Bitcoin’s hash rate maintained a stronghold throughout the year as it compliments the new ATH for BTC network difficulty.
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Category: mining
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19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found
On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to be found by mining participants. Satoshi’s Mathematical and Predictable Design — 19 Million Bitcoins Have Been Issued The Bitcoin (BTC) network reached a milestone on […]Powered by WPeMatico
Just 2 million Bitcoin left: Bitcoin hits the 19 million milestone
The 19 millionth Bitcoin was mined leaving just 2 million BTC to be mined over the next 100 years.
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Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 MW of Lancium’s renewable power and has the option to obtain 300 MW more going forward. Cleanspark Reveals Plans to […]Powered by WPeMatico
Bitcoin mining finds fresh support from Russian finance ministry
While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto.
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Bengal Energy to mine Bitcoin using ‘stranded wells’ in Aussie outback
Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs.
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Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of […]Powered by WPeMatico
As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours. […]Powered by WPeMatico
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for […]Powered by WPeMatico
Bosnian court sides with Bitcoin miner in frozen bank account case
The second-largest Italian bank would have to pay $144 million in compensation to the mining farm, the judge rules.
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