Gamza Khanzadaev Black-and-yellow crypto giant announces RavenCoin Mining Pool launch, RVN price reacts Crypto exchange Binance has announced the launch of RVN mining pool, the native token of the Rav...
Tag: Mining
Binance Pool Launches Ravencoin (RVN) Mining Pool
The world’s leading exchange, Binance, announced the launch of the Ravencoin mining pool following Ethereum’s move to Proof-of-Stake (POS) Today, Binance officially announced the launch of Ravencoin m...
New York Signs Moratorium on Cryptocurrency Mining
New York has become the first state in the United States to impose a temporary moratorium on any new fossil fuel-powered cryptocurrency mining activities. New York Governor Kathy Hochul signed a law o...
Bitcoin mining company Core Scientific reports a $400 million quarterly loss – crypto.news
Core Scientific, a Bitcoin (BTC) mining company, may be the next to file for bankruptcy after reporting a third-quarter loss of more than $400 million. The business, regarded as the biggest publicly t...
Latest mining rigs amp up difficulty to zone out competition
Cyber security analyst, Matt C, highlighted the growing pressure of the latest mining rigs upon previous generations of miners as hashing costs reach $0.07/kwh. #Bitcoin mining profitability by @Luxor...
Crypto Advocacy Group Opposes New York’s 2-Year Ban on Bitcoin Mining
– Advertisement – The Chamber of Digital Commerce is unhappy with New York’s recently signed Bitcoin mining law. Kathy Hochul, New York’s governor recently signed a law prohibiting certai...
The Block: Bitcoin mining stock report: Wednesday, November 23
Most bitcoin mining stocks tracked by The Block traded higher on Wednesday, some by double digits. The spike took place after Gov. Kathy Hochul signed a partial cryptocurrency mining ban into New York...
New York Partially Bans Crypto Mining
Alex Dovbnya New York Gov. Kathy Hochul has signed a law that partially restricts cryptocurrency mining New York has enacted a two-year moratorium on proof-of-work cryptocurrency mining operations pow...
DCG Subsidiary to Acquire Bitcoin Mining Facilities and Other Assets From Compute North
Digital Currency Group’s subsidiary and crypto mining firm Foundry Digital plans to acquire two turnkey crypto mining facilities in the United States from the embattled Bitcoin miner Compute North. In...
New York governor signs PoW mining moratorium into law
New York governor Kathy Hochul signed the proof-of-work (PoW) mining moratorium into law on Nov. 22, making it the first state in America to ban any PoW crypto mining activity for two years. The PoW m...
Bitcoin Mining Firm Core Scientific Lost $1.7 Billion in 2022
Public-traded Bitcoin mining company Core Scientific has lost about $1.7 billion since the start of the year, according to its quarterly report filed with the United States Securities and Exchange Com...
Foundry And Compute North Have Reached An Agreement To Purchase Two Mining Sites
The Digital Currency Group company Foundry is focused on crypto asset mining and staking. Recently, it made an agreement to purchase two turnkey mining facilities from Compute North. Foundry purchased...
New York Governor bans proof-of-work mining – crypto.news
New York Governor Kathy Hochul on Tuesday signed a bill prohibiting certain Bitcoin Mining operations powered by carbon-based energy. Proof-of-work mining companies will only be permitted to expand, r...
How New York Stands to Lose by Banning Crypto Mining
New York Governor Kathy Hochul has signed into law a bill that will ban Bitcoin mining using unsustainable energy sources across the state. The bill had been awaiting approval from the governor after ...
New York Signs Two-Year Crypto Mining Moratorium Into Law
New York Governor Kathy Hochul signed a two-year moratorium on new permits for proof-of-work (PoW) cryptocurrency mining operators that rely on carbon-based fuel to power their activities. “The law wi...
New York governor passes moratorium on Proof-of-Work mining
The state of New York now has stricter laws on crypto mining thanks to Kathy Hochul, the governor of the state. The measure places a two-year freeze on the issuance of new permits for mining operation...
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels – Mining Bitcoin News
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or...
New York Becomes First US State to Restrict Bitcoin Mining
New York state governor Kathy Hochul has signed a moratorium on using fossil fuels to power Bitcoin mining operations in the region. The new legislation aims to address environmental concerns in the ...
This bankrupt mining company may get through the crypto winter thanks to…
Cryptocurrency mining firm Foundry is all set to acquire two turnkey cryptocurrency mining facilities with a total capacity of 17 MW. Foundry will acquire these from the bankrupt mining company Comput...
Governor Hochul Signs Law Banning New Proof-of-Work Crypto Mining In New York ⋆ ZyCrypto
Advertisement     New York Governor Kathy Hochul has signed into law a bill clamping down on bitcoin mining within the state. The legislation places a two-year ban on ...
New York Law Cracks Down On Bitcoin Mining
As expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of its kind and raises far-reaching questions. Specifically, Hochul signed a bil...
Crypto Industry Reacts To New York’s 2-Year Crypto Mining Ban
Perianne Boring, founder of the blockchain advocacy group Chamber of Digital Commerce, criticized the move claiming no industry in New York has been sidelined yet for its energy use. She believes it m...
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North – Bitcoin News
Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining facilities from Compute North, a bitcoin miner that filed for Chapter 11 bankruptcy protection on Sept...
New York Curbs Mining; Bankman-Fried Depicts Wipeout
(Bloomberg) — Top partners at Sequoia Capital apologized to investors for backing FTX, whose bankruptcy had its first US court hearing. Former CEO Sam Bankman-Fried in a letter outlined a crash ...
New York Governor Hochul signs moratorium on proof-of-work mining
New York Governor Kathy Hochul has signed a bill cracking down on crypto mining in the state. The bill imposes a two-year moratorium on new permits for proof-of-work mining operations that rely ...
Iris Energy mining rigs set to go offline following $108M loan default
Slumping Bitcoin prices, paired with record-high hash rates and increasing energy prices, have caught up with Bitcoin miner Iris Energy. The Australia-based mining firm is set to take a significant c...
The Block: Bitcoin Mining Stock Report: Tuesday, November 22
More than half of the bitcoin mining stocks tracked by The Block increased, while others declined by double digits. TeraWulf’s stock declined by 16% and Core Scientific’s stock fell...
Feds Announce Indictment of Two Individuals in Alleged $575,000,000 Crypto Mining Scheme
The U.S. Department of Justice (DOJ) is announcing the arrest of two Estonian citizens in connection with an alleged crypto money laundering scheme. In a new press release, the DOJ says the two indivi...
Iris Energy Slashes Bitcoin Mining Capacity Due to a Requested Loan
Iris Energy – an Australian crypto mining company whose main purview is the operation of BTC mining sites in Canada running on renewable energy exclusively – has recently ceased mining in two subsidia...
Iris Energy to eliminate mining equipment following $108M loan default
The current bear market in cryptocurrencies has claimed another victim: the Australian-based Bitcoin mining company Iris Energy. This makes Iris Energy the latest company to fall victim to the bear ma...
JKL Group Is Starting a New Crypto Mining Firm
JKL Group is establishing a new $50 million crypto mining business. The money is set to come from institutions like family offices, individual investors, and HNWI. JKL Group Is Entering the Crypto Min...