Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens – Mining Bitcoin News
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a...
Mining
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power – Mining Bitcoin News
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly...
Kazakhstan Shuts Down Crypto Mining Farms Till February – Mining Bitcoin News
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged...
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...
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...
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...
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...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins – Mining Bitcoin News
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years...
Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs – Mining Bitcoin News
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower...
Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’ – Mining Bitcoin News
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin...
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH – Mining Bitcoin News
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching...
Bitcoin Mining Firm Luxor Launches ASIC Trading Desk – Mining Bitcoin News
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC)...
1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High – Mining Bitcoin News
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices...
Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners – Mining Bitcoin News
The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset...
Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown – Mining Bitcoin News
Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The...
Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos – Mining Bitcoin News
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have...
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate – Mining Bitcoin News
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network...
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis – Mining Bitcoin News
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal...
Power Outages in Russia’s Irkutsk Region Blamed on Home Miners – Mining Bitcoin News
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages...
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners – Mining Bitcoin News
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the...
Power Deficit Forces Crypto Miners to Leave Kazakhstan – Mining Bitcoin News
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including...
Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High – Mining Bitcoin News
20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice...
