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
Mining worldwide: Where should crypto miners go in a changing landscape?
Which nations are the new harbors of miners, and where can Ether and Bitcoin be successfully — and profitably — mined in 2022? 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
Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High
The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six … Read more
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid … Read more
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