US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
Gryphon has doled out $48 million to buy Bitmain’s latest Bitcoin mining hardware set for release in the summer. Go to Source Powered by WPeMatico
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Bitcoin electricity consumption falls to November 2020 levels: Data
Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data. Go to Source Powered by WPeMatico
Iran pauses electricity exports due to crypto mining and hot summer
Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity. Go to Source Powered by WPeMatico
Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop
It’s a tale of two Bitcoins as active miners reap the benefits while others remain completely offline. Go to Source Powered by WPeMatico
Licensed Iranian crypto miners ordered to halt production ‘altogether’
Even Iran’s Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country’s power grid. Go to Source Powered by WPeMatico
From mining to software: China’s regulatory crackdown on crypto continues
Financial institutions, crypto miners, and now software companies — where will regulators in China move to strike next? Go to Source Powered by WPeMatico
China proves Bitcoin is an unstoppable machine: Bitcoin Center founder
Bitcoin price goes up once regulatory setbacks are digested by the crypto community, Zap Procotol co-founder Nick Spanos says. Go to Source Powered by WPeMatico
Crypto mining firm Argo Blockchain eyes secondary Nasdaq listing
After becoming the first blockchain firm to list on the London Stock Exchange, Argo Blockchain is now looking at a potential secondary listing on the Nasdaq. Go to Source Powered by WPeMatico
China crypto ban a ‘huge opportunity for Canada,’ mining group head says
The diversified location of Bitcoin mining facilities following China’s crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says. Go to Source Powered by WPeMatico
Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data … Read more