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Bitcoin Mining Difficulty Sees Its Biggest Fall in 12 Months
21.7.2022
Bitcoin (BTC) mining difficulty has just seen its largest drop in a year, helping miners increase their profitability during this harsh crypto winter.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, dropped by 5% today. This brought it down to 27.69 T...
Q2 Saw Over 59% of Bitcoin Mining on Sustainable Energy Mix - Bitcoin Mining Council
20.7.2022
The global Bitcoin (BTC) mining industry had a sustainable electricity mix of 59.5% during the second quarter of the year, or slightly up compared with the first quarter, according to the latest quarterly survey conducted by the Bitcoin Mining Council.
The survey, which collected data from over...
Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022
20.7.2022
The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to reaffirm that the Bitcoin Network will continue to grow with higher efficiency in the times...
Sustainable Bitcoin mining power mix hits 59.5%: BTC Mining Council
20.7.2022
The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise
Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals
19.7.2022
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3...
NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
19.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
19.7.2022
DCG subsidiary Foundry is launching a training program for mining engineers
Celsius Network Defends Bitcoin Mining Plans Amid Bankruptcy
19.7.2022
The renowned crypto lender Celsius Network defends its Bitcoin mining plans amid bankruptcy concerns. The New Jersey-based venture gained approval from Martin Glenn, a US Bankruptcy Judge, to spend 3.7 million dollars on building a new mining facility. Additionally, the venture is spending...
100X Bitcoin energy use would mean 'absurd' $20M BTC price — developer
19.7.2022
For Bitcoin energy usage to increase to absorb more of the world's waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost
Bitcoin per transaction cost goes down every four years, coincidence?
18.7.2022
The cost per Bitcoin transaction is calculated by dividing miners' revenue by the number of transactions, thus implying an unpredictive trend
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
18.7.2022
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking...
US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption
15.7.2022
U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles
15.7.2022
European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors
BTC mining costs reach 10-month lows as miners use more efficient rigs
15.7.2022
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network
CleanSpark scoops up 1K+ mining rigs at 'substantially discounted price'
14.7.2022
“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford
Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
14.7.2022
Celsius’ mining unit said to have auctioned off some of its newly purchased mining rigs at low-high $20/TH price back in June, before filing for bankruptcy
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’
14.7.2022
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC acquisition follows Cleanspark’s recent...
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
14.7.2022
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint...
Kazakhstan to Increase Bitcoin Mining Tax Rates from 2023
14.7.2022
Kazakhstan’s President Kassym-Jomart Tokayev has approved new tax rates for crypto miners – and tax bodies have been instructed to charge miners at a rate of up to USD 0.052 per kilowatt hour (kWh) as of January 1, 2023.
Currently, miners have to pay a flat rate of just over USD 0.002 per...
Bitcoin miner prices will continue to fall, F2Pool exec predicts
12.7.2022
The majority of big crypto mining firms have sold their self-mined Bitcoin, while a few firms like Marathon, Hut 8 and Hive still hold on