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PortuguêsThe energy usage of bitcoin mining has been frequently misrepresented — but there’s still reason to seek renewable energy sources. What if you could substitute a renewable battery-powered motor for…
Continue ReadingAuthorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway…
Continue ReadingMissouri’s largest utility, with 1.2 million customers, is mining bitcoin to better match demand and manage variability on the grid. Ameren Missouri, the largest utility in the state that serves…
Continue ReadingThe Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto. The Chinese government is getting more serious about cracking down on the cryptocurrency industry…
Continue ReadingMining Ethereum on a home PC can be done, but profits will be few and far between. The Golem Network has launched an app that allows users to mine Ethereum…
Continue ReadingOn Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round…
Continue ReadingBIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio. Bitcoin (BTC) mining company BIT Mining plans to…
Continue ReadingOne River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts. One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has…
Continue ReadingMining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. As the Bitcoin network hash rate continues to recover amid global miners accumulating more…
Continue ReadingMembers of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards…
Continue ReadingGenesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. Major Bitcoin (BTC) mining company Genesis Digital Assets has secured $431 million…
Continue ReadingNew York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade. A new study from the New York…
Continue ReadingBitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along…
Continue ReadingLaos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism…
Continue ReadingAuthorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of…
Continue ReadingChinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021. Despite the price decline for Bitcoin (BTC) in Q2 2021, mining hardware maker…
Continue ReadingBitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study. A new study suggests that Bitcoin has already used more…
Continue ReadingThe Ethereum mining hash rate has reached a new all-time-high (ATH) value after completely recovering from China’s crackdowns. Ethereum Mining Hash Rate Makes New ATH The ETH network hash rate…
Continue ReadingThe regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins…
Continue ReadingCryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency…
Continue ReadingAuthorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal…
Continue ReadingBy becoming the first country in the world to make bitcoin legal tender, El Salvador took a bold step into the future. In recent months, the Central American country of…
Continue ReadingA New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly…
Continue ReadingMining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would…
Continue ReadingThe New York county clerk office employee allegedly used over 40 devices to mine crypto unlawfully. An information technology operations supervisor at the Suffolk County clerk’s office in New York,…
Continue ReadingRussia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January. As Russian cryptocurrency advocates are working to attract global crypto mining operators, local lawmakers have…
Continue ReadingThe BTC mining industry is getting a makeover as miners shift their focus to ESG, or environmental, social and governance, initiatives. Blockchain infrastructure developer Blockstream has partnered with Macquarie Group,…
Continue ReadingHigher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the…
Continue ReadingOne crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. The cryptocurrency mining market in Vietnam is reportedly…
Continue ReadingA meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More…
Continue ReadingHere’s what experts on emerging tech think about the role of blockchain in achieving more sustainability and lessening the climate crisis. Tom Baumann of the Climate Chain Coalition: Tom is…
Continue ReadingThe difference between the two is becoming more and more apparent as bitcoin is poised to challenge the world’s monetary system. The below article was originally published in Marty’s Bent…
Continue ReadingBitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash…
Continue ReadingSome of the most common methods of duping crypto investors include false advertisements claiming to sell mining equipment and fake websites posing as crypto exchanges. Russian cybersecurity firm Kaspersky has…
Continue ReadingThe very low power rates in Venezuela have created a powerful incentive to mine Bitcoin for a lucky few that have the capital (and dare) to purchase miners and infrastructure…
Continue ReadingIran’s Ministry of Industry, Mine and Trade questioned Tavanir’s claims that illegal mining activities consume 2,000 megawatts of power. Iran’s Ministry of Industry, Mine and Trade reportedly dismissed claims by…
Continue ReadingThe combined capitalization of publicly-traded crypto stocks surged from roughly $25 billion in January to around $100B today. The combined market cap of publicly-listed crypto firms has roughly quadrupled this…
Continue ReadingIran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir,…
Continue ReadingThe President of Belarus said in a meeting that citizens should mine bitcoin with the country’s abundant energy instead of seeking low wages abroad. Alexander Lukashenko, the President of Belarus,…
Continue ReadingBelarus has lots of abandoned industrial sites that could be used to generate revenue through cryptocurrency mining, the Belarusian president said. Belarusian President Alexander Lukashenko has called on the government…
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