mining – Page 79 – DIGIT INFO

Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem

Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?

Miners that hodl the most Bitcoin are ‘relentlessly expanding’

According to a series of mining metrics, not only are miners holding hard, but they’re also dramatically increasing their hash rate.

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ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

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.” […]

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Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%

The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter.

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Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says

Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country is capable of setting up domestic crypto exchanges and should support mining. Russia Can Establish Own Cryptocurrency Exchanges, Deputy Insists The crypto space is an […]

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Kazakhstan Shuts Down Over 100 Crypto Mining Farms

More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across Kazakhstan The rapid expansion of crypto mining in Kazakhstan, since last […]

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Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan

Financial Monitoring Agency, Kazakhstan’s financial watchdog, emphasizes the need to regulate the sector.

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Bitcoin’s got 3 strikes, but investors remain calm despite price drop

Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors’ lack of excitement.

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European Parliament votes against PoW ban, providing huge relief to the crypto industry

The moderate version of the regulatory framework’s draft prevailed in the ECON committee voting.

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Bitmain Reveals New Liquid-Cooled ASIC Mining Rig With 255 TH/s of Computing Power

Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, called the Antminer S19 XP Hyd., is also a liquid-cooled ASIC mining device that claims to produce 255 TH/s at 20.8 joules per terahash (J/T). […]

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