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....
Mining
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...
Russia, Ukraine Shut Down Several Cryptocurrency Farms – Mining Bitcoin News
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity....
China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations – Mining Bitcoin News
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry,...
Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns – Mining Bitcoin News
Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone....
Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July – Mining Bitcoin News
Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago,...
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal – Mining Bitcoin News
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company...
Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment – Mining Bitcoin News
Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more...
