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Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm
26.6.2023
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have...
Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan
23.6.2023
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said
Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand
21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI.
The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...
Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US
21.6.2023
This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a 27-year deal, outlining China’s commitment to procure liquefied natural gas (LNG) from Qatar on an annual basis. Under...
Energy Web expands to Polkadot, Fueling the global energy transition
21.6.2023
Energy Web, composed of companies utilizing decentralized open-source technologies to expedite the energy transition, is expanding its reach to Polkadot. This blockchain network is at the forefront of driving a better web, and Energy Web’s move will allow them to establish the framework...
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
20.6.2023
Miners are increasingly looking to fill data center space with AI and cloud computing
Bitcoin ‘Permabull’ Max Keiser: ‘El Salvador Will Be Debt Free by 2030 With Bitcoin’
20.6.2023
Max Keiser, international journalist and chairman of mining company Volcano Energy, has pondered on the importance bitcoin adoption will have for El Salvador in the future. According to Keiser, thanks to bitcoin, El Salvador will be debt free by 2030, as the bitcoin price comes close to one million...
Russia’s Ministry of Energy Pushes to Legalize Crypto Mining
20.6.2023
Russia’s Ministry of Energy is pushing for the legalization of industrial crypto mining, and wants lawmakers to press ahead with a much-anticipated mining-related bill.
Per the Russian news agency Tass, the ministry made the comments at the weekend, during the St. Petersburg International Economic...
Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green
14.6.2023
Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining
New Study Highlights Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate
14.6.2023
Coin Metrics researchers published a groundbreaking study on June 13, unveiling an innovative nonce analysis methodology for bitcoin mining. This research enables experts to dissect and identify the specific mining rigs responsible for contributing hashrate to the network, while also evaluating...
Latam Insights — Volcano Energy Bitcoin Mining Project Rises in El Salvador, Venezuelan Miners Leaving Amidst Crypto Corruption Probe
12.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Volcano Energy rises in El Salvador, Venezuelan bitcoin miners flee amidst nationwide mining ban, and Argentina deepens usage of the Chinese yuan to...
Tether’s game plan in El Salvador: Why invest in Volcano Energy?
9.6.2023
Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC
Quantum miners would yield ‘massive’ energy savings for blockchain: Study
8.6.2023
University of Kent researchers compared three quantum systems to an ASIC miner, and the quantum machines were demonstrably more energy efficient
El Salvador's Bitcoin miner Volcano Energy launches with $250M investment
7.6.2023
Volcano Energy, the renewable energy developer, said the funds would go toward an estimated 241 MW power generation park
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
5.6.2023
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano Energy.” Tether Backs Volcano Energy Tether...
Tether invests in El Salvador's $1B renewable energy project
5.6.2023
El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether
El Salvador's Volcano Energy Secures $1B in Commitments For 241 MW Bitcoin Mine
5.6.2023
The 241 MW site will be powered by wind and solar energy
Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar
5.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Tether announces a sustainable Bitcoin mining project in Uruguay, Brazil’s President Lula proposes a shift away from the U.S. dollar, and Argentina...
Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
3.6.2023
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good
Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas
3.6.2023
On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid location in Texas. 360 Mining and Cathedra Bitcoin Announce Texas Bitcoin Mining...