29 / 37 Relevant items tagged with #BitcoinMining
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Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas
[Jun 3, 2023 3:30 AM] On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid location in Texas. 360 Mining…
Bitcoin Is Becoming Greener At An Unexpected Pace, Good For BTC Price?
[Jun 2, 2023 2:00 PM] Bitcoin, the world’s most valuable cryptocurrency, is going green, and the pace at which the network has reduced its carbon emissions in the past three years has been noted by climate activists. Nonetheless, how this could impact BTC prices and…
Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software
[Jun 2, 2023 12:15 PM] The miner's bitcoin production per unit of computing power was low in April.
Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
[Jun 1, 2023 1:30 PM] On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per…
Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted
[Jun 1, 2023 11:50 AM] Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee.
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
[Jun 1, 2023 7:00 AM] CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Washington Ignored Crypto for Now. That’s Good for Bitcoin.
[May 31, 2023 10:00 AM] A huge tax on BTC miners didn’t make it into a deal to resolve the battle, and a separate provision might actually (unintentionally) help them.
Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?
[May 31, 2023 6:00 AM] This is an opinion editorial by Level39, a researcher focused on Bitcoin, technology, history, ethics and energy.Did The New York Times manipulate aerial drone photography for its recent article attacking Bitcoin mining, in order to make the air in…
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
[May 30, 2023 1:30 PM] After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining…
Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee
[May 30, 2023 1:09 PM] The legislation would have capped the industry's participation in demand response programs.
Bitcoin Miners Receive Inflows Of 7,000 BTC, What Does It Mean?
[May 30, 2023 10:30 AM] On-chain data shows that Bitcoin miners have recently received net inflows of about 7,000 BTC. Here’s what this may mean for the asset. Bitcoin Miner Netflow Has Registered A Large Positive Spike As an analyst in a CryptoQuant post pointed…
What the ‘anti-mining bill’ means for the crypto industry in Texas
[May 30, 2023 8:31 AM] The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
[May 30, 2023 7:36 AM] Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping
[May 30, 2023 7:21 AM] The difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue.
US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s
[May 29, 2023 1:30 PM] Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC) machines from…
Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence
[May 26, 2023 3:15 PM] Diluted net loss per American depositary share in Q1 2023 stood at $0.51, down from $0.55 in the previous quarter.
Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
[May 26, 2023 5:00 AM] The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
[May 25, 2023 6:57 PM] The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.
Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
[May 25, 2023 1:58 PM] Bitcoin miners might find non-mining AI applications too tantalizing to pass up.
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
[May 25, 2023 11:05 AM] BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks.
Introducing The Rolling-Block Method: A New Way To Forecast Bitcoin Mining Difficulty
[May 25, 2023 6:00 AM] Since Bitcoin’s inception, network difficulty has grown from 1 to as much as 48.71 trillion hashes that a miner would theoretically need to generate to find the winning one. This means it is 48.71 trillion times harder to mine a Bitcoin block today…
Bitcoin Just Got Invaded By A “Big, Unknown Miner,” What’s Happening?
[May 24, 2023 5:00 PM] Bitcoin, the world’s largest cryptocurrency network whose coin, BTC, is the most valuable, seems to have been invaded by an unknown miner. And the community has the new guest on their radar. Unknown Miner Dominates In the last few hours, the…
Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners
[May 24, 2023 6:06 AM] Miners will be scored on their use of clean energy and grid impact.
Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent
[May 23, 2023 1:34 PM] Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour's mining firm.
The Bitcoin Mining Debate Is Ignoring the People Most Affected
[May 23, 2023 11:05 AM] Environmentalists and anti-mining lawmakers debating bitcoin mining facility Greenidge Generation’s impact use rhetorically persuasive arguments that aren’t backed by reality. But so do the bitcoiners supporting the powerplant-turned-mining…
How To Figure Out If You Should Start Mining Bitcoin
[May 23, 2023 6:00 AM] This is an opinion editorial by Keaton Reckard, the community engineer at Hiveon, a mining ecosystem that includes an operating system for Bitcoin mining hardware.Bitcoin mining refers to the process through which new bitcoin is introduced into…
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
[May 21, 2023 11:30 PM] A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company…
Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development
[May 21, 2023 2:50 PM] Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."