Fort Worth, Texas has announced a partnership with the Texas Blockchain Council for the launch of a Bitcoin mining pilot program. The resolution was approved to start operating three Antminer S9 Bitco...
Tag: Mining
Non-renewable Crypto and Bitcoin mining to be stopped for 2 years in New York
Bitcoin mining machines will soon be banned in New York state Specialists express law and order and modest power in the US are a draw for bitcoin diggers They use energy-swallowing PCs competition ...
Fort Worth to Mining Bitcoin in City Hall: Mayor intends to Transform texas into a Tech-Friendly City
Fort Worth mayor Mattie Parker and the city of Fort Worth announced on Tuesday that the city is now the first in the United States to mine bitcoin. The city of Fort Worth has collaborated with the Tex...
CleanSpark Borrows Against Bitcoin Mining Rigs to Get $35M for More Mining Rigs
Bitcoin miner CleanSpark has agreed to borrow up to $35 million from Trinity Capital to purchase more mining equipment. The three-year financing agreement has been secured by 3,336 new S19j Pro Bitcoi...
Bitcoin Mining Difficulty Hits Record High
The mining difficulty of the world’s largest cryptocurrency, Bitcoin has reached a lifetime high of 29.79 trillion. Bitcoin has withstood an onslaught of sellers as it calmly rose to $39k despite a ch...
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
“With our mining operations at Helios [the company’s flagship mining facility located in Dickens County, Texas] expected to commence in May, along with the development of custom mining machines ...
New York Assembly passes two-year crypto mining moratorium bill
The New York State Assembly voted to pass a bill that will essentially freeze current levels of crypto mining carbon emissions until the state can act on a comprehensive impact study. The bill passed ...
Nature’s Vault Offers an Environmental Solution for Gold Mining
Nature’s Vault is launching its website on the 27th of April 2022 to promote its vision of unlocking the value of Natural Capital using preservation instead of exploitation. Nature’s Vault utilizes b...
60% of Bitcoin’s mining sector has adopted sustainable energy: BMC
Bitcoin (BTC) mining companies are becoming more environmentally conscious, with the global Bitcoin mining industry increasing its sustainable energy mix by 59 percent year over year. According to the...
Fort Worth to Become the First U.S. City to Commence Bitcoin Mining – crypto.news
The city of Fort Worth, Texas is getting into the bitcoin mining business in an effort to position itself as a leader in the crypto industry. The city will conduct a six-month trial period to gain ind...
New York State Assembly votes to pause crypto mining
Whenever passed, the bill would put a ban on verification of work crypto digging for somewhere around two years The bill will impose a two-year moratorium on new crypto mining firms One ecologically d...
Fort Worth: First US City to Carry Out Bitcoin Mining
A Texas city plans to start mining the crowned cryptocurrency Bitcoin (BTC). The three Bitmain Antminer S9 mining rigs donated by Texas Blockchain Council will be utilized to mine BTC. Add...
Riot Blockchain to Develop 1GW of Bitcoin Mining Capacity in Texas
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
BTC mining efficiency grew by 63% from 12.6 to 20.5 EH per GW, but…
On 25 April 2022, the Bitcoin Mining Council (BMC) released a report that provides the findings related to a survey conducted by the organization. The findings focused on the three major metrics of el...
Bitcoin Mining Difficulty To Hit ATH Soon, What Does It Mean?
Bitcoin mining difficulty is expected to jump 4.51% to hit a record high of 29.50 T in the next few hours as adoption increases. The current difficulty on the entire Bitcoin network is 28.23 T and the...
Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 Trillion – Mining Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Fort Worth becomes first U.S city government to launch Bitcoin mining project
TL;DR Breakdown Fort Worth is the first city government in the United State to mine Bitcoin. The City’s Mayor expects the project to put the suburban town on the global map. The mining site is located...
Sustainable Energy Mix Rose By 59% In A Year Among BTC Mining Firms: Here’s Why
With the increase in the sustainable energy mix by around 59% year over year, the adoption of green energy has also increased among Bitcoin(BTC) mining companies. The Bitcoin Mining Council (BMC) cons...
New York State to Halt Non-Renewable PoW Mining for Two Years
The New York State Assembly has imposed a two-year moratorium on proof-of-work Bitcoin mining citing environmental concerns. The bill will halt the expansion of mines using non-renewable energy. An as...
New York Assembly passes bill to temporarily ban Bitcoin mining
The New York State Assembly has passed a mining moratorium bill to pause all crypto mining development for two years. The essence of the moratorium is to give the state enough time to examine the impa...
Bitcoin mining startup Blockmetrix secures $25M from BankProv and CrossTower
Blockmetrix, a US-based Bitcoin mining startup that’s experienced massive growth since its launch in 2021, has secured a $25 million debt facility to expand its operations via the purchase of addition...
New York blocks new crypto mining farms that rely on fossil fuels
The New York State Assembly has passed legislation to block new crypto mining farms that use fossil fuel as an energy source. Existing crypto mining farms and those that use renewable resources are ex...
New York Passes Bill To Ban Proof-Of-Work Crypto Mining
The New York State Assembly has passed a bill that would ban all new proof-of-work (PoW) cryptocurrency mining for two years. The bill was sponsored by Anna Kelles and will be brought to the State Sen...
Solar panels and cryptocurrency mining with the SunMining platform!
The number of mining farms is on the rise and the number of people who want to earn money by crypto-mining is growing exponentially. However, you need to prepare in advance for large electricity bills...
Fort Worth Could Start Mining Bitcoin in ‘Crypto-Friendly’ Bid
The Fort Worth City Council may begin mining Bitcoin on loaner rigs from the Texas Blockchain Council. The vote, scheduled for tomorrow, would officially declare the city “crypto-friendly” and set up...
Bitcoin Moving To Greener Pastures? 60% Of Mining Is Now Sustainable
Bitcoin is finally moving away from what many consider its Achilles heel, its reliance on non-renewable sources of energy. According to the Bitcoin Mining Council’s latest quarterly survey, the bitcoi...
City of Fort Worth votes in favor of Bitcoin mining program
Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council. In a Tuesday city council meeting, Fort Worth approved a resolution to start running th...
Bitcoin Mining Council Publishes Q1 2022 Survey Results, Confirming key Improvements
A recent Bitcoin Mining Council Survey shows that its constituent mining companies and other survey participants use 64.6% sustainable power to run their operations. Bitcoin miners, representing 100.9...
Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home
Proof-of-Work (PoW) mining is long tagged as a venture that is only profitable for institutional miners. The belief is that unless a miner has hundreds of mining machines in a specified location with ...
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022 – Mining Bitcoin News
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25,...
Survey Reveals Use Of Sustainable Energy In Bitcoin Mining Remained Above 50% For The Fourth Quarter In A Row ⋆ ZyCrypto
Advertisement     The Bitcoin Mining Council (BMC) survey reports that Bitcoin has become significantly more efficient and environmentally friendly. It is the fourth t...