Bitcoin mining stocks tracked by The Block were higher on Wednesday, with 18 gaining and one declining. Bitcoin rose 8.6% to $24,070 by market close. Here is a look at how the individual miners perfor...
Tag: Mining
PEGA Pool To Tackle Carbon Footprint Issue of BTC Mining
Crypto mining has received backlash for its huge energy consumption. UK-based mining pool, PEGA Pool, aims to address this concern. The main focus of PEGA Pool is to rely on renewable energy for BTC m...
PEGA Pool Launches Eco-Friendly Bitcoin Mining Pool With Huge Incentives For Miners
Advertisement     PEGA Pool, a UK-based company, is excited to announce the official launch of its eco-friendly Bitcoin mining pool created to enable clients to offset...
What’s The Difference Between PoS Mining To PoW Mining, And What Will Rule The Crypto World
Consensus mechanism stands for algorithms, protocols, or systems through which cryptocurrency works. It’s useful for preventing and identifying any sort of intentional cheating or double spending in t...
Iris Energy to Triple Mining Capacity With Thousands of New Rigs
Iris Energy, a Bitcoin (BTC) mining firm located in Australia, has said that it plans to roughly increase its mining capacity by adding thousands of mining rigs. The company said on February 13 that i...
The Block: Bitcoin mining report: Feb. 14
Bitcoin mining stocks tracked by The Block were higher on Tuesday, with 16 gaining and three declining. Bitcoin rose 2.7% to $22,232 by market close. Here is a look at how the individual m...
PEGA Pool Announces the Official Launch of Its Eco-Friendly Bitcoin Mining Pool
February 14, 2023 – Swanage, United Kingdom UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivi...
Iris Energy Plans Boosting Internal Mining Capacity to 5.5 EH/s
2 hours ago | 2 mins read Bitcoin News The debt it incurred from the 10 EH/s deal with Bitmain has been completely settled. Iris is contemplating liquidating any miners it has that are beyond its 5.5 ...
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region – Mining Bitcoin News
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ord...
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs – Mining Bitcoin News
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j ...
The Block: Bitcoin mining report: Feb. 13
Bitcoin mining stocks tracked by The Block were mostly lower on Monday, with four gaining and 13 declining. Bitcoin fell 1.5% to $21,653 by market close. Here is a look at how the individu...
Russia, Bitcoin adoption and mining- The Cryptonomist
According to some rumors, Russia would be ready for both the use of Bitcoin and mining. Russia may finally take advantage of mining legally and begin trading Bitcoin, according to some news agencies o...
Kazakhstan is Taking Steps to Curtail Illegal Mining Operations
Kazakhstan government tightens regulations for crypto miners. Crypto firms with their mining infrastructure come under the first category. As the cryptocurrency boom expanded at the start of 2023, gia...
Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining hubs, announced plans to introduce new crypto regulations to reduce tax fraud and unlawful business operations. A new law signed by Kazakh P...
Kazakhstan Gets Tough On Bitcoin Mining Again
Join Our Telegram channel to stay up to date on breaking news coverage The world’s second-largest Bitcoin mining country, Kazakhstan, has tightened the reins on Bitcoin mining by releasing new regulat...
Bitcoin Network Experiences Slight Dip in Difficulty After Record High – Mining Bitcoin News
Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respi...
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown – Mining Bitcoin News
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s a...
Mississippi Bill Legalizes Bitcoin Mining in Residential and Industrial Areas
Mississippi Senate lawmakers have passed a bill that makes cryptoasset mining legal and protects miners from biased energy rates. Senator Josh Harkins introduced the bill to the House, stating that di...
Mississippi Senate Pass Bill To Legalize Cryptocurrency Mining
Lawmakers in the American state of Mississippi have enacted a law that legalizes cryptocurrency mining and protects the rights of cryptocurrency miners. The bill, called the Mississippi Digital Asset...
Russia Subsidizes Crypto Mining Facility in Siberia
The Russian government has backtracked its anti-crypto mining stance and has now gone as far as subsidizing a crypto mining facility in Siberia. The government added that it now provides tax incentive...
Russia To Launch $12.3 Million Crypto Mining Farm In Coming Month
The Russian Federation is looking to launch a crypto-mining facility worth over $12.3 million (900 million rubles) in the coming months. According to a report by local Russian media, RBC, this massive...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin News
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing date...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia – Mining Bitcoin News
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is alr...
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force – Mining Bitcoin News
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensi...
Celsius Looking to Raise $14.4M Selling Bitcoin Mining Coupons and Credits
In another attempt to collect funds to repay creditors, the now-bankrupt crypto lender Celsius is now looking to sell $14.4 million in coupons and credits for Bitcoin mining company Bitmain. The propo...
Encomiums As Bitcoin Mining Goes Nuclear in the U.S. ⋆ ZyCrypto
Advertisement     The US’s first nuclear-powered Bitcoin mining facility has now been completed, drawing crypto closer to its renewable energy commitment. The 300,000-...