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BTC Miner Stresses: ‘Bitcoin is One of the Most Environment-Friendly Financial Networks’
15.3.2021
While bitcoin has been gathering widespread attention with prices touching all-time highs, mainstream pundits have tried to attack the leading crypto asset for its energy consumption. It seems a new ‘bitcoin is bad for the environment’ editorial is published nearly every week...
New EIP hopes to quell tensions between Ethereum’s miners and developers
15.3.2021
A new Ethereum Improvement Proposal could offer a path to compromise between Ethereum’s miners and developers, but few in the community appear to support the EIP
The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
13.3.2021
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled...
Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013
12.3.2021
While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50 bitcoin from 2010 was transferred for the first time in over a decade....
Eth2 transition accelerates amid rumblings of a miner rebellion
12.3.2021
Ethereum appears to be hastening its transition to Proof-of-Stake, with developer Mikhail Kalinin publishing the specifications for the chain merge with Eth2
Some Ethereum Miners Call for an 'Educational' 'Show of Force'
11.3.2021
Source: Adobe/epic_images
Some Ethereum (ETH) miners are preparing for "a show of force" on April 1, standing against the implementation of the much-discussed Ethereum Improvement Proposal (EIP) 1559 by aiming to put at least 51% of Ethereum's computing power into a single pool.
A group...
Ethereum miners plot hash-power ‘show of force’ against EIP-1559
11.3.2021
In protest of the upcoming implementation of EIP-1559, some Ethereum miners are organizing to redirect hash power to a 1559-opposed pool for 51 hours
South Korean Officials Notice a Sudden Rise in Crypto Mining Rigs Imports- Over 41 Shipments Intercepted in 3 Months
11.3.2021
Crypto adoption is a hot topic in South Korea, and recent figures have been proving it. However, crypto mining activity is also starting to gather interest across the country, per the latest reports from local media outlets. A Single Rig Should Worth $150 ‘or Less’ to Be Considered...
Ethereum Miners Don’t Cause Price Volatility, Says Analyst
10.3.2021
If you’re looking for someone to blame for disruptive ethereum (ETH) price corrections, you may be mistaken to look in the direction of miners, per the findings of a new report.
Researchers behind a new Coin Metrics study of Ethereum network miner activity have concluded that there was little...
Nvidia RTX 3060 mines Ether at full power as miners allegedly bypass hash limits
10.3.2021
Nvidia's plans to separate gaming and mining demand could be foiled after a custom modification allegedly bypassed the RTX 3060's Ether mining limitations
AMD Could Release Its Own Crypto GPU to Mine Ethereum to Calm Down the Skirmish Between Miners and Gamers
10.3.2021
A U.S. multinational semiconductor company could be preparing the ground to release its own series of cryptocurrency mining processors. AMD is reportedly looking to introduce a GPU for mining Ethereum. AMD Navi 12 Won’t Have Video Outputs According to PC Gamer, the AMD Navi 12, a graphic...
Miners Returning to S Korea, Where Crypto Is ‘Essential’ for 20-30s
9.3.2021
South Korean Crypto Fever 2.0 is showing no signs of slowing, with miners returning to the fray – and conventional investment experts claiming that crypto has become “essential” for portfolio holders in their 20s-30s.
As previously reported, the operators of PC gaming rooms (PC bang in Korean)...
Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
6.3.2021
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...
Major Ethereum gas fee overhaul EIP-1559 scheduled for July
5.3.2021
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled
Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community
5.3.2021
The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. Lawmakers Urge Greater Crypto Appeal Despite...
Kentucky to provide tax breaks for local crypto miners
3.3.2021
Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe
Kentucky Lawmakers Approve House Bill Providing Tax Break for Crypto Miners
3.3.2021
The bill, aimed to encourage the crypto mining industry in the state, now goes to the upper house for review
Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
3.3.2021
Chinese supplier MicroBT will be providing the new hardware over the next two years
Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash
3.3.2021
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second...
China’s Inner Mongolia Might Push Bitcoin Miners Towards Greener Energy
1.3.2021
Source: Adobe/Андрей Трубицын
The Chinese Inner Mongolia Autonomous Region (IMAR) – a hub of crypto mining activity, particularly Bitcoin (BTC) mining – could be set to enact a shutdown of the industry, ordering all operators to close up shop as early as next month, and possibly pushing them...