[Dec 23, 2022 9:30 AM] As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining…
[Dec 21, 2022 9:30 AM] On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000…
[Dec 20, 2022 8:30 PM] The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds.
[Dec 20, 2022 2:30 PM] The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per…
[Dec 19, 2022 8:00 PM] With the price of bitcoin being so down, opportunities abound for bitcoin mining operations with structured cash and efficient operations.This is an opinion editorial by Ruda Pellini co-founder and president of Arthur Mining, an ESG-focused bitcoin…
[Dec 18, 2022 3:00 PM] Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around…
[Dec 15, 2022 11:00 AM] Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk.
[Dec 15, 2022 7:17 AM] Microsoft now requires users to obtain a written pre-approval from the firm in order to use Microsoft Azure for mining cryptocurrencies like Bitcoin.
[Dec 14, 2022 7:54 AM] Bitfarms has an initial period of 180 calendar days to have its shares trading above $1 for at least 10 days before June 12, 2023.
[Dec 14, 2022 6:30 AM] Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to…
[Dec 13, 2022 4:30 AM] On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the…
[Dec 12, 2022 2:43 PM] According to the mining firm, “inadvertently published materials” led to the suspension of trading of Argo Blockchain on the London Stock Exchange and Nasdaq on Dec. 9.
[Dec 12, 2022 1:30 AM] Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect telecommunications, leaving some of…
[Dec 10, 2022 5:30 AM] The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal…
[Dec 9, 2022 4:30 PM] The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.
[Dec 9, 2022 4:14 PM] A Friday operational update halted trading of the embattled bitcoin miner in the United Kingdom and United States.On Friday, the trading of shares of Argo Blockchain (NASDAQ: ARBK) was suspended in both the U.S. and U.K.Particular reasoning for the…
[Dec 9, 2022 10:38 AM] In its 2023 Market Forecast, Blockware Solutions highlighted bullish metrics, slowing ASIC advances and the global energy crisis.Blockware Intelligence, the research arm of Blockware Solutions, has released its 2023 forecast, which indicated, among…
[Dec 9, 2022 5:00 AM] Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use…
[Dec 9, 2022 1:30 AM] The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to…
[Dec 8, 2022 7:30 PM] The difficulty adjustment can decrease profits for miners as the difficulty increases just as newer, more efficient hardware is released.This is an opinion editorial by Alex, a bitcoin miner with Kaboomracks. It is important for individuals looking…
[Dec 8, 2022 3:17 PM] Last month, the provincial energy regulator was asked to reallocate 270 megawatts that was set aside for cryptocurrency mining.The Québec government’s utility company, Hydro-Québec, has requested the reallocation of 270 megawatts…
[Dec 8, 2022 1:00 AM] Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry…
[Dec 7, 2022 11:00 PM] The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a bill designed to regulate the sector which is…
[Dec 7, 2022 12:53 PM] A bill that would create new licensing and electricity purchase requirements has been sent on to a third vote.Kazakhstan is moving forward with regulation that will further stifle its bitcoin mining industry.The country’s federal…
[Dec 7, 2022 6:25 AM] The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia.
[Dec 6, 2022 10:34 AM] The country did not pass a bill that would have clarified rules regarding the cost of electricity imposed on bitcoin miners.The Paraguay legislature did not pass a bill that would have regulated cryptocurrency mining in the country.The bill…
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