Russian Oligarch Turns Soviet Plant Into a Major Bitcoin Mining Hub
Bitriver hosts mining machines in the former world’s largest aluminum smelter Go to Source Powered by WPeMatico
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Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds
Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves a carbon foot print comparable to that of a large city or even a small country, an allegation that often finds its way to the headlines of mainstream media outlets. But a new … Read more
Quebec Mining Firm Expands Despite Protests of Local Population
Mining firm Bitfarms expands its operations in Sherbrooke despite complaints about the noise from the local population Go to Source Powered by WPeMatico
Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020
Bitcoin mining firms Northern Bitcoin and Whinstone are merging and plan to jointly build the world’s largest mining farm Go to Source Powered by WPeMatico
Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well
A nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North America. Companies providing services in this promising niche continue to install mobile datacenters at oil wells in the U.S. and Canada, helping producers to save … Read more
Bitcoin Cash Hard Fork Sees Miners ‘Waste’ Money on 14 Invalid Blocks
Over 20% of Bitcoin Cash miners still on the wrong chain after hard fork Go to Source Powered by WPeMatico
What Powers China’s Crypto Mining Industry, and Is It Sustainable?
China is at the forefront of the burgeoning crypto mining industry, but as environmental concerns loom, its sustainability has come into question Go to Source Powered by WPeMatico
State-Run Ukranian Railway in Lviv Gets Caught Mining Bitcoin
A division at a state-owned enterprise of rail transport in Ukraine illegally mined Bitcoin, using the country’s power grid Go to Source Powered by WPeMatico
Chinese Regulators Set to Push Inspections of Crypto Mining firms
Chinese regulators in the province of Inner Mongolia intend to dispatch inspection units to assure the clean-up of local crypto mining companies Go to Source Powered by WPeMatico
Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a new price model for mining operations and prices per kilowatt-hour (kWh) will fluctuate during certain … Read more
