Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says – Mining Bitcoin News
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s...
Mining
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’ – Mining Bitcoin News
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to...
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners – Mining Bitcoin News
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax...
Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower – Mining Bitcoin News
Bitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928....
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate – Mining Bitcoin News
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal...
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge – Mining Bitcoin News
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing...
Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad – Mining Bitcoin News
The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are...
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected – Mining Bitcoin News
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction...
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...
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...
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction – Mining Bitcoin News
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June...
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....
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....
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving – Mining Bitcoin News
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13...
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second – Mining Bitcoin News
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29%...
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop – Mining Bitcoin News
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow....
Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam – Mining Bitcoin News
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of...
Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer – Mining Bitcoin News
Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash...
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature – Mining Bitcoin News
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that...
Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month – Mining Bitcoin News
During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during...
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1 – Mining Bitcoin News
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests – Mining Bitcoin News
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On...
