Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos – Mining Bitcoin News
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have...
Mining
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate – Mining Bitcoin News
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network...
Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests – Mining Bitcoin News
Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of...
Bitcoin’s Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH – Mining Bitcoin News
Bitcoin’s hashrate tapped a lifetime high on the first day of 2022 reaching 209.39 exahash per second (EH/s). During the...
Power Outages in Russia’s Irkutsk Region Blamed on Home Miners – Mining Bitcoin News
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages...
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners – Mining Bitcoin News
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the...
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity – Mining Bitcoin News
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners....
Power Deficit Forces Crypto Miners to Leave Kazakhstan – Mining Bitcoin News
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including...
Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High – Mining Bitcoin News
20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice...
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners – Mining Bitcoin News
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will...
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts – Mining Bitcoin News
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the...
Marathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023 – Mining Bitcoin News
Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with...
Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining Pool – Mining Bitcoin News
The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently...
Demand for Mining Hardware Spikes in Russia, Prices Rise – Mining Bitcoin News
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices,...
Illegal Crypto Miners Threatened With Jail Time in Russia – Mining Bitcoin News
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker...
Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets – Mining Bitcoin News
The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from...
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms – Mining Bitcoin News
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation...
Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates – Mining Bitcoin News
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The...
Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race – Mining Bitcoin News
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December...
Bitcoin Mining Company Cleanspark to Kick-Start 20 MW Immersion Cooling Initiative – Mining Bitcoin News
Cleanspark, a sustainability-focused bitcoin mining company, has announced it will kick-start a 20 MW initiative in its Norcross bitcoin mining...
Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages – Mining Bitcoin News
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now...
Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner – Mining Bitcoin News
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According...
