There have always been concerns regarding the Proof-of-Work consensus model’s environmental effects and energy consumption. Marathon Digital is one such company that is reconsidering the fact and is ...
Tag: Mining
Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources
Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. This is part of its efforts to reduce its c...
Kinross Gold to sell off 100% of its Russian assets to Highland Gold Mining
Kinross Gold Corp. KGC, K, +0.55% announced Tuesday an agreement to sell all of its Russian assets for a total of $680 million in cash to Highland Gold Mining. The Toronto-based gold miner said the sa...
Intel launches Blockscale for Bitcoin mining
Intel unveils Blockscale, new ASIC to be delivered starting in Q3 of the year Intel sets its sights on Bitcoin mining A couple of days ago Intel officially announced the launch of its new Blockscale ...
Bit Digital Taps BitMine Immersion Technologies to Enhance Bitcoin Mining Efficiency – crypto.news
On April 5, 2022, bitcoin miner Bit Digital and BitMine Immersion Technologies announced the signing of a letter that establishes a hosting relationship for mining equipment. The two companies agreed ...
Gryphon Digital Mining Cancels to Go Public via Reverse Merger with Sphere 3D
Gryphon Digital Mining, a privately held company that focuses on Bitcoin mining, announced Monday that it would not be going public through a reverse merger with Sphere 3D, a publicly-traded data mana...
Abkhazia Extends Crypto Mining Ban Till End of Year – Mining Bitcoin News
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction...
Bitcoin Mining Companies Zero in on Carbon-Neutrality Objectives
As global regulatory pressure mounts on Bitcoin mining, companies are looking to alleviate concerns by making their operations carbon-neutral. Concerns over the energy usage of proof-of-work cryptocur...
Intel Launches Second-Generation Bitcoin Mining Chip ‘Blockscale’
On Monday, Intel, a US multinational semiconductor chip maker corporation headquartered in California, announced that it has launched its second-generation Bitcoin mining chip, commonly known as “Inte...
Mining service firm Blockware Solutions to secure crypto with Ledger Enterprise » CryptoNinjas
Ledger Enterprise, the business division of crypto security company Ledger, a partnership with Blockware Solutions, a provider of crypto mining rig hardware procurement, mining rig colocation services...
Twitter debates the role of renewable energy in Bitcoin mining
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted th...
What specifications were brought along with the bitcoin mining chip of Intel: Blockscale?
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New Zealand Nationals Comes Out For Protest Against Latest Mining Facility
The latest hydropower data center in New Zealand has caused concerns among citizens. Some objections address the scarcity of domestic perks of this project. Residents were given assurance by Contact E...
Intel Launches New Energy-Efficient Chip for Bitcoin Mining
The newly developed processor for the proof-of-work algorithm can deliver up to 580 GH/s hash rate and can operate up to 26 J/TH power efficiency. The tech giant believes the new processing chip, Bloc...
Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site
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 ...
Oklahoma Sets Sights on Becoming America’s Crypto Mining Capital
Yesterday’s Senate hearing saw Republican Senator John Montgomery unveil a new bill aiming to make cryptocurrency mining an attractive business opportunity for Oklahoma. This bill, called the “Commerc...
Intel Officially Launches Its New Second-Generation Bitcoin Mining Chip
In addition to its support for 256 integrated circuits per chain, the chip is said to include “on-chip temperature- and voltage-sensing capabilities.” Semiconductor manufacturing titan Intel Corporat...
Gryphon Digital Mining Announced It No Longer Will Be Going Public Through Merger With Sphere 3D
Gryphon Digital Mining, a bitcoin mining operation that builds Bitcoin miners with zero carbon footprint, announced its plan to not go public with Sphere 3D, a publicly-traded data management firm, on...
Intel Reveals Its New Bitcoin Mining ASIC Chip, Blocksale – crypto.news
Intel announced through its newsroom the introduction of a new and better ASIC chip for bitcoin mining. This invention comes at a time where more computing power needs arises in the crypto world. Furt...
Guatemalan mayor mining Bitcoin for biogas
Bitcoin (BTC) community is destroying FUD and orange-pilling authorities remotely Carbon-negative Bitcoin mining has been achieved in Guatemala The local mayor has joined hands to be a part of the ...
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals – 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 ...
Intel launches energy-efficient Bitcoin mining chips
Intel has announced the launch of the “Intel Blockscale ASIC” mining chip. Intel had announced in February that it was developing this chip to focus on energy efficiency and speed. Intel launches ener...
Intel Launches Blockscale ASIC Mining Chip
Intel, the tech industry’s largest semiconductor chip manufacturer by revenue, has launched a new application specific integrated circuity (ASIC) designed for mining proof-of-work blockchains th...
Cudos And MELD Announce Team Up To Increase Crypto Mining
One of the remarkable things about the evolution of the blockchain sector in the last decade is that there is greater collaboration between the various sub-sectors in the industry. Concepts like DeFi,...
Gryphon and Sphere 3D merger scrapped but carbon-neutral mining continues
Despite the canceled merger between Gryphon Digital Mining and Sphere 3D, the two firms still intend on building out carbon-neutral Bitcoin mining operations. An April 4 joint statement from the two c...
Intel Blockscale ASIC, New Bitcoin Mining Chip Available Q3 2022
The newly-named Blockscale ASIC has been one of the year’s top bitcoin stories. A juggernaut like Intel entering the bitcoin mining space is huge, and the company’s low-energy PR strategy has worked. ...
U.K Government Sets Plans To Dominate The Crypto Space By Mining NFT
The UK government announced that it will be minting its non-fungible (NFT) token, which is part of its push toward dominating the crypto space. Finance Minister Rishi Sunak has asked Royal Mint to cre...
PrimeBlock, A Bitcoin mining company to go public via SPAC merger
PrimeBlock brought in $21.8 million in revenue through mining 356.8 BTC The company it will generate up to $98 million in annual revenue BTC Price at the time of writing – $46,268.04 The US-base...
Intel Launches New Bitcoin Mining Chips Focused on Sustainability
Intel today launched its “Intel Blockscale ASIC,” a second-generation Bitcoin mining chip announced in February. The chip features a 580 GH/s (gigahashes per second) hash rate, while consuming just 26...
Gryphon Digital Mining Ends Plans to Go Public Through Merger With Sphere 3D
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 ...