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Bitcoin mining restricted to legal entities in Uzbekistan: Official
4.10.2023
Cryptocurrency mining in Uzbekistan can only be carried out by legal entities with the use of solar power, the local crypto watchdog has reiterated
El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor
4.10.2023
El Salvador’s ambitious renewable energy Bitcoin mining operation welcomes its first mining pool as Volcano Energy partners with Luxor
Bitcoin Miners Brace for Increased Challenge as Network Difficulty Hits New High of 57.32 Trillion
3.10.2023
On October 3, 2023, at block height 810,432, the Bitcoin network experienced its second consecutive difficulty increase since September 19. The challenge of uncovering block rewards escalated as the difficulty reached a new pinnacle, rising by 0.35% to 57.32 trillion on Tuesday. Bitcoin Network...
Kazakhstan’s Miners Write Letter to President, Makes Plea For Lower Energy Prices
3.10.2023
Digital asset miners in Kazakhstan have written an open letter to President Kassym-Jomart Tokayev asking for lower energy prices.
According to reports from local media sources, eight major mining firms penned their signatures to the letter as more miners suspend their activities in...
Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company
3.10.2023
Fabiano’s new company will work with Compass Mining and Giga Energy, among others
Kazakh crypto miners plead with President to cut energy prices
3.10.2023
Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev
Analyst Lists 5 Reasons BTC Price Can Hit $40,000 In October, As Bitcoin Minetrix Hits $350,000
2.10.2023
There are five reasons to be bullish on the coming quarter and year in general, pseudonymous crypto analyst @bitbitcrypto argued on Twitter on Sunday.
Firstly, he cited the fact that October is usually a strong month for Bitcoin. Indeed, Bitcoin hasn’t fallen in October since 2018.
That history...
Bitfarms Mines 411 BTC in September, Increases Hashrate by 9%
2.10.2023
Canadian Bitcoin (BTC) mining firm has increased its production capacity this year with eyes locked on better opportunities hinged on the upcoming BTC halving.
According to an Oct. 2 press release on the firm's mining operation for September, the company increased its hashrate, capacity,...
Bitfarms increases mining pace, generates 411 BTC in September
2.10.2023
Bitfarms, one of the largest Bitcoin miners in the world, believes that many of its best growth opportunities will arise from the upcoming BTC halving
Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus
2.10.2023
Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the industry. Miners...
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
29.9.2023
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining
Best Crypto to Buy Now September 29 – Compound, ApeCoin, Pepe
29.9.2023
The fate of a spot bitcoin exchange-traded fund (ETF) in the U.S. remains in limbo as the Securities and Exchange Commission (SEC) continued to delay decisions on several high-profile applications on September 28.
The regulator postponed judgments on filings from financial giants BlackRock...
Bitcoin’s Hashrate Holds Steady Above 400 EH/s Amid Sky-High Network Difficulty
29.9.2023
Amid the soaring network difficulty, Bitcoin’s hashrate remains resilient, firmly holding above the 400 exahash per second (EH/s) frontier. A total of 43 mining pools channel their hashpower at the Bitcoin blockchain, yet, it’s Foundry USA’s pool that ruled the roost this...
Marathon Digital Mines Invalid Bitcoin Block, Blames Bug Amid Community Concerns
28.9.2023
Bitcoin miner Marathon Digital confirmed it mined an invalid block due to a bug during an experiment to sharpen the company’s operations.
The firm disclosed the incident in an announcement on X (formerly Twitter) saying the firm utilizes a small portion of the hash rate to experiment in...
Bitcoin miner Marathon mines invalid block in failed ‘experiment’
28.9.2023
Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
27.9.2023
According to Foundry's data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States
Malaysian State Identifies Illegal Crypto Mining Operations as Reason for Recurrent Power Disruption
27.9.2023
The state of Sarawak in Malaysia has been prone to crypto mining rigs, many of which operate illegally.
Sarawak Energy, the state-owned electric utility firm, announced today that it has identified two illegal crypto mining sites, which caused recurrent power disruption in a few areas of...
Bitcoin Mining Sets the Bar for Sustainability: Over 50% Powered by Clean Energy Sources
27.9.2023
New data released today by Daniel Batten, the co-founder of CH4Capital, revealed that Bitcoin mining is now leading as the most sustainably-powered global industry, with over half of its energy consumption coming from renewable sources. ...
Read More: Bitcoin Mining Sets the Bar for Sustainability:...
Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report
27.9.2023
The U.S. state of Texas has become a hotbed for cryptocurrency mining, making up 28.50% of the hashrate in the U.S. as of July 2023.
According to data from Foundry, the largest mining pool in North America and the fifth-largest globally, Texas has positioned itself as the “crypto capital” in...
Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other
26.9.2023
Mining marketplace Lumerin was released Tuesday on the Arbitrum network