Tag: mining

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Crypto Mining

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits – Mining Bitcoin News

While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November....
Crypto Mining

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand – Mining Bitcoin News

Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily...
Crypto Mining

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective – Mining Bitcoin News

Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the...
Bitcoin

Bitcoin Hashrate Declines As Mining Difficulty Stays At ATH Levels

Data shows the Bitcoin mining hashrate has been on a decline recently as the difficulty is currently at all-time high levels. Bitcoin Mining Hashrate...
Crypto Mining

New lolMiner 1.63 With Improved Kaspa (KAS) Mining Performance

23 Nov 2022 There is a new lolMiner 1.63 release available for anyone using that mining software, and it is an especially useful update for...
Crypto Mining

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels – Mining Bitcoin News

A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work...
Bitcoin

New York Law Cracks Down On Bitcoin Mining

As expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of...
Crypto Mining

Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value – Mining Bitcoin News

Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset...
Bitcoin

Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’ – Mining Bitcoin News

On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by...
Crypto Mining

How About Dual Mining and Triple Mining ETC + KAS + ZIL

16 Nov 2022 Dual-mining or mining two different crypto currencies at the same time is a good way to optimize the performance and profitability of...
Crypto Mining

2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News

Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC)...
Crypto Mining

Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’ – Mining Bitcoin News

On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and...
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