Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 Trillion – Mining Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman...
Mining
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022 – Mining Bitcoin News
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council...
Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week – Mining Bitcoin News
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block...
Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia – Mining Bitcoin News
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia....
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million – Mining Bitcoin News
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in...
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential – Mining Bitcoin News
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned...
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says – Mining Bitcoin News
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary...
Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design – Mining Bitcoin News
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has...
Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits – Mining Bitcoin News
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent...
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices – Mining Bitcoin News
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new...
Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving – Mining Bitcoin News
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April...
13,233 Blocks Found by 16 Pools — A Look at the Top Bitcoin Mining Pools in Q1 2022 – Mining Bitcoin News
During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the...
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates – Mining Bitcoin News
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households...
Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions – Mining Bitcoin News
The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space,...
Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge – Mining Bitcoin News
While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system,...
Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas – Mining Bitcoin News
The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center...
Abkhazia Extends Crypto Mining Ban Till End of Year – Mining Bitcoin News
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in...
Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies – Mining Bitcoin News
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing...
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals – Mining Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman...
Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets – Mining Bitcoin News
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet...
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits – Mining Bitcoin News
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not...
With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High – Mining Bitcoin News
Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February...
