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The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany. Go to Source Powered by WPeMatico
Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit. Authorities in Kazakhstan Seize Over 100 Mining Rigs … Read more
Bitcoin network fundamentals appear more resilient than ever to attacks on miners‘ operations. Go to Source Powered by WPeMatico
A win in the European Parliament, but will mining rules have to change? “Eventually, only PoS will be adopted by blockchain applications.” Go to Source Powered by WPeMatico
A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges’ data. Go to Source Powered by WPeMatico
Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making … Read more
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem? Go to Source Powered by WPeMatico
According to a series of mining metrics, not only are miners holding hard, but they’re also dramatically increasing their hash rate. Go to Source Powered by WPeMatico
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic quarantine measures for Covid-19 control.” … Read more
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter. Go to Source Powered by WPeMatico