

The bitcoin mining difficulty had adjusted upward for the majority of 2022, recording its highest correction in the same year. However, 2023 kicked...

Dual Mining Kaspa (KAS) + Zilliqa (ZIL) Now Possible With GMiner 3.21

2 Jan 2023 The latest update 3.21 of the GMiner mining software brings a new interesting feature for everyone that might be currently mining Kaspa...

Behind the two mining pools controlling 51% of the global hash rate

While most of the market focuses on Bitcoin’s price volatility, a much bigger problem seems to go unnoticed.The centralization of...

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia – Mining Bitcoin News

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of...

Bitcoin Mining farm Bitfarms co-founder and CEO Emiliano Grodzki resigns

Emiliano Grodzki, co-founder and CEO of Canadian Bitcoin mining company Bitfarms, has resigned, according to a press release on Dec....