As a decentralized encryption network, so as to ensure security, decentralization, and anonymity, blockchain must use encryption technology to process all activities on the chain. The so-called mining...
Tag: Mining
ExxonMobil Running Pilot Project to Supply Flared Gas for Bitcoin Mining: Report
In 2019, ExxonMobil and ConocoPhillips were among the founding members of the OOC Oil & Gas Blockchain Consortium, a group of energy companies looking to establish “key blockchain standards, frame...
Exxon pilot project uses wasted flare gas for crypo mining: report
advertisement Exxon is reportedly diverting some of the natural gas it has no use for to power crypto mining operations, with a pilot program in North Dakota. The oil and gas behemoth has partnered wi...
7 Wild Bitcoin Mining Rigs
This has potential to be the wildest rig in history. El Salvador’s bitcoin-happy president, Nayib Bukele, announced that its Conchagua volcano, which emits geothermal energy, would soon power a bitcoi...
Is a New Form of Mining the Key to Blockchain Technology?
CRYPTO… Crypto.. crypto! The demand for cryptocurrencies has taken over planet earth and now we’re aiming for the moon too! Cryptocurrency market capitalization has already surpassed $3 trillion. This...
AMC Stock on Upward Trajectory Climbing More Than 30% after Mining Investment
Movie theater giant AMC is currently experiencing this demand surge following investment in a gold & silver mining firm. AMC Entertainment Holdings (NYSE: AMC) stock is on the rise, surging furthe...
ZKSpace launches new mining campaigns for cryptocurrency and NFT holders
ZKSwap and ZKSea jointly brings three mining reward campaigns to users, with a newly developed NFT Boost feature to further reward our community. Millions of ZKS tokens have been allocated for these c...
Kazakhstan police continues to shut crypto mining operations
Crypto mining operations is one of the most profitable businesses that has attracted many. However, due to crackdowns on the industry many of the miners have to relocate themselves. After the Chinese ...
The Future of Mining Finance: Time to Get Creative
The main reason investors put their money into public crypto mining equities is because they act as a proxy for investing in bitcoin, given that many institutional investors remain hesitant to invest ...
US Bitcoin Mining Firm Utilizes Harmful Coal Waste To Generate Energy For Mining
Stronghold Digital Mining (SDIG), a crypto mining firm in Pennsylvania, in quite a unique way, is powering hundreds of mining rigs by turning waste from old power plants into energy. The mining ...
Mining Industry Not That Worried by SEC’s Proposed New Climate Reporting Rules
The SEC’s proposal will be open for public comment for at least two months before the agency will begin its work on a final rule. However, if the proposal requires companies to report more detailed em...
New York State wants to ban bitcoin mining
A new draft of a bill to ban Bitcoin mining in New York State for two years was approved yesterday by members of the State Assembly’s Environmental Conservation Committee. The bill to ban Bitcoin min...
New York Bill to Ban Bitcoin Mining Passes Senate Environmental Committee
Members of the New York State Assembly’s Environmental Conservation Committee voted to continue with legislation that would ban Bitcoin’s proof-of-work (PoW) mining operations in the state for a perio...
Court Says Bitcoin Mining Isn’t Illegal But Is Inimical To The Current Environmental Rules ⋆ ZyCrypto
Advertisement     A Chinese court has stated that cryptocurrency mining is not illegal. The judge clarified that mining runs contrary to the existing environmental reg...
US Bitcoin mining firm turns to harmful coal waste for cleaner energy
Stronghold Digital Mining (SDIG), a crypto mining company in Pennsylvania, is turning waste from old power plants into energy to power hundreds of Bitcoin mining rigs. The company collects coal refuse...
US Lawmakers Tip Crypto Mining As Key To Energy Independence ⋆ ZyCrypto
Advertisement     Pete Sessions believes Bitcoin mining can help the US achieve energy independence. It comes as the conflict in Europe has pushed gas prices higher. T...
Coal Waste for Mining Bitcoin – Here’s How This Company Is Changing the Narrative
Stronghold Digital Mining has found a diverse usage for the by-product of coal in a move that will make crypto mining critics rethink. The residue from coal will be used to mine Bitcoin while saving t...
New York’s revamped crypto mining moratorium is not a ban, but it is moving forward
New York lawmakers have advanced a proposed law that aims to rein in the state’s expanding crypto mining industry. The State Assembly’s Environmental Conservation Committee advanced a prop...
Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining – Mining Bitcoin News
Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the lat...
The EU Votes to Keep Crypto Mining in Place
It looks like bitcoin and crypto fans in countries that are part of the European Union (EU) can breathe a sigh of relief today as the continental organization has voted against banning bitcoin mining ...
Bitdeer and BitFuFu to Test US Stock Market’s Crypto Mining Appetite
Both Bitdeer and BitFuFu could be seen as “fully valued” compared to current publicly listed miners because of their “incredible” growth rate, superior profit margins and tight relationships with mini...
New York legislators weigh moratorium on crypto mining, while some look to an executive order from the governor
New York state lawmakers will discuss a bill proposing a two-year moratorium on proof-of-work crypto mining on Tuesday. The New York State Assembly’s Environmental Conservation Committee is hold...
Bitcoin Mining Will be Beneficial for America’s Energy Independence
Pete Sessions – Congressman representing Texas’ 17th Congressional District – claimed bitcoin will be a stimulating factor in rebuilding the USA’s energy independence. Among the supporters of his opin...
Texas Congressman Pushes For Bitcoin Mining To Make US ‘Energy Independent’
US Congressman Pete Sessions believes bitcoin is consistent with American ideals and will help boost the US dollar. Rep. Sessions also pointed out that cryptocurrency “is going toward becoming a more ...
Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining
Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports. Stronghold Digital Mining said it would harvest the byp...
U.S. Senator Cynthia Lummis Sees Bitcoin Mining Boosting The U.S. Energy Industry
The relevance of the nascent Bitcoin industry keeps getting new highlights for its potential, which suggests that it will transcend just being a payment network or store of value. For some US Congress...
Bitcoin mining could be good for US energy independence: Research
Republican Congressman Pete Sessions from Texas has come out with a bold statement about the impact Bitcoin mining will have not just on his state but on the United States as a whole. The Texan repres...
Texas Congressman Endorses Bitcoin Mining for US ‘Energy Independence’
In brief Bitcoin mining companies are flocking to Texas. Global fuel prices have risen in the wake of Russia’s war against Ukraine. Rep. Pete Sessions wants Texas Bitcoin mining to be a key comp...
Bit Nile Holdings Establishes Crypto Mining Department
Diversified holding company Bit Nile Holdings, Inc. is creating a whole new division called Bit Nile Mining Solutions that will focus on self-mining bitcoin. Bit Nile Looks to Be a Crypto Mining Solut...
EU shuns mining ban, Fed hikes rates and BAYC goes APE for ApeCoin drop | Daily News| OKX Academy
Meanwhile, ConsenSys raises $450 million, and Terra cofounder bets big on LUNA’s future price. From European parliamentarians rejecting a ban on proof-of-work mining to a windfall airdropped to the Bo...
Introducing CoinDesk’s Mining Week
Over the course of Mining Week (March 21-25) we’ll be publishing feature articles, explainers, opinion pieces, data visualizations, videos, podcasts and other content that explores this dynamic, fasci...
What Does a Crypto Mining Farm Look Like? Striking Photos From Siberia to Spain
Crypto mining comes in many shapes and sizes, from mega mines under the blazing Texas sun to small facilities nestled in Italy’s snowy Alps. CoinDesk reporters traveled across Europe, Asia and North A...