A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. Kirill Pronin, head of Russian Central Bank (CBR)’s…
Continue ReadingThe bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year. On Tuesday, Bitcoin (BTC) mining company Mawson…
Continue ReadingThe company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the firm’s total hashrate to be more than 1.6 EH/s. White…
Continue ReadingTo mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started. Your…
Continue ReadingBitcoin mining has been seeing a decline in profitability in recent times. This comes as no surprise given the drop in the value of the token and since profitability largely…
Continue ReadingLuxor’s new marketplace allows those looking to mine bitcoin to find hosting facilities and ASICs by delivering industry knowledge about each provider. Luxor Technologies has launched a new hosting marketplace…
Continue ReadingThe key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow. Bitcoin (BTC) visiting the $20,000 range after one and…
Continue ReadingThe executive order spares all the mined assets from taxation and bans mining anonymous currencies. The National Agency of Prospective Projects (NAPP) in the 34-million nation of Uzbekistan enunciated its…
Continue ReadingThe facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills. Bitcoin (BTC) mining hardware and…
Continue ReadingCryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The…
Continue ReadingCycling home bitcoin miners with peak energy consumption times and capturing their excess heat help make the case for small-scale mining. Decentralization is a core ethos of Bitcoin. In this…
Continue ReadingBitcoin, the world’s most popular cryptocurrency, consumes an astounding amount of electricity. But, its energy use depends on a lot of things. After suffering a major collapse this entire month,…
Continue ReadingThe Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. The overall power consumption of…
Continue ReadingMainstream financial audiences are now paying attention to miner extractable value (MEV), and bitcoin investors should too. Bitcoin mining revenue streams are historically very boring. Miners earn money from two…
Continue ReadingBy using methane produced from landfills and the oil field that would otherwise be flared, bitcoin mining can help reduce 0.15°C of global warming. Daniel Batten is a climate tech…
Continue ReadingA conversation about Level39’s recent article about using thermal energy from the ocean to generate electricity and mine bitcoin with the excess. This is a recording of a recent Twitter…
Continue ReadingDuring the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday,…
Continue ReadingData shows the latest selloff has caused the Bitcoin blockchain activity to come back to life after it had stayed muted for a while now. Bitcoin On-Chain Activity Returns As…
Continue ReadingBitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit. The cryptocurrency market entered a sell-off phase in the first…
Continue ReadingThe drop in bitcoin price means mining rigs are on sale and prospective buyers may see big discounts before the summer ends. One reason why miners often pay close attention…
Continue Reading“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment,” said chief financial…
Continue ReadingDuring the previous two years, authorities in Iran have shut down around 6,914 unregistered crypto companies. Authorized crypto mining plants in the Islamic Republic will be required to disconnect their…
Continue ReadingFor years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable. According to local news outlet Arz Digital,…
Continue ReadingEarlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC. Despite data showing…
Continue ReadingThe tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it. The crypto winter is…
Continue ReadingThe third-largest oil producer in Russia has joined forces with BitRiver, a bitcoin mining business based in Switzerland, to mine bitcoin utilizing spare resources. BitRiver will construct the digital infrastructure…
Continue ReadingThe Environmental Protection Agency or EPA keeps receiving mail. This time, 14 members of Congress provided the counterpoint and singled out the environmental benefits of bitcoin mining. They also made…
Continue ReadingRussian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will…
Continue Reading“Digital assets, and their related mining activities, are essential to the economic future of the United States,” said the group of 14 lawmakers. A group of 14 United States senators…
Continue ReadingOne of the world’s largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining. The Russian…
Continue ReadingGazpromneft, the third-largest oil producer in Russia, is partnering with Swiss-based bitcoin mining company BitRiver to mine bitcoin with excess resources. Russia’s third-largest oil producer, Gazpromneft, is entering the bitcoin…
Continue ReadingRenewable energy potential, wide adoption and deflationary fiat make Nigeria the perfect home for extensive bitcoin mining operations. This is an opinion editorial by Heritage Falodun, a software engineer and…
Continue ReadingThe recent decline in the price of bitcoin is not the only thing that those in the space have had to deal with. It has spilled into other important aspects…
Continue ReadingNumerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. In the summer of…
Continue ReadingThe bitcoin mining company increased its ASIC fleet by 4,000 machines, driving up its hash rate and delivering a record-breaking revenue of $3.8 million. Bitcoin mining company Mawson Infrastructure Group…
Continue ReadingCleanSpark will acquire 1,800 Ant Miner S19 XPs in a purchase agreement and TMGcore will provide 257 immersion-cooling tanks with colocation capacity. CleanSpark Inc. has acquired a purchase agreement for…
Continue ReadingExchange platforms will get an opportunity to operate legally in Astana international finance center in 2022. In addition to its swift advances toward regulating crypto mining, Kazakhstan will launch a…
Continue ReadingRemember the francophone Bitcoiners that visited the CAR a couple of weeks ago? Well, they released a “Report from the Bitcoin Delegation in the Central African Republic” and we’re about…
Continue ReadingData shows amid the panic of the crypto crash, the Bitcoin mining hashrate has gone flying to a new all-time high. Bitcoin Mining Hashrate Surges To New All-Time High As…
Continue ReadingMeltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations. “I like to call myself a future,…
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