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Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
26.4.2022
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures...
City of Fort Worth votes in favor of Bitcoin mining program
26.4.2022
"We are going to become the first city in the world to mine Bitcoin here on site at city hall," said Fort Worth Mayor Mattie Parker
Bitcoin Mining Efficiency Up 63% in Year, 'Sustainable Electricity Mix' Jumped 59% - Bitcoin Mining Council
26.4.2022
Bitcoin (BTC) mining is becoming more efficient while firms are increasingly using green energy for their mining operations, according to a recent survey by the Bitcoin Mining Council (BMC), a voluntary global forum of Bitcoin mining companies....
Read More: Bitcoin Mining Efficiency Up 63%...
Sustainable energy usage for BTC mining grows nearly 60% in a year
26.4.2022
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain
Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia
24.4.2022
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping...
Ripple’s Exec Campaign Has ‘Zero Chance’ of Forcing Bitcoin to Proof-of-Stake, But Brace for More Attacks
24.4.2022
It has almost become a populist truism that Bitcoin (BTC) is bad for the environment. By using proof-of-work (PoW) as its consensus mechanism, its entire network consumes a prodigious amount of energy, which at the moment is reportedly higher than the annual energy consumption in some...
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
24.4.2022
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental...
Scaramucci’s SkyBridge Starts Investment Vehicle for Bitcoin Mining
22.4.2022
A filing reveals a new fund with $7 million already booked. It was created for a second investment into bitcoin miner Genesis Digital, a source tells CoinDesk
Kevin O'Leary on Clean Bitcoin Mining, the Elon Musk-Twitter Conundrum
22.4.2022
The future of the crypto mining industry is likely nuclear and hydro, the “Shark Tank” co-host said on CoinDesk TV’s “First Mover.”
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
22.4.2022
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture...
Georgia crypto mining’s potential: What’s driving growth in the industry?
22.4.2022
A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia
This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy
22.4.2022
Earth Day 2022 is a good day to highlight how crypto mining operations have begun to naturally gravitate towards cheaper and cleaner energy sources
EU officials considered Bitcoin trading ban to enforce proposed mining ban
22.4.2022
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request
US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing its Natural Resources'
21.4.2022
The US has imposed sanctions on a Russian Bitcoin (BTC) and crypto mining firm in a bid to deter Moscow's possible evasion of existing sanctions, imposed as punishment over its invasion of Ukraine....
Read More: US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing...
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
20.4.2022
"The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury
Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design
19.4.2022
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased...
Core Scientific Begins Reporting Daily Bitcoin Mining Production in Bid to Improve Transparency
18.4.2022
Earlier in April, a project by Block, Blockstream, and Tesla project revealed plans to publish real-time mining data
Iran to stiffen penalties for illegal use of subsidized energy in crypto mining
18.4.2022
The fines will reportedly triple compared to current rates, while repeated violations will lead to jail time
Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
17.4.2022
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners...
‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review
17.4.2022
Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,”...