Kazakhstan likely to lose Bitcoin hash rate leadership in next index update
Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan. Go to Source Powered by WPeMatico
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Georgia punches well above its weight for Bitcoin mining: Report
The tiny population of Georgia is a dark horse for Bitcoin mining, contributing close to one percent of the industry’s total hash rate, according to a report by Arcane research. Go to Source Powered by WPeMatico
Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining
Intel’s new chips are powered by a high-performance miner to deliver up to 40TH/s in a balanced environment. Go to Source Powered by WPeMatico
Georgia lawmakers consider giving crypto miners tax exemptions in new bill
The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv. Go to Source Powered by WPeMatico
Flower powered: Bitcoin miner heats greenhouses in the Netherlands
A greenhouse in the Netherlands warmed with Bitcoin miner waste heat brings new meaning to the word “Dutch oven.” Go to Source Powered by WPeMatico
Oil giant ConocoPhilips reduces gas flaring emissions via Bitcoin mining
Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions. Go to Source Powered by WPeMatico
Russian Ministry wants to legalize Bitcoin mining in specific areas
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits. Go to Source Powered by WPeMatico
Are we misguided about Bitcoin mining’s environmental impacts? Slush Pool’s CMO Kristian Csepcsar explains
In one instance, Bitcoin miners are helping oil companies cut flaring by using generators running on natural gas that would otherwise be burned into the atmosphere. Go to Source Powered by WPeMatico
Crypto miners exempt from IRS reporting rules, US Treasury affirms
The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations. Go to Source Powered by WPeMatico
Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s
The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network. Go to Source Powered by WPeMatico