Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million – Mining Bitcoin News
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain...
Mining
Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge – Mining Bitcoin News
Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower...
Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000 – Mining Bitcoin News
Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase...
Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say – Mining Bitcoin News
Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors...
Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC – Mining Bitcoin News
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after...
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards – Mining Bitcoin News
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against...
Ethereum Classic’s Hashrate Taps Another All-Time High Following Ethereum’s Hardened Merge Timeline – Mining Bitcoin News
On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high...
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say – Mining Bitcoin News
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of...
Russian Caught Mining Crypto in Covid-19 Clinic – Mining Bitcoin News
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at...
Ethereum Classic Hashrate Taps an All-Time High, ETC Hashpower Jumped 39% Higher in 4 Days – Mining Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman...
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block – Mining Bitcoin News
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At...
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds – Mining Bitcoin News
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors – Mining Bitcoin News
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit...
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit – Mining Bitcoin News
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’ – Mining Bitcoin News
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring...
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022 – Mining Bitcoin News
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity...
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity – Mining Bitcoin News
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86...
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY – Mining Bitcoin News
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the...
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms – Mining Bitcoin News
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for...
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices – Mining Bitcoin News
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on...
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day – Mining Bitcoin News
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by...
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy – Mining Bitcoin News
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green...
