Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals – Mining Bitcoin News
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier...
Mining
Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com – Mining Bitcoin News
On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto...
While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High – Mining Bitcoin News
During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH)...
Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs – Mining Bitcoin News
Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law...
Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining – Mining Bitcoin News
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals...
China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures – Mining Bitcoin News
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top...
Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs – Mining Bitcoin News
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior...
Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable – Mining Bitcoin News
While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per...
Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase – Mining Bitcoin News
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s...
Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining – Mining Bitcoin News
Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto...
Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner – Mining Bitcoin News
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks – Mining Bitcoin News
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch...
Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs – Mining Bitcoin News
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified...
Bitfarms Reveals Argentina Mega-Mining Farm Location Details – Mining Bitcoin News
Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that...
A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry – Mining Bitcoin News
While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated...
Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages – Mining Bitcoin News
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The...
Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm – Mining Bitcoin News
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally...
Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas – Mining Bitcoin News
Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced...
Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest – Mining Bitcoin News
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure...
Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan – Mining Bitcoin News
On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the...
Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners – Mining Bitcoin News
State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a...
Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates – Mining Bitcoin News
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other...
