For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of 6 consecutive positive difficulty adjustments, in...
Tag: Mining
Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite
Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative ...
New York Bitcoin mining moratorium bill garners more support
A New York State proposal to suspend fossil fuel-powered proof-of-work mining for three years across the state has gained support from two more Assembly members. Members Amy Paulin and Ken Zebrowski h...
Genesis Digital Plans a 100% Clean Energy Mining Center in Sweden
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 ...
Report: Crypto Mining Will Double in About Six Years
Despite heavy calls from environmentalists to end the practice, it doesn’t look like crypto mining is leaving us anytime soon. In fact, it appears that the space is going to get even bigger in the com...
Biden Loves Intel’s Plan To Produce Semiconductors. What About Bitcoin Mining?
Intel played a big role in President Biden ’s State of the Union address. He highlighted the company’s plan to manufacture semiconductor chips in Ohio, and said, “Make more cars and semiconductors in ...
Malaysian Police Shut Down 3 Crypto Mining Operators Over Alleged Electricity Theft
With electricity theft becoming more common in Malaysia for cryptocurrency mining, the Malaysian police shut down three cryptocurrency mining operations in Klang on Thursday. In a joint operation with...
Lapsus$ group threatens to unleash Ethereum mining limiter disabler
The hacker group Lapsus$ allegedly stole 1TB of data The hackers gave Nvidia a Friday deadline to meet their demands The company says it is now working to analyze the information that was stolen The r...
Mining exec explains how Bitcoin is converging with the oil and gas industry
Episode 15 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Justin Ballard, CEO & Founder at Jai Energy. Listen below, and subscribe to The Scoop on Apple, Spotif...
European Union: eliminated the “ban” on Bitcoin mining
A few weeks ago, a proposal was made to add a rule to the Markets in Crypto Assets (MiCA) legislative package being discussed in the European Parliament to attempt to restrict Proof-of-Work (PoW) in t...
Intel Bonanza Crypto Mining Chip Rivals ASIC Market Leaders
The new second-generation ASIC crypto mining chips from Intel may well rival, and in many cases beat, existing leaders in the market. Intel, the semiconductor giant, recently stepped onto the crypto i...
Nvidia hackers selling software unlock for graphics card crypto mining limiters
A hacking group that infiltrated Nvidia servers last month is attempting to sell software that could unlock crypto mining hash rate limiters on the firm’s flagship graphics cards. A South American hac...
EU Revises Legislation Targeting Proof-of-Work Crypto Mining
Key Takeaways A European law that proposes restrictions on environmentally unsustainable consensus mechanisms has been revised. That law could have conceivably restricted the use of Bitcoin and other ...
HeliumRent Launches a New Way To Rent Helium Mining Hotspot To Bolster Cloud Mining Profitability
March 1, 2022 – Hong Kong, Hong Kong As more people begin to explore the realm of cryptocurrency, a new, fast-growing startup is helping people mine for Helium with minimized risks. HeliumRent offers ...
Helium Rent Launches A New Way To Rent Helium Mining Hotspot To Bolster Cloud Mining Profitability
Hongkong, Hongkong, 1st March, 2022, Chainwire As more people begin to explore the realm of cryptocurrency, a new, fast-growing startup is helping people mine for Helium with minimized risks. HeliumRe...
Nvidia Hackers Are Selling Ethereum GPU Mining Workaround
The hackers behind last week’s Nvidia data breach claim to have a customized driver that unlocks the limitations on the GPU manufacturer’s graphics cards that prevent them from being used ...
How Does Bitcoin Mining Work And Is It The Best Option To Earn BTC?
Bitcoin mining remains an appealing option for newcomers who want to earn BTC. Although the process requires tremendous upfront investments to be competitive, many entities continue to explore these o...
Bitcoin Mining More Damaging To The Environment After China Ban, Study Says
The China bitcoin mining ban that took place mid-last year was no doubt a heavy blow to the space. It saw the hash rate from the region which was once termed the mining capital of the world crumble to...
Know how China Mining Ban had increased Bitcoin’s Carbon Footprint
Beijing’s crackdown on the crypto mining business has increased Bitcoin’s carbon footprint. According to the survey, the percentage of renewable energy utilized to power mining activities has dropped...
Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days – Mining Bitcoin News
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days ...
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims – Mining Bitcoin News
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-frie...
Intel CEO unveils the Bonanza Mine crypto mining chip
The CEO of Intel, Pat Gelsinger, seems to be venturing into Bitcoin mining despite slamming the activity just a few days ago over high energy consumption. Gelsinger noted that Bitcoin mining was a “cl...
Permit For A Crypto Mining Plant In New York Has Been Delayed Due To Environmental Concerns
Six more crypto miners were targeted by the senator, who questioned their energy consumption. Greenidge said on January 16 that its bitcoin mining operations in Dresden had been temporarily paused the...
In Canada, Bitfury Has Established A Bitcoin Mining Facility
Blockchain has the capacity to connect all types of data in a decentralised network. It has the power to build massive, frictionless, decentralised human networks. The blockchain and cryptocurrency te...
NFT, Cryptocurrency Mining, And What Will Be The Next
Investing in digital art is one of the hottest and most discussed trends in the field of intellectual property. Not only popular artists or singers began to earn money in the virtual world, but also t...
Ethereum Mining Pool Ceases All Services to Russia
The fifth-largest Ethereum mining pool – Flexpool – announced it will no longer provide services to customers in Russia. By doing so, the entity opposed Putin’s military operation and showed solidarit...
Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia – Mining Bitcoin News
With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashp...
Russia-Ukraine Conflict May Hit Bitcoin Mining; Here’s Why
The crypto mining industry faces renewed disruption as the Russia-Ukraine conflict threatens to upset the supply of materials crucial to semiconductor manufacturing. The industry is still reeling from...
Eurasia Mining stock jumps 33% as sanctions on Russia spare it: here is where to buy it
The price of Eurasia Mining stock has jumped by a whopping 33.72% today after it was spared by the new sanctions against Russia for invading Ukraine. There were fears that the operations of the compan...