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mining News and Articles



Venezuela

Venezuela banned mining of crypto in government apartments

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Venezuelans living in government apartments will not be able to mine. The head of the Ministry of Environment and Construction of Venezuela Ildemaro Villarroel told about the corresponding ban on the mining of cryptocurrency. He stressed that those citizens of the country who live in areas where...

Mining energy consumption

Bitcoin miners began to consume more electricity

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The energy consumption of BTC miners resumed growth after falling against the backdrop of a halving. This is evidenced by the Digiconomist service. Two weeks after halving, this indicator dropped by 24%, from 77.78 TW·h/year to 57.9 TW·h/year. At the moment, it is 61.44...

Ebang IPO

Ebang raised $101 million through an IPO

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Chinese miner manufacturer Ebang International Holdings raised $101 million through an IPO, according to the Nasdaq website. Priced at $685 million, the company issued 19.3 million shares at a price of $5.23. This is 59,000 less than planned. Initially, the manufacturer of ASIC miners expected to...

Grayscale Bitcoin

Grayscale added 19,879 BTC to its Bitcoin Trust

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Over the past week, Grayscale investment firm acquired 19,879 BTC ($183.3 million), bringing the total amount of bitcoins under management to almost 400,000 BTC ($3.69 billion). This was announced by well-known analyst Kevin Rooke. Unbelievable.Grayscale added 19,879 BTC to their Bitcoin Trust...

canaasn shares lows

Shares of mining giant Canaan hit historic lows

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Shares of the mining giant Canaan on the Nasdaq exchange have updated their historical low, closing below $2 on Monday, June 15th. This is evidenced by Yahoo Finance. On this day, the stock fell to $1.98, losing 3.9% during the trading session. Thus, since November last year, Canaan quotes fell 78%...

Bitcoin mining

Bitcoin mining time drops to 7 minutes amid rising hash rate

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The activity of miners in the BTC network increased sharply after another recalculation of complexity. This is evidenced by three key indicators indicated by venture investor Alex Thorne. Over the past week, the bitcoin hash has increased by about 30%, reaching 126.5 EH/s. Thus, this indicator was...

miners sell Bitcoin

Miners are selling previously earned bitcoins to cover costs

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Faced with a decline in income after the May halving, miners again began to sell more bitcoins than they currently earn. This is stated in a new report by Arcane Research. A metric proposed by analysts called Miner’s Rolling Inventory [MRI] tracks the difference between the number of coins that...

Bitmain Antminer T19

Bitmain introduces Antminer T19 for Bitcoin mining

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Bitmain, a leading manufacturer of mining equipment, has launched the new Antminer T19 device. It is suitable for mining BTC and other crypto coins on the SHA256 algorithm. Key features of the model:...

Blue Mockingbird hack Monero

1000 corporate servers mined Monero for hackers

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The hacker group Blue Mockingbird hacked at least a thousand corporate servers to install a hidden miner for the Monero cryptocurrency on them, ZDNet reports. According to cybersecurity experts from Red Canary, hackers exploited vulnerability CVE-2019-18935 in the platform of client interface...

Iran crypto mining

Iran: president instructs to change national mining strategy

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Iranian President Hassan Rouhani gave instructions to the government to develop a new national strategy for crypto mining. This writes the local edition of ArzDigital. With this message, Rouhani turned to the central bank and ministries. He called on agencies to work out issues of regulating the...

Hack

Hackers attacked supercomputers in Europe for mining plans

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Hackers tried to crack supercomputers in European countries last week to use their power to mine crypto. Entire clusters of supercomputers were stabbed in several countries, such as Germany, the UK, Spain, and Switzerland. Hackers tried to crack mainly university machines. Last Monday, the press...

Bitcoin mining card

The University of Cambridge launches Bitcoin mining card

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A team from Cambridge University has released a tool that tracks the countries with the highest Bitcoin mining activity. The new tool was developed by the Cambridge Center for Alternative Finance (CCAF). It is a map on which the countries with the highest share of the monthly bitcoin network hash...

Iran issues mining licence

Iran: authorities issued mining license for Turkish company

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The Turkish-based iMiner company received permission from the Ministry of Industry, Mines and Trade of Iran to operate a farm with six thousand miners in the province of Semnan. It is reported by Cointelegraph. Presumably, iMiner with the declared fleet of devices will become one of the largest...

Bitcoin mining in one minute

Bitcoin miners mined four blocks in less than a minute

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Last night, May 1, Bitcoin miners mined four blocks in just 46 seconds. In an hour, 12 blocks appeared twice as much as the average figure laid down in the algorithm. According to BTC.com, abnormal activity lasted several hours. For each of them, from 7 to 12 new blocks were registered....

Ebang International investment

Chinese mining giant Ebang intends to raise $100 million

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Mining equipment manufacturer, Ebang International, has submitted an initial public offer (IPO) to the US Securities and Exchange Commission, during which the company intends to raise up to $100 million, the agency’s website reported. The Chinese company intends to place Class A ordinary shares...

Binance mining pool

Binance mining pool found the first block in Bitcoin network

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The recently launched Binance mining pool has mined its first block. This was told by its CEO. Guess what is this?Click thread to see the answer. pic.twitter.com/MTVEoPYklj— CZ Binance 🔶🔶🔶 (@cz_binance) April 24, 2020 The indicated block is numbered 627,434 and was mined at 13:31...

power plant sells Bitcoin hash

U.S. power plant first sells bitcoin hash on the OTC market

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The New York-based hybrid powerhouse Greenidge Generation has entered into its first regulated contract to sell computing power for Bitcoin mining. The buyer, who acquired a hash rate of 106 petaheshes, was an unnamed institutional investor. The purpose of such contracts, according to the broker...

Bitcoin hash rate

Bitcoin mining difficulty resumes growth after a record fall

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As a result of another recalculation, the complexity of mining of BTC has grown by almost 3.5% from 13.9 to 14.4 trillion hashes. On March 26, the indicator experienced the second-largest decline in history, falling immediately by 15.95%. This was the result of a sharp reduction in the hash rate of...

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