The environmental, social, and governance (ESG) properties of Bitcoin mining continue to get better, according to recent findings. However, that doesn’t stop mainstream media from telling people that ...
Tag: Mining
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design – Mining Bitcoin News
Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The...
Jack Dorsey’s Block asks for input on proposed ‘mining development kit’
Payments company Block, formerly known as Square, is delving deeper into the crypto mining industry with potential plans to build a “mining development kit.” A Mar. 7 blog post revealed that the Jack ...
Block solicits feedback for bitcoin ‘mining development kit’
Jack Dorsey’s Block is soliciting developer feedback for what it calls a bitcoin “mining development kit,” which it says could unleash further innovation in the Bitcoin mining space ...
Bitcoin mining report: March 7
Bitcoin mining stocks tracked by The Block were mostly lower on Tuesday, with six gaining and the other 13 declining. Bitcoin fell 1.8% to $22,046 by market close. Here is a look at how the individual...
Canaan’s Q4 22 Mining Revenue Increased by 368% But There’s a Catch
Increasing electricity costs and a decline in digital asset prices coupled with high mining difficulty in the fourth quarter slashed mining profit margins and made it difficult for miners to stay aflo...
Missouri passes crypto mining protection law
Ad The U.S. state of Missouri passed the “Digital Asset Mining Protection Act” on March 7 to protect the rights of crypto miners. The bill won’t allow state and political subdivisions to halt crypto m...
Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth
The crypto market remains in the bear zone, even after several months. In the last week, major coins, such as Bitcoin and Ethereum have seen a decline; for now, it’s impossible to determine the outcom...
Mining Hardware Manufacturer Canaan Revenue Drops 82%
Canaan crypto stock reported a revenue drop of 82.1% to $56.8 million in the fourth quarter of 2022 and may fall further. Canaan, the China-based mining hardware manufacturer, reported revenue of RMB ...
Passive Income With Cloud Mining: Free Tutorial 2023
Most individuals return their investment amount within 3-10 days on HappyMiner. In this HappyMiner review, You will read about cloud mining services a well-known US hash provider provides. Let’s find ...
SEC sues Utah-based Green United over $18m crypto mining scam
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws by selling $18 million worth of fa...
Utah Firm Accused Of Fraudulent Mining Scheme, Is SEC Against Crypto Mining?
Weeks later after its supposed crackdown on the crypto industry, the U.S. Securities and Exchange Commission (SEC) is still making it into the headlines. On March 3, the regulator filed a complaint ag...
Green United Mounted $18M Crypto Mining Scam: SEC files Suit
Utah-based Green United, $18 million worth of faulty mining equipment. They promoted non-existent Green Blockchain and mining on GREEN tokens. The SEC recently filed a suit against Green United for s...
TeraWulf’s Nuclear-Powered Bitcoin Mining at Nautilus Facility is Online
TeraWulf – which focuses on environmentally clean mining operations – has announced starting operations of Nautilus Cryptomine, the first nuclear-powered Bitcoin mining facility in the United States. ...
Will SEC Classify Crypto Mining As Unregistered Security?
Bitcoin News Through this crypto mining scam, Green United raised over $18M in more than 4 years. The firm fraudulently offered its mining equipment – “Green Boxes” and “Green Nodes.” Fraudulent c...
Utah-based Green United Faces SEC Accusations of Running an $18 Million Crypto Mining Scam – Cryptopolitan
The US Securities and Exchange Commission (SEC) has filed a complaint against Utah-based Green United for allegedly running an $18 million cryptocurrency mining scam. The authority claims that the com...
8,000 rigs spool up in Nautilus mining facility
United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power generated on-site. In Mar. 6 statement, TeraWulf said t...
SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme
Software and crypto mining equipment offered by the Utah-based Green United LLC was part of an $18 million “fraudulent scheme” that never mined the crypto it said it would, according to al...
Bitcoin mining report: March 6
Bitcoin mining stocks tracked by The Block were mostly lower on Monday, with seven gaining and the other 12 declining. Bitcoin fell 0.3% to $22,418 by market close. Here is a look at how the individua...
TeraWulf’s nuclear-powered Bitcoin mining facility goes online
Ad TeraWulf (WULF) has launched its Nautilus Cryptomine facility marking the inauguration of the first bitcoin mining facility in the US powered by nuclear energy. New Nautilus facility opens in Penns...
Bitcoin Mining Firm TeraWulf Utilizes Nuclear Energy in Pennsylvania
10 seconds ago | 2 mins read Bitcoin News The plant with a hash rate capable of 1.0 EH/s, is currently running on 100% nuclear energy. Almost 8,000 miners are employed by the mining company. Bitcoin’...
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin News
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, so...
TeraWulf Launches America’s First 100% Nuclear-Powered Bitcoin Mining Facility In Pennsylvania
The chief obstacle for bitcoin mining has shifted from solely procuring top-of-the-line mining equipment due to the closure of Chinese miners amidst regulatory restrictions, leading to a surplus of av...
TeraWulf Announces Energization and Rapid Deployment of Mining Operations at the Nautilus Facility in Pennsylvania
First behind-the-meter bitcoin mining facility powered by 100% nuclear power at scale in the U.S. TeraWulf benefits from a fixed power cost at Nautilus of only $0.02 per kilowatt hour for five years. ...
US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme – Bitcoin News
A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the m...
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty – Mining Bitcoin News
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate...
The Government Believes It Can Force Crypto Mining Companies to Reveal Information
Through a series of letters to federal agencies, those in charge in the United States have stated that they believe they have the authority to force crypto mining firms to produce information about ho...
US legislators renew call for EPA investigation of crypto mining emissions data
United States Senator Edward Markey and Representative Jared Huffman announced on March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act in Congress. The move comes ahead ...
Russian investment firm unveils crypto mining mutual fund
According to Russian business outlet Kommersant, Russian investment management firm Finam management has unveiled a new fund intended to finance crypto mining operations in the country. The fund will ...
Bitcoin mining report: March 3
Bitcoin mining stocks tracked by The Block were mixed on Friday, with nine gaining and the other 10 declining. Bitcoin fell 4.9% to $22,328 by market close. Here is a look at how the individual miners...