Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the ...
Tag: Mining
Poolin Bitcoin mining hash rate share falls by 94% from ATH
China-based Bitcoin mining pool, Poolin, registers a record decline in hash rate share to 1% from its all-time high of 18% – a 94% decline, according to data from Glassnode. Source: Glassnode Poolin c...
Iranian Court Orders Release of Crypto Mining Machines Captured Years ago
An Iranian court ordered the release of crypto-mining machines which were seized by Iranian authorities in 2021 due to energy concerns. In late December, 2021, Iran’s total energy consumption increase...
Celsius’ Mining Rigs to be Shut-down by Core Scientific
Celsius filed for bankruptcy on July 12, 2022, and Core Scientific filed on December 21, 2022. The plug will be pulled on Celsius’ mining rigs on January 3, 2022, as per court orders. The host compan...
Miner US offering constant income with certified/safest hash mining
Over the past ten years, the market for blockchain technology and cryptocurrencies has grown by a huge amount. The total market capitalization is somewhere around $843 billion right now, even though t...
Core Scientific Powers Down Celsius 37,000 Mining Rigs
Core Scientific is just one of the many names in the crypto ecosystem that is currently battling a liquidity crisis. Core Scientific Inc (OTCMKTS: CORZQ), the bankrupt crypto miner and hosting service...
Bitcoin Mining Firm Riot Ditches ‘Blockchain’ From Name in Rebrand
Bitcoin mining firm Riot Blockchain has rebranded to Riot Platforms, in a move intended to reflect the company’s “increasingly diversified business operations.” Riot, which has seen its market c...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific app...
Bitcoin Miner Core Scientific Reaches Agreement To Shut Off Celsius Mining Rigs
Core Scientific will shut off thousands of Celsius mining rigs, after the two bankrupt firms finally came to an agreement after months of dispute. One of the world’s biggest Bitcoin miners, Core Scien...
Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023
After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will ...
Bitcoin Mining Industry Not Optimistic on a Bull Market Coming Soon
Fantastic news! Hashrate Index, a professional mining data company, has made the forecast that the present bear market for bitcoin will terminate in the year 2023. On the other hand, Bitcoin mining in...
Stronghold Digital Mining Swaps Debt for Preferred Stock
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Riot Blockchain Rebrands to Riot Platforms Amid Mining Rout
Bitcoin miner Riot Blockchain has changed its name to Riot Platforms to reflect a more diversified business. In a press release, the company announced that despite the name change, it would continue t...
Is Mining Worth? Will Bitcoin Mining Companies Survive In 2023?
Will Bitcoin Mining Companies Survive In 2023? Bitcoin mining companies had a really tough year as the extreme market conditions influenced the price of Bitcoin. The crypto market saw major crashes li...
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was p...
Top Public Bitcoin Mining Firms Owes Most Money: A Report
The Bitcoin (BTC) miners witnessed a sort of mixed “success” while tackling the debt-fueled overexpansion crisis. Most of the industry insiders have collected more than $4 Billion of debt in recent cr...
Ault Alliance’s Subsidiary BitNile Issues 2022 Bitcoin Production and Mining Report Highlighting a Current Projected Run Rate of Approximately 1,500 Bitcoin a Year
BitNile has mined approximately 750 Bitcoin to date LAS VEGAS–(BUSINESS WIRE)–$AP #ARGO—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault” or the “Company”), today announ...
In another blow to Celsius, Core Scientific shuts down 37,000 mining rigs
Core Scientific has shut down 37,000 mining rigs that were hosted for Celsius. The Bitcoin miner’s share price has jumped over 81% following this decision. Bitcoin [BTC] mining firm Core Scientific ha...
Iran Returns Confiscated Crypto Mining Hardware After Courts Ruling
3 hours ago | 2 mins read Bitcoin News Tavanir, a state-owned utility, has been disconnecting electricity to illicit mining sites. Licenses and import permissions for mining may be obtained from the M...
Core Scientific Is Shutting Down 37,000 Celsius Crypto Mining Rigs
Editors News Core Scientific, a crypto miner has submitted a motion asking for permission to reject Celsius’ contracts. According to Core, Celsius had broken the terms of the agreements by failing to ...
Bitcoin mining: difficulty still decreasing
Good news for Bitcoin miners: difficulty dropped again today. Bitcoin mining: current levels of difficulty Difficulty is the level set automatically by Bitcoin’s protocol for those who mine blocks, a...
Bitcoin Mining Difficulty Sees Sharp 3.59% Drop
The bitcoin mining difficulty had adjusted upward for the majority of 2022, recording its highest correction in the same year. However, 2023 kicked off with a downtrend as the mining difficulty has be...
Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by cou...
The Finest Cryptocurrency Mining Software, Brought to You by Mine…
If you are interested to know more about Miner US Limited you can check out the : Miner US Limited Introduction Video Introducing Miner US Limited Graves David Gavin, the man behind the cryptocurrency...
Bitcoin mining difficulty down 3.6% while revenue pops 0.9% in December
Bitcoin mining difficulty is down 3.6%, following a winter storm that led a number of miners to power down. The update was posted in the early hours of Tuesday, according to BTC.com. Diffi...
Saudi Arabia Looks To Mining As Way To Diversify Its Economy
Khalid Al-Mudaifer hopes to see Saudi Arabia expand and develop its mining sector with new … [+] international partners in line with the Saudi 2030 Vision. Saudi Ministry of Mines By Joseph Hamm...
Bitcoin Mining Difficulty fell’s 3.6% in Latest Adjustment
According to BTC.com, Bitcoin’s mining difficulty went down by 3.59% in Asia early Tuesday, Coordinated Universal Time (UTC). Some United States-based Bitcoin mining organizations and miners shut down...