The Vice-Chair of the European Securities and Markets Authority, Erik Thedéen, recently suggested a ban on proof-of-work mining in the EU. Electricity usage for crypto mining was increasing. So much s...
Tag: Mining
Behind the Scenes of Kazakhstan’s Political Crisis. Can Crypto Mining Survive There?
Kazakhstan has been in the crypto news a lot lately. On the surface, we know that it’s a Central-Asian nation with cheap electricity that became the world’s second-largest center for crypt...
new record for the difficulty of mining- The Cryptonomist
Bitcoin mining difficulty has reached its all-time high. In fact, a few days ago, it rose to over 26.6TH/s, which is the highest value ever. Record for the difficulty of Bitcoin mining Suffice it to...
Bitmain-Backed Crypto Mining Company Reaches $1.5 Billion SPAC Merger To Go Public
Leo Lu, founder and CEO of BitFuFu. Courtesey of BitFuFu Cryptocurrency mining services company BitFuFu, backed by industry giant Bitmain, is slated to go public in the United States by merging with a...
ChickenFast: Reliable and Advanced Cloud Mining Service Provider
ChickenFast is an easy-to-use Bitcoin cloud mining service. In other words, it is a cloud-based Bitcoin mining cluster. It employs a CHK&I patent algorithm that automatically allocates computer re...
Behind the Scenes of Kazakhstan’s Political Crisis – Can Crypto Mining Survive There?
HodlX Guest Post Submit Your Post Kazakhstan has been in the crypto news a lot lately. On the surface, we know that it’s a Central Asian nation with low-cost electricity that became the world’s sec...
Bitcoin Miners In Kosovo Sell Mining Equipment Causing Panic After Federal Ban
Europe’s country Kosovo bans cryptocurrency and Bitcoin mining due to spiking energy prices and blackouts. Amid the crack-down against Bitcoin mining, miners within the country have started selling of...
Bitcoin Mining Destinations: Top 5 to Watch
Bitcoin mining destinations: BeInCrypto takes a look at five to watch, as China moves out of the mining limelight. 2021 was a big year for Bitcoin. The year started off with the currency hovering aro...
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position – Mining Bitcoin News
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide....
Bitcoin network mining difficulty hits record highs of 26.643 trillion
The Bitcoin mining difficulty recently reached an all-time high. This comes as Bitcoin mining reaches full recovery after being greatly affected in May and June last year after China imposed a mining ...
Russia’s Central Bank to Ban on Crypto Mining and Trading
Russia, one of the world’s most crypto influential nations, announced its intentions to regulate these digital currencies. The Russian Central Bank recently proposed a ban on crypto mining and trading...
Bitcoin records all time high mining difficulty rates as innate fluctuations continue
The Bitcoin network records its highest mining difficulty of 26.643 trillion. Data suggest another all time high in 12 days, reaching approximately 26.70 trillion. F2 pool becomes the highest contri...
Vortex Brands Purchases Additional 8 S19j Pros Crypto Mining Machines
Vortex Brands Co, a Bitcoin mining firm in the US, announced the purchase of additional 19j Pro machines for its Bitcoin mining operations. The crypto company therefore increases the total number of i...
How Bitcoin Mining Works
TL;DR Bitcoin mining is the process of discovering new blocks, verifying transactions and adding them to the Bitcoin blockchain. Each time a new block is discovered, the successful miner is granted th...
OKO Miners Announces Attractive Deals on Several Mining Products
Jersey, United Kingdom, 24th January, 2022, Chainwire OKO Miners is one of the largest cryptocurrency mining equipment resellers on the market. OKO’s mission is to guide users in choosing the best blo...
The Geforce RTX 3050 is not suitable for Ethereum mining
The next graphics card that Nvidia will put on the market, namely the GeForce RTX 3050, will not be suitable for Ethereum mining. The specifications of the Nvidia Geforce RTX 3050 card It is schedule...
Armenian decommissioned power plant to host crypto mining farm
Crypto mining operators will be invited to host their operations in an Armenian decommissioned thermal power plant The authorities planned to rent out the station at a Commission for Regulation of Pub...
46% Of Bitcoin Mining Network Now Use Sustainable Energy, Confirms Bitcoin Council ⋆ ZyCrypto
Advertisement     Bitcoin mining now appears highly sustainable in terms of energy consumption contrary to previous criticisms, with the latest data from the Bitcoin M...
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines – Mining Bitcoin News
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s). The new model is calle...
BTC mining difficulty continues despite liquidity
BTC is the largest crypto but continues to suffer from mining difficulties It plunged by the largest share on record as miners shut down their equipment The major mishap did lead to a significant re...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits – Mining Bitcoin News
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s...
Russia mulls over legalizing crypto mining and stablecoins
`TL;DR Breakdown Vladimir Gutenev suggests gold-backed Russian stablecoin in place of an outright crypto ban. The legislator believes that the stablecoin and mining legalization would significantly be...
Bitcoin mining difficult spikes by 9% to all-time high
Bitcoin has been recording notable dips in terms of price. However, the mining difficulty level has recorded a spike despite the prices suffering from these dips. The mining difficulty has increased b...
Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading
Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an iro...
NIMBYism Is Global, And That’s A Problem For The Energy Transition
TOPSHOT – Demonstrators block a highway to protest against Anglo-Australian company Rio Tinto’s … [+] plan to mine lithium in the country, in Belgrade on December 4, 2021. – Th...
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms – Mining Bitcoin News
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The TPP will be decommissioned and the government intends to rent it out to indus...
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says – Regulation Bitcoin News
Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russ...
Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining....
BTC Mining Difficulty Hits All-Time High
In addition to a sharp plunge in its price, BTC saw a spike in its mining difficulty level. The number increased by almost 9% within 24 hours yesterday. Earlier this month, the Bitcoin hash rate toppe...
The House Hearing On The Environmental Impacts Of Cryptocurrency Mining ⋆ ZyCrypto
Advertisement     The House is set to take an in-depth look into the environmental impacts of Bitcoin mining. The Memo cites the data provided by Statista and Digicono...
Bitcoin mining difficulty increased today, hitting a new ATH
After Bitcoin total hash rate hitting a new all-time-high on December 3rd, the protocol has automatically adjusted the mining difficulty as shown by the latest data from analytics service Glassnode. T...