Amid Bitcoin (BTC) mining stocks such as Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences between BTC investment and investing in BTC-linked stocks. Ben ...
Tag: Mining
Bitcoin Mining Using Sustainable Power Reaches 64% as per Latest Report
7 hours ago | 2 mins read Editors News The mining sector is eager to prove that it has adopted cleaner energy sources. Michael Saylor, CEO of MicroStrategy, is also a member. This year, the Bitcoin (B...
Fort Worth Could Start Mining Bitcoin
BTC Price at the time of writing – $40,368.20 If passed Fort Worth begins mining Bitcoin as part of a six-month pilot program Texas legislature voted to approve the Virtual Currencies Bill in 2011 The...
Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City – Mining Bitcoin News
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort W...
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital – Mining Bitcoin News
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims...
Bitcoin Mining Ranked As One Of The World’s Most Sustainable
The Bitcoin Mining Council published the first report for 2022 on the state of the network and one of its most controversial aspects, energy consumption. Gathered by a voluntary survey, the data from ...
What’s in the New York bill poised to advance and ban crypto mining?
The cryptocurrency mining ban bill is getting more and closer to the state assembly in the US as it advances to New York In a nutshell, if once passed, the New York bill would ban the mining of proof ...
Sustainable energy usage for BTC mining grows nearly 60% in a year
Bitcoin (BTC) mining companies are further adopting green energy as the global Bitcoin mining industry increased its sustainable energy mix by approximately 59% year over year. The Bitcoin Mining Coun...
New York Crypto Mining Moratorium Bill Advances
A New York bill to place a moratorium on reactivation of fossil-fuel power plants for crypto mining has now advanced to Full Assembly. The new bill, reviewed on April 25 by the New York Assembly’s Way...
Weaker Crypto Mining Demand Sees GPU Prices Fall
Graphics processing units, popularly used for mining cryptocurrencies, are dropping in price, as Ethereum anticipates migrating to a proof-of-stake model. GPU prices have been falling, and one reason ...
New York legislators to vote on PoW mining moratorium this week
New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several cry...
Scaramucci’s SkyBridge Pivoting to Crypto; Files for Mining Fund
SkyBridge Capital founder Anthony Scaramucci said the investment firm is pivoting its focus towards digital assets. Scaramucci said that of the $3.5 billion SkyBridge has under management, nearly half...
GEMTrx – Cloud Mining on Tron Made Easy » NullTX
GEM-TRX Links Official Website: https://gemtrx.net/ Official Registration Link: https://gem-trx.com/share?code=344853 Company Introduction: https://www.youtube.com/watch?v=IOTBIUsWicA Official Faceboo...
Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions
Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury. According...
American Premium Water Corporation Acquires Crypto Mining Company CloudX
American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million. Under the terms of the agreement, s...
U.S. city of Fort Worth ponders mining Bitcoin as it strives to become ‘crypto-friendly’
As cryptocurrencies become more widespread, authorities around the world are starting to recognize the potential their mining could have for their communities, including the city of Fort Worth in the ...
US Congressman to Assess Environmental Impact of Mining Cryptocurrencies
Apr 25, 2022 at 12:30 // News Leading U.S. lawmakers and members of a select community concerned with water, ocean and wildlife want the environmental impact of cryptocurrency mining assessed. A total...
US Crypto Mining Company Plans to Sell $30M Worth Equipment in Russia to Dodge Sanctions
With the West leading the fight with sanctions, a US-based company – Compass Mining – is planning to sell around $30 million in Bitcoin mining equipment located in Siberia. The move to liquidate the B...
Is Skybridge Capital looking to start a bitcoin mining fund?
As per the sources, the fund already has generated $7 million and was created for investing in Genesis Digital Skybridge Capital has filed for creating a bitcoin mining fund at the United States Secur...
Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia – Mining Bitcoin News
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government ...
Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week – Mining Bitcoin News
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at ...
New York lawmaker proposes 2 year moratorium on power plants to stop growth of crypto mining
New York has become a battleground for crypto mining after lawmaker Anna Kelles submitted a proposal to “place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocur...
Crypto Mining Companies Strive to Utilize Renewable Energy
Several crypto mining firms are trying very hard to transition to renewable energy. Crypto Mining Energy Sources Are Still Points of Heavy Arguing The arguments surrounding crypto mining have been per...
On which cryptocurrency mining activities Iran is increasing penalties?
Middle Eastern country is up to increase the penalties on cryptocurrency mining activities that fall under several conditions Iran is planning to increase their penalties for cryptocurrency mining act...
Compass Mining to Liquidate $30 Million in Equipment to Avoid Sanctions
In efforts to avoid U.S. and U.N. sanctions, Compass Mining is looking to liquidate all its equipment in Russia in a massive sale that could roll northwards of $30 million. Compass Mining Inc, a leadi...
KyberSwap Launches on BitTorrent Chain With $1.5M in Liquidity Mining and Incentive Rewards – Sponsored Bitcoin News
sponsored Kyber Network and BitTorrent have announced the integration of KyberSwap with BitTorrent Chain (BTTC) as their 11th chain integration, with more than $1.5M in liquidity mining and trading in...
New York To Vote On Crypto Mining Ban Amid Heavy Backlash
The New York State Assembly is set to vote on a proposed ban on cryptocurrency mining in the state next week. The bill, which was approved by the lower house in March, faces widespread criticism in th...
The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?
The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or...
Bitcoin Firm Crusoe Energy Raises $505 Million to Grow Flare-Gas Mining Business
Don’t waste energy. That’s the idea behind Crusoe Energy Systems, which converts natural gas that would otherwise go to waste into power for Bitcoin mining. The U.S. firm today announced i...