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Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
18.10.2021
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter...
Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners
18.10.2021
Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting...
New York businesses ask governor to deny permits for crypto mining
18.10.2021
Crypto mining's environmental impact continues to raise concerns with regulators and businesses alike
Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’
16.10.2021
Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom...
Jack Dorsey’s Square plans to build an open-source Bitcoin mining system
16.10.2021
Jack Dorsey wants to build a single system that can improve accessibility to Bitcoin mining and further decentralize the BTC network
Bitcoin Mining Operation Being Sued for Producing High Noise Levels in Tennessee
16.10.2021
A bitcoin mining operation in Tennessee is being sued by neighbors due to the high level of noise the facility produces. The lawsuit, which was filed in August, asks mining operator Red Dog to shut down operations and pay personal damages fees, as well as compensate owners for decreased property...
Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value
16.10.2021
Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade. While noting that it lacks backing, the Russian...
All Eyes on Japanese Court as Crunch Monero Mining Case Gets December Hearing
15.10.2021
A landmark legal case involving a music site developer who added a mining widget that mines monero (XMR) to his website will hit the Supreme Court in Japan at the end of the year – with the potential for a legal precedent-setting verdict....
Read More: All Eyes on Japanese Court as Crunch Monero...
Canadian city plans to supply residents’ heat using Bitcoin mining
14.10.2021
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000
Russia considers new energy tariffs as Chinese crypto miners relocate
14.10.2021
Russia’s Irkutsk region saw its energy consumption rates surge by 160% following China’s crackdown on crypto mining
Bitcoin & Crypto Mining Costs Might Increase in Russia As Regions Complain
14.10.2021
Bitcoin (BTC) and crypto mining is causing power shortages in parts of Russia – and political leaders are wading in with interventions that could seek to limit miners’ output or crank up their energy costs....
Read More: Bitcoin & Crypto Mining Costs Might Increase in Russia As Regions Complain
Bitcoin miner Stronghold will list almost 6M shares in its $100M IPO
14.10.2021
The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
13.10.2021
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs
Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown
13.10.2021
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule...
US dominates global Bitcoin hash rate distribution after China crackdown
13.10.2021
The United States now accounts for more than a third of the total Bitcoin mining activity with Kazakhstan and Russia also becoming major locations
US Becomes Largest Bitcoin Mining Hub After China's Miner Exodus
13.10.2021
Following China’s crackdown on Bitcoin (BTC) mining earlier this year, the US has officially become the largest Bitcoin mining hub, followed by Kazakhstan and Russia, researchers at Cambridge University have found. ...
Read More: US Becomes Largest Bitcoin Mining Hub After China's Miner Exodus
SEC Chair Gary Gensler actually is pro-Bitcoin, Vault Equity CEO argues
13.10.2021
Vault recently received approval for an ETF that includes stocks in various crypto-related companies
Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain
12.10.2021
Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases...
China’s crypto ban: Buy the dip or cause for concern?
12.10.2021
China's regulatory policies toward crypto used to be a major factor in market activity
Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina
12.10.2021
Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The facility, which is designed to accommodate 55,000 miners, will be finished by next year. This is yet another signal that mining companies are looking for new areas...