Riot Blockchain Mining Pool, Technology Company in North America Riot Blockchain, Inc is a bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding industrial-scale mining f...
Tag: Mining
Sam Bankman-Fried’s Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report
Alameda Research, the trading firm founded by the disgraced former crypto billionaire Sam Bankman-Fried, reportedly invested well over a billion dollars into a Bitcoin (BTC) mining firm. According to ...
XDC Liquidity Mining Campaign Led By Hummingbot is a Best…
Hummingbot, a California-based open-source DeFi market making software platform, launched a 12-week liquidity mining campaign for XDC on prominent crypto exchanges – Gate.io and KuCoin. This XDC-based...
Discounted Crypto Mining ASIC Demand in Russia Skyrockets
Demand for discounted ASIC crypto mining equipment saw a massive boost in Russia in Q4, and the country’s cheap electricity rates played a critical role. Nonetheless, the global outlook for miners is ...
Bitcoin Mining Difficulty Moving Towards the Biggest Drop
The biggest decrease in bitcoin mining difficulty this year may occur with the upcoming release. The adjustment is anticipated to occur in the early hours of next Tuesday and, based on most prediction...
Russia Miners Buy More BTC Mining Rigs in Quarter 4, Report
Bitcoin and the entire crypto market bleed due to many challenges that have befallen the industry. From the Terra crash and continuous interest rate hikes to FTX implosion, the market hasn’t enjoyed a...
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware – Mining Bitcoin News
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increas...
Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid – Mining Bitcoin News
On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining op...
Bitcoin Mining Gears Q4 Sale Skyrockets in Russia
8 seconds ago | 2 mins read Bitcoin News Low costs for gear and power have also contributed to the dramatic growth. Revenue for the first nine months of the year is up 65 percent over the same period ...
Manitoba Has Halted New Crypto Mining Projects To Meet Rising Energy Demand
Due to the availability of cheap electricity in Canada, many miners plan to set up mining companies operations there. The Canadian province of Manitoba has enacted an 18-month moratorium on new crypto...
FTX’s venture arm Alameda invested over a billion in Bitcoin [BTC] mining firm
Alameda reportedly invested over a billion dollars in the Bitcoin mining firm – Genesis Digital The first recorded investment was in August last year, while the last was in April 2022 FTX and Alameda ...
The Block: Bitcoin mining stock report: Friday, December 2
Bitcoin mining stocks tracked by The Block were mixed, with several stocks seeing double-digit gains. Bitcoin was trading around $17,030 at the time of market close. (BTC to USD ch...
Sales of Bitcoin Mining Rigs in Russia Surge in Q4: Report
A new report by Kommersant revealed that sales of Bitcoin mining machines in the country surged rapidly in the fourth quarter, a trend backed by a resurgence of demand, despite the chaotic price actio...
BlockFi’s bankruptcy is the latest blow for a bleeding Bitcoin mining industry
As if crashing crypto assets, high energy prices and increasing difficulty in mining weren’t enough, now Bitcoin miners face the fallout from BlockFi’s bankruptcy protection filing. ...
Bitcoin’s mining difficulty set for largest single drop of 2022
It’s a sign of the times: the next bitcoin mining difficulty update might be the largest drop this year. The adjustment is projected to happen in the early hours of next Tuesday and could ...
Mining is a lucrative activity that can be done in your spare time
Advertisement     What do you know about mining? Let’s deal with this topic with an example of the new Qatar 2022 Ecosystem project. It includes some services. One of ...
Canada’s Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining
“We can’t simply say, ‘Well, anyone can take whatever [energy] they want to take and we’ll simply build dams’,” Finance Minister Cameron Friesen, the minister respo...
Demand for crypto mining in Russia explodes
According to a Kommersant study from the fourth quarter, Russians bought a lot more ASIC crypto-mining equipment. Low prices for electricity and equipment have sparked a buying frenzy, but the supply ...
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out – Coinotizia
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposa...
Bitcoin mining revenues fell 20% in November
Bitcoin mining revenues fell 19.9% in November to about $472.64 million, according to data compiled by The Block Research. The cryptocurrency’s price, which had been hanging around the $19...
Canadian state suspends crypto mining activities for 18 months
As per local media sources, the Canadian state of Manitoba has placed an embargo on new cryptocurrency mining operations for the next 18 months because of concerns that such enterprises will overload ...
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out – Regulation Bitcoin News
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposa...
The Block: Bitcoin mining stock report: Thursday, December 1
Bitcoin mining stocks tracked by The Block showed mixed results, with about half trading up and the other half down. Bitcoin was trading at around $16,900 by market close, according to data from...
Bitcoin mining revenues down – The Cryptonomist
Data show that there are no longer any profits for Bitcoin miners, it is currently difficult to get cheap electricity to run efficient mining platforms. During the past few weeks, the cost of Bitcoin...
Crypto Mining Companies Really Have It Hard
The crypto mining sector is falling apart, and miners are being hit from all angles at the time of writing. Crypto Mining Is Beginning to Crash and Burn To be fair, the prices of many mainstream digit...
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand – Mining Bitcoin News
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attract...
The Block: Bitcoin mining stock report: Wednesday, November 30
Most bitcoin mining stocks tracked by The Block rose alongside Bitcoin, which returned to the $17,000 level by market close, roughly a 3.6% increase from yesterday, according to data from TradingView....
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs – Coinotizia
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022,...