Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough? Go to Source Powered by WPeMatico
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Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament. Russian Miners Using Household Electricity Should Pay Higher Bills, Anti-Monopoly Body Says Russia’s Federal … Read more
Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining
“All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate,” said Kristina Littman. Go to Source Powered by WPeMatico
Argo Blockchain facility in West Texas expects to start mining Bitcoin in May
The company expects a hash rate of 5.5 EH/s by the end of 2022, anticipating that access to an additional 600 MW of power capacity “in the coming years” will produce 20 EH/s. Go to Source Powered by WPeMatico
Bitcoin celebrates halfway to the halving with new hash rate record
The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving. Go to Source Powered by WPeMatico
Kazakhstan ramps up power consumption reporting requirements for crypto miners
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption. Go to Source Powered by WPeMatico
Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against the U.S. dollar over the last two weeks. Bitcoin Hashrate Taps … Read more
Happy birthday Hal Finney: Crypto community honors world’s first known Bitcoiner
Hal Finney, a computer scientist and the world’s first publicly known Bitcoiner, would have celebrated his 66th birthday today. Go to Source Powered by WPeMatico
Law Decoded: The difference between New York City and New York State, April 25-May 2
New York State moratorium on PoW mining reinvigorates the conversation around crypto industry’s sustainability. Go to Source Powered by WPeMatico
Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator
In a note authored by Michael Saylor, Nic Carter and Darin Feinstein, the Bitcoin Mining Council alleges that lawmakers can’t tell the difference between a data center and a power plant. Go to Source Powered by WPeMatico