The entire cryptocurrency market at press time is bleeding profusely. The total market capitalization declined by almost 11% over the past 12 hours. The massive slump resulted in a loss of around $233...
Tag: Mining
Sustainable Bitcoin Miner, Merkle Standard Buys 13,500 BITMAIN Mining Rigs for Eastern Washington Flagship Site – Press release Bitcoin News
press release PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited....
Bitcoin Mining Difficulty Hits New All-Time High
Bitcoin mining difficulty surged by 9.32 percent in the early hours of January 21, 2022, to hit a new all-time high of 26.64 trillion. Observers have attributed the increase to the resumption of minin...
This mining stock will outperform the S&P 500 in 2022
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
Bitcoin Mining Difficulty recorded the highest jump of over 9%
Despite stopping and excluding mining activities in many major countries, neither competition among miners nor difficulty seems to minimize. Recent Bitcoin mining difficulty experienced 9.3% of growth...
Bitcoin Hash Rate and Mining Difficulty at ATH
While bitcoin’s price went through another steep correction in the past 24 hours, the network’s robustness only increases. The BTC hash rate recently tapped a new all-time high, while the mining diffi...
Georgian Citizens made to swear oath to stop mining cryptocurrencies
Residents of Svaneti in Georgia were seen crowding at a church to take oath against mining of cryptocurrencies This comes as a consequence as major citizens moved to mining cryptocurrency from a tou...
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward – Mining Bitcoin News
Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mi...
Moscow’s likely trading and mining ban is souring global crypto sentiments
It reports are to be believed, the central bank of Russia is mulling a ban on both crypto trading and mining. As per the recently released consultation paper, Moscow has outlined the risks associated ...
Bitcoin Mining Company Bitfarms Purchases 1,000 Bitcoin
During the first week of January 2022, a Nasdaq-listed Bitcoin mining firm bought 1,000 Bitcoin. Thus, increasing the number of Bitcoins the company holds to 4,300 BTC tokens. In a report released on ...
LendInvest chair Faes to set up crypto mining operation in Texas
Christian Faes, co-founder and executive chair of London-listed fintech firm LendInvest, has quietly set up a crypto mining operation into which he and a small group of investors have poured tens of m...
Bitcoin Mining Difficulty Reaches New ATH, Here’s How It Affects Crypto Market
Arman Shirinyan As mining difficulty and hashrate on the network increases, you may have noticed an unpleasant correlation As reported by Glassnode analytics, the mining difficulty of the Bitcoin net...
Bitcoin Mining ‘Is a Perfect Battery’: Why Foundry Insists Green Activists Are Wrong
In brief Bitcoin mining’s migration to North America has raised scrutiny of its environmental impact. Mining giant Foundry claims the industry is accelerating a move to renewables. The issue has...
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining – Regulation Bitcoin News
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A cons...
Bitcoin Mining Difficulty Sets New All-Time High
Mining difficulty on the Bitcoin network increased by 9.32% and hit an all-time high of 26.64 trillion on Jan. 21, at 3:07 UTC, beating the previous record set on May 13, 2021. The difficulty is autom...
Central Bank of Russia Intends to Ban Crypto Mining and Activities
The Central Bank of Russia (CBR) is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities. In a...
No fireworks at House’s Bitcoin mining hearing, but pending climate bills could home in on crypto
In a much-anticipated hearing earlier today, Congress heard testimony on cryptocurrency mining. Despite standing criticisms of environmental impacts and energy usage, the hearing saw remarkably little...
Digging Into The Data Of Bitcoin Mining Decentralization
The Bitcoin mining landscape has undergone shifts over the past year due to China’s crackdowns. Here’s some data that shows how decentralized the BTC network currently is. State Of Decentralization On...
Eternal oath of Georgia citizen to stop crypto mining
Residents of Svaneti, Georgia, have reportedly been forced to take a holy swear not to mine cryptocurrencies in order to address energy issues caused by Bitcoin mining. An eternal oath was signed in o...
Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto
On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory. In the report, the Central Bank of the Russian Feder...
Intel’s ASIC crypto mining to help claw back lost customers
Crypto mining enable Intel’s ASIC to lead from the front for miners Designed for specific use-cases for advanced chips in the manufacturing process Crypto mining revenue range from $1 billion to $1....
Jack Dorsey Seeks to Bring BTC Mining to All
Jack Dorsey – the CEO of Block, formerly known as Square – has emerged to say that his firm is moving forward on plans to develop an open bitcoin mining system. Jack Dorsey Wants a World Where Everyon...
Sustainable Bitcoin Mining: Will Tesla Rehabilitate Payments?
According to the Bitcoin Mining Council‘s Q4 2021 report, Bitcoin mining would now be largely sustainable. Q4 #Bitcoin Mining Council Survey Confirms Improvements in Sustainable Power Mix and Technol...
Russian central bank proposes blanket ban on crypto mining and trading
In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: trends, risks, meas...
Proof-of-Work (PoW) crypto mining ban looms large on Europe
Proof-of-Work (PoW) mining of cryptocurrencies might face a ban according to EU securities regulator Climate change goals will be seriously affected with the crypto’s risks Decentralized nature of B...
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining – Mining Bitcoin News
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed ...
ESMA vice-chairman calls for ban on proof-of-work crypto mining
In an interview with Financial Times Vice-chairman of European Securities and Markets Authorities (ESMA) Erik Thedèen urged EU regulators to restrict the usage of the proof-of-work model while mining ...
Intel to Unveil an Energy-Efficient Bitcoin Mining Chip
Intel, the globe’s 2nd largest semiconductor chip maker, seems to be preparing to unveil a Bitcoin mining chip. This same organization does have a demonstration planned under the “Highlighted Chip Rel...
Is Intel on its way to making Bitcoin Mining energy efficient?
Semiconductor and microchip giant Intel is set to disrupt the crypto world with a step that will make a drastic change in current mining scenarios of Cryptocurrencies, especially Bitcoin. In February,...
Update: Intel’s Bitcoin-Mining Chip “Bonanza” Bags Mining Startup As First Client
According to FOX Business, Bitcoin mining company GRIID has secured a partnership with Intel, the world’s largest chipmaker, to mine Bitcoin using energy-efficient ways. GRIID, based in Ohio, is slate...
EU Market Watchdog Speaks Against Renewable Energy Mining for PoW
The Vice-Chair of the European Securities and Markets Authority (ESMA), Erik Thedéen, has taken an unpopular stance against the use of renewable energy for all Proof-of-Work (PoW) mining operations. I...