Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs. Go to Source Powered by WPeMatico
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US dominates global Bitcoin hash rate distribution after China crackdown
The United States now accounts for more than a third of the total Bitcoin mining activity with Kazakhstan and Russia also becoming major locations. Go to Source Powered by WPeMatico
SEC Chair Gary Gensler actually is pro-Bitcoin, Vault Equity CEO argues
Vault recently received approval for an ETF that includes stocks in various crypto-related companies. Go to Source Powered by WPeMatico
Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain
Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain The publicly-listed bitcoin mining firm Cleanspark … Read more
China’s crypto ban: Buy the dip or cause for concern?
China’s regulatory policies toward crypto used to be a major factor in market activity. Go to Source Powered by WPeMatico
BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last Week
As bitcoin’s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network is hovering just above the 155 exahash (EH/s) handle and bitcoin’s price has made a great number of mining rigs more profitable. Older generation mining rigs like Bitmain’s Antminer S9 … Read more
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
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