Bitmain stops shipment of Antminer crypto mining rigs into China
Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces. Go to Source Powered by WPeMatico
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Powercrypto Holdings to launch BTC & ETH mining in Hong Kong
The venture seeks to utilize sustainable energy practises throughout the operation process. Go to Source Powered by WPeMatico
Canadian Bitcoin mining firm Link Global faces $5.6M penalty
Link Global has received an extension to Oct. 14, 2021, as the deadline for filing its response to the action. Go to Source Powered by WPeMatico
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More for Electricity Companies operating crypto mining facilities in Kyrgyzstan will … Read more
Actions speak: China’s crypto ban may reveal digital yuan CBDC goals
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner. Go to Source Powered by WPeMatico
Billion dollar Bitcoin mining industry resumes in Iran after three month ban
The extreme heat of the summer has subsided, so crypto mining has been given the green light as it can no longer be blamed for stressing the electricity grid. Go to Source Powered by WPeMatico
Tehran Stock Exchange CEO resigns following discovery of Bitcoin miners in basement
Iranian authorities have conducted many raids on crypto miners in abandoned factories, homes, and small businesses — nothing quite as high profile as the country’s largest stock exchange. Go to Source Powered by WPeMatico
Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.” El Salvador’s Nayib Bukele Shares a Video of the ‘First Steps’ Behind … Read more
El Salvador president teases geothermal Bitcoin mining farm
El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility. Go to Source Powered by WPeMatico
23,250 ‘Sleeping Bitcoins’ Spent in 2021: This Year Old School Miners Moved $1 Billion in BTC From 2010-2013
On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The strange miner was not the only entity that spent 2010 BTC block rewards during the last nine months, but this miner returned on a few occasions to spend strings of ten-year-old block rewards. As … Read more