Tag: mining

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Crypto Mining

SBF says FTX could acquire distressed BTC mining companies to prevent contagion fears

FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News...
Harmony Chain

Samsung To Make Chips That Can Power Bitcoin Mining – Will This Energize Crypto?

Crypto Mining

Bitcoin miners are facing harsher conditions despite easier mining difficulty

Despite the decline in mining difficulty, Bitcoin (BTC) miners are facing harsher conditions in the market due to the rising costs of energy...
Crypto Mining

Mining Ban Sparks Negative Reactions From Iran’s Crypto Community – Mining Bitcoin News

The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company...
Crypto Mining

Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital – Mining Bitcoin News

Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from...
Bitcoin

Republicans Seek to Counter Effort to Curtail Crypto Mining

Environmental regulators should seek “a comprehensive analysis as it relates to understanding the potential environmental effects of digital asset mining,” according to the...
Crypto Mining

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand – Mining Bitcoin News

Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms...
Bitcoin

14 Members Of The US Congress School EPA On Bitcoin Mining And Green Energy

Crypto Mining

Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction – Mining Bitcoin News

Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of...
Bitcoin

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower – Mining Bitcoin News

While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s...
Altcoin News

Russia’s Third-largest Oil Company To Power Bitcoin Mining Farms | by ETELL | The Capital | Jun, 2022

Regardless of the ongoing discussion about whether Proof-of-Work (PoW) cryptocurrency mining has a negative or positive impact on the environment (and other areas),...
Blockchain

CleanSpark Orders Purchases of New Bitcoin Mining Rigs to Survive Bear Market

Nevada-based bitcoin mining firm CleanSpark, Inc, announced on Thursday that it has placed a purchase order for 1800 Antminer S19 XP units as...
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