mining News and Articles

The authorities of the Chinese province of Sichuan demanded to stop the activities of “key” miners and forbade local energy companies to supply them with electricity. According to the portal, on June 18, the Sichuan Provincial Development and Reform Commission and the local Department of Energy...

Against the backdrop of repressions against Chinese miners, the bitcoin hash rate began to decline rapidly last week. Today this figure is around 110 exaches per second (EH/s). On June 10, the hash rate exceeded 140 EH / s, and a day later it fell below 100 EH/s. Only today the computing power has...

The Iranian authorities have banned the mining of digital assets until the end of the summer of 2021. According to the statement of the President of the country Hassan Rouhani, authorized cryptocurrency mining consumes about 300 MW, while unauthorized mining consumes 2,000 MW. "Starting today,...

In several provinces of China, in early May, miners began to be disconnected from the power supply. In parallel, the country's authorities announced tough measures to suppress crypto mining. According to Reuters, BTC.TOP and HashCow have already been suspended in China. Later it became known that...

Argo Blockchain has bought two data centers in the Canadian province of Quebec. The facilities previously owned by GPU.one are using the power of the local hydroelectric power plant. The total capacity of the data centers is 20 MW. They already house "a significant portion" of the Argo...

The mining difficulty of BTC reached a new high of 25.05 trillion, which means about a 21.53% increase. As it is known mining is the process of new bitcoins adding the circulation and the difficulty indicates how complicated it is to mine a block or how much calculational effort it requires. ...

China continues to control the lion's share of the BTC hashrate. However, in the expert environment, some have already paid attention to factors signaling a gradual decrease in the influence of the Celestial Empire on the BTC network. According to Chun Wang, co-founder of one of the greatest mining...

A bill brought in the NY State Senate considers halting BTC mining for 3 years to study deeply its consequences for the surroundings. Bill 6486 was put forward by Senator Kevin Parker to the Senate's Committee on Environmental Conservation. If approved Bitcoin mining will be allowed only after a...

The income of the miners of the first cryptocurrency in April was $ 1.7 billion. The indicator yielded the record revenue in March when it reached $ 1.75 billion. Of the total miners' income in April, 14.51% came from transaction fees - $ 247...

Chinese manufacturer Canaan Creative has announced a strategic partnership with Genesis Digital Assets to supply the mining company with $ 93.63 million worth of Bitcoin mining devices. We are talking about ASIC miners of the AvalonMiner A1246 model. According to the statement, after the order is...

American blockchain hosting provider Core Scientific has announced an agreement with Chinese mining equipment manufacturer Bitmain to purchase 112,800 Bitcoin mining devices. The party will be ASIC miners Antminer S19, S19 Pro, S19J, and S19J Pro. After receiving the purchased devices, Core...

The US-based BTC mining entity Riot blockchain signed a $651 M trade of the mining hosting provider firm Whinstone. As noted in the press release published on April 8, Riot has signed a paper with Whinstone to obtain all of its assets and services. For the deal, the company agreed to pay $80 M...

Miami Mayor Francis Suarez is known for his positive attitude towards BTC. He recently launched an initiative to pay local government officials a salary in BTC. Besides, the mayor believes that it is possible to allow residents of his city to pay taxes in cryptocurrency. During a conversation with...

On March 22, technical support company Support.com made a merger agreement with Bitcoin miner Greenidge Generation Holdings, after which shares of the company reached new highs. This type of agreement suggests uniting two companies into one. According to the agreement, Support.com will take...

Since the spring of 2020, the value of shares of the largest mining companies has been steadily increasing. According to Lior Shimron, representing the research center Fundstrat, in the reporting period, the capitalization of bitcoin added 761%, while the price of miners' shares soared by about...

Tokyo-based financial services company SBI Holdings' subordinate SBI Crypto has enabled its BTC mining pool for the masses. This makes it possible for both individuals and companies to mine BTC and other crypto assets via the pool. SBI Crypto started functioning in 2017. It has suggested...

Mining Bitcoin became more rewarding. Data from blockchain analytics protocol Glassnode shows that a few days ago the revenue hit a new all-time high of $52.3 M daily. Glassnode wrote that this amount is a positive indicator of Bitcoin network security. On-chain transfer fees paid based on...

Online portal VideoCardz has published the first photos of the Nvidia Gigabyte CMP 30HX GPU, created specifically for cryptocurrency mining. The novelty is based on the TU116-100 chip and has 6 GB of GDDR6 video memory. The number of CUDA cores of the video card is unknown, but experts suggest that...