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New Siberian Bitcoin mining center set to provide 100 jobs to locals
27.10.2020
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors
Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half
27.10.2020
Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half.
Bitfarms, which provides computing power to cryptocurrency networks such...
How to build a crypto mining rig in 2020 to earn Bitcoin and Ether
25.10.2020
Mining with home rigs is back, so here’s what those interested need to know to put together their own rig at home
Bitcoin mining’s future is green, and Russia has the best chance
18.10.2020
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining
This New Service Plays Matchmaker Between Solo Miners, Big Mining Farms
16.10.2020
Compass by HASHR8 matches individual miners with mining farms to host their hardware
Bitcoin Mining Difficulty Set For New Record High + More News
16.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
Bitcoin (BTC) mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to rise more than...
Bitcoin Mining Rigs Struggle for Profits, Despite BTC’s Hashrate Reaching an All-Time High
16.10.2020
Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates....
Former Gulag in Russian Arctic Bids to Become Bitcoin Mining Hotspot
15.10.2020
Norilsk.
A Russian firm is set to open a hotel with a difference in the Arctic Circle – although it isn’t the kind most folks would ever dream of visiting. Instead it’s a crypto mining “hotel” fitted with ASIC bitcoin (BTC) mining rigs and powered with 11.2 MW of electrical energy.
In a uniquely...
Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company
15.10.2020
Nasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U.S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north. In a statement on Tuesday, Marathon said that it will co-locate a bitcoin mining...
JPMorgan Calls Square’s Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency
14.10.2020
Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote
Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider
13.10.2020
The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana
Ethereum miners made 450K ETH from high network fees during DeFi peak
11.10.2020
On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze
A researcher debunks Stock-to-Flow model, likens Bitcoin to a 'tech stock'
8.10.2020
"There are many reasons why the price of Bitcoin can rise or fall, but S2F is not one of them”, contends report author
Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment
3.10.2020
A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians...
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
3.10.2020
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...
Bitcoin Miners Saw 11% Revenue Drop in September
2.10.2020
Miners generated an estimated $328 million in September
Canaan Shares Dipped Only 2% in Q3 in Fourth-Straight Quarterly Drop
30.9.2020
The Nasdaq-listed mining manufacturer dropped 2% in Q3
MyEtherWallet’s founder used to pay his rent by mining Bitcoin
30.9.2020
His big takeaway? Mining rigs give off a lot of heat
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Only 2.5 million Bitcoin left to mine
27.9.2020
But with Bitcoin demand on the rise, can we expect more scarcity?