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Bitcoin mining company follows Tesla by setting up shop in Austin
11.4.2021
Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills
A Closer Look at the Environmental Impact of Bitcoin Mining
11.4.2021
Christopher Bendiksen, Head of Research at CoinShares, major European major digital asset manager.
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Bitcoin (BTC) is a settlement system like FedWire, not a payments aggregator like VisaIt uses energy to deliver that function independently of central authoritiesGlobal energy production...
All that mined is not green: Bitcoin’s carbon footprint hard to estimate
10.4.2021
The impact of BTC mining on the environment has turned into a debate — here’s what academics think and if “green Bitcoin” is possible
Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million
10.4.2021
The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin...
Texas Bitcoin Mining Swells- Riot Purchases Mining Site for $650M, Blockcap Establishes HQ in Austin
10.4.2021
The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established operations in Texas. The company Riot Blockchain purchased a mining site in Rockdale and the bitcoin mining firm Blockcap announced establishing...
Ebang refutes Bitcoin ‘China Hustle’ claims as share price falls 20%
9.4.2021
A NASDAQ traded Chinese Bitcoin mining firm has seen its shares fall 20% after a damning short report unveiled some alleged dodgy dealings
Riot Blockchain is set to acquire a Texas data facility for $650M
8.4.2021
The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors
New Bitcoin Mining Giant Emerging in US With USD 651M Deal
8.4.2021
US-based listed Bitcoin (BTC) mining company Riot Blockchain said it's buying Whinstone, the owner and operator of North America’s leading Bitcoin hosting facility, from Northern Data for USD 651m.
The company said it has already signed a definitive agreement and expects to close the transaction...
Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
8.4.2021
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange...
Riot Blockchain purchases 42,000 Antminers from Bitmain
7.4.2021
The $138.5 million deal will add an estimated 3.7 EH/s to Riot’s existing and planned mining capacity
UK Bitcoin mining revenues soar but China hogs 75% of ‘blood coin’ production
7.4.2021
U.K.-based Argo Blockchain just did record revenues, but a new report suggests 75% of Bitcoin mining still takes place in China, where “blood coin” is made
Marathon Digital stock soars after company ramps up BTC mining in Q1
5.4.2021
The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC
Bitcoin miner firm Ebang launches Ebonex crypto exchange
5.4.2021
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year
No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
5.4.2021
“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin's environmental concerns continue to rage
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month
3.4.2021
On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash...
Riot Blockchain’s hashing capacity grew 460% in 2020: Report
1.4.2021
Riot Blockchain has published its 2020 financials and revealed it has increased its hashrate by 460%
Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
31.3.2021
The Texas-based miner raised more than $38 million in two separate funding rounds
Bitcoin Mining Difficulty Aims for All-Time High; Hashrate Already There
31.3.2021
Bitcoin (BTC) mining difficulty might be about to hit another all-time high (ATH), and the jump to lead it there would be the second-biggest one this year. Meanwhile, weekly moving average of hashrate has already hit an ATH.
Bitcoin mining difficulty, or the measure of how hard it is to compete...
Adam Back unveils Blockstream’s new Bitcoin mining security token
31.3.2021
Blockstream has announced the launch of a new security token backed by the company's mining facilities