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Regional reports from China detail that bitcoin miners located in certain areas in South China are running short on electricity. The country has been having massive issues with coal prices soaring across the mainland, as the Chinese government hasn’t been allowing coal carriers into ports. Because of the sweeping electrical shortages, mining activities have been … Read more
With crypto mining gaining momentum, here’s the newest products coming out in 2021 and what Bitcoin miners should look to buy. Go to Source Powered by WPeMatico
Organizations led by an environmental organization filed a lawsuit against the U.S. town Torrey in New York for giving the green light to expand a bitcoin mining facility at the Greenidge Generation power plant. Environmental Organization Leads Lawsuit Against New York Town for Approving Plan to Expand BTC Mining Facility Per court documents, the Sierra … Read more
The cryptocurrency economy has been higher in value than ever before as bitcoin has touched an all-time price high at $24,298 per unit. Regardless of the all-time price highs, the world’s bitcoin miners are not spending more bitcoin than usual according to onchain statistics. Bitcoin miner outflow has been higher during the bull run but … Read more
Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million. Go to Source Powered by WPeMatico
The lawsuit alleges Greenidge circumvented state laws by seeking regulatory approval “through two separate but interdependent approval applications.” Go to Source Powered by WPeMatico
One of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from Genesis’s bitcoin mining to power greenhouse operations. Bitcoin mining is … Read more
A research firm’s head recently claimed Bitcoin’s capped supply could be changed. Go to Source Powered by WPeMatico
Early BTC miners with the foresight to hodl have now become millionaires. Go to Source Powered by WPeMatico
One of the largest exporters of electricity in Europe has revealed details of the most significant theft they have had in history, linked to a massive illegal bitcoin mining farm in a small Bulgarian village. Bulgarian Electricity Company Uncovers Massive Electricity Theft Linked to Illegal Bitcoin Mining According to Vesti, CEZ Group and police in … Read more