mining – Page 132 – DIGIT INFO

Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown

During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services in the region, executives from some of China’s largest bitcoin […]

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Elon Musk not right person to lead green Bitcoin debate, Nic Carter says

Policymakers should encourage greener grids for local Bitcoin mining, Carter suggested.

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China to socially blacklist Bitcoin miners in Inner Mongolia region

China’s crackdown on crypto mining could see offenders blacklisted from basic social and financial services if caught.

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Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan

Chinese Company Bit Mining to Build $9 Million Bitcoin Farm in Kazakhstan

Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed $9 million. Kazakhstan to Host New 100 MW […]

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‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan

Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital yuan can radically change global finances and government policies. Digital Yuan to Do Away With […]

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Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and […]

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Marathon Digital plans ‘carbon neutral’ data center for Bitcoin mining

“Once all our miners are deployed by the end of the first quarter of 2022, our hashrate will be 10.37 EH/s, and our operations will be 70% carbon neutral, with our long-term objective being to obtain a 100% carbon neutral footprint,” said Fred Thiel, Marathon’s CEO.

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Central Bank of Kuwait issues warning against crypto investments

The Central Bank of Kuwait says that a “real” currency is one issued by the state.

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Chinese Bitcoin miners abandon ship ahead of incoming crypto crackdown

Three Bitcoin mining companies have announced plans to wind down operations in China following stern warnings from Chinese officials.

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BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021

While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines. Microbt, Bitmain Sell the Most Profitable Bitcoin Miners on the Market, But […]

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