Cryptocurrency mining in Uzbekistan can only be carried out by legal entities with the use of solar power, the local crypto watchdog has reiterated.
Category: mining
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El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor
El Salvador’s ambitious renewable energy Bitcoin mining operation welcomes its first mining pool as Volcano Energy partners with Luxor.
What is the CryptoNight mining algorithm, and how does it work?
Blockchain technology relies on mining algorithms, such as CryptoNight, to regulate cryptocurrency projects. Find out here what CryptoNight is and how it works.
Kazakh crypto miners plead with President to cut energy prices
Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev.
BTC price hits ‘Uptober’ up 5% — 5 things to know in Bitcoin this week
BTC price starts the celebrated month of “Uptober” with a trip past $28,000, but the question on everyone’s lips is whether Bitcoin can hold its ground.
Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K
Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns.
Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme
Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges, while the CFTC charged another company and its head.
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
According to Foundry’s data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States.
Argentinian oil company to start mining crypto with gas power leftovers
Tecpetrol hopes to reduce environmental impact by avoiding gas emissions, and generate some additional profits in the meantime.
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs
The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner.
