Mining Financial News

04.03 / 20:01

Mining regulation crypto mining US Legislators Call for Greater Transparency on Crypto Mining Emissions – Regulation Incoming?

US lawmakers have expressed intentions to reintroduce a bill that would require crypto mining companies to disclose emissions data for operations that use more than five megawatts of electrical power.

04.03 / 17:25

Blockchain defi Mining Liquidity Tokens Smart Contracts Staking Time Forget time-consuming DeFi practices — Simple solutions for auto-farming

The world of decentralized finance (DeFi) opened a vast array of new opportunities with its explosion in 2020, but it also brought new challenges and profound risks to crypto users. Due to its decentralized nature and short history, the industry is difficult to regulate and can hardly provide a secure environment for its players.

04.03 / 00:53

Mining regulation Environment Congress Senators Senators renew call for EPA investigation of crypto mining emissions data

United States Senator Edward Markey and Representative Jared Huffman announced March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act in Congress. The move comes ahead of a Senate hearing on the environmental impact of crypto mining, which Markey will chair on March 7.

03.03 / 19:59

Blockchain COST Digital Mining Progressive financing Russia Unveils Mutual Fund for Financing Crypto Mining Operations

A Russian company has unveiled a new fund intended to finance crypto mining operations in the country.

28.02 / 14:43

Mining Energy Mining Pools Bitcoin How this mining pool strives to make Bitcoin greener

Bitcoin (BTC) miners consume massive amounts of energy to secure the network and process transactions. While the network offers many benefits, like banking the unbanked, Bitcoin’s energy consumption is a controversial topic for critics. However, new solutions are emerging to reduce the environmental impact of Bitcoin mining.

24.02 / 09:03

Law Mining regulation Senate bills Montana’s ‘right to mine’ crypto bill moves closer to passing as law

A cryptocurrency mining rights bill with laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate.

24.02 / 09:03

Mining regulation Court Electricity Bitcoin Man faces arrest over alleged crypto mine hidden under a school

A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for arrest after missing a scheduled court hearing to answer to charges.

23.02 / 00:49

markets business Government Blockchain Technology Mining Web3 Costs Enterprise blockchain is transforming business operations and reducing costs — Web3 exec

Blockchain technology is often a valuable tool in solving various business challenges due to its ability to create secure, trusted, transparent data sources, and it has gained traction across various industries as businesses seek efficiency and cost reductions.

22.02 / 17:51

Blockchain NFT Mining Mining Pools Bitcoin Community Bitcoin acquires Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype

The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it takes away from BTC’s peer-to-peer cash system vision.

21.02 / 13:53

event Adoption Mining interview Davos Bitcoin Hut 8 CEO weighs in on the bull and bear markets from a mining perspective

In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat at the Crypto Summit on the Promenade. Leverton outlined some of her views on the recent shakeout in the cryptocurrency market and reflected on how Bitcoin (BTC) mining fares during the current turbulent period for the industry.

20.02 / 22:45

Technology Adoption Mining Hardware GPU Cryptocurrency miners are leading the next stage of AI

As artificial intelligence (AI) rapidly works its complex magic on one sector of the economy after another, there is an increasingly pressing need for compute resources to power all this machine intelligence.

20.02 / 08:51

Blockchain Mining regulation us government transactions Smart Contracts Senate 'Unworkable' bill to ban blockchain immutability is introduced in Illinois

A recently introduced Illinois Senate Bill has been ridiculed by the crypto community over its "unworkable" plans to force blockchain miners and validators to do "impossible things" — such as reversing transactions if ordered to do so by a state court.

18.02 / 17:05

Blockchain Technology Adoption defi Mining Bitcoin Costs market trends The economics of cryptocurrency mining: Costs, revenues and market trends

Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin (BTC) or other cryptocurrencies. The economics of mining refers to the economic incentives and costs associated with the mining process, as well as its impact on the broader economy.

17.02 / 20:25

business Mining Bitmain Bitcoin Power CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs

Bitcoin miner CleanSpark is growing its mining capacity in the United States, with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 million. The acquisition is expected to boost the company's computing power by 37%, and brings the total number of miners purchased during the bear market to 46,500 units.

14.02 / 05:25

Adoption NFT Mining wallet fees transactions Bitcoin Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode

The launch of Bitcoin nonfungible tokens (NFTs) — known as Ordinals — has tipped the number of non-zero Bitcoin addresses to a new all-time high of 44 million, according to crypto analytics platform Glassnode.

14.02 / 04:49

business Mining Bitcoin Hashrate BTC Miners Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners

Australia-based Bitcoin (BTC) mining company, Iris Energy, revealed it will nearly triple its mining capacity with the addition of thousands of mining rigs.

13.02 / 18:46

Mining Hash Rate Mining Pools Bitcoin You don’t see that every day: Bitcoin empty block found

Bitcoin (BTC) is known for its robustness, security and predictability. Every 10 minutes–on average–the blockchain produces a new block and the successful miner earns a block reward of 6.25 BTC, circa $130,000.

12.02 / 19:37

Mining Hash Rate Bitcoin Bitcoin production Public miners increased Bitcoin production, hash rate in January

The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge in BTC production compared to the previous month, according to a new analysis from Hashrate Index.

11.02 / 08:45

Law Adoption Mining regulation Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes

Kazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced plans to introduce new crypto regulations aimed at reducing tax fraud and unlawful business operations.

10.02 / 17:19

Blockchain Technology Adoption Mining Bitcoin The history of mining: From the stone age to the digital era

Mining is the process of extracting valuable minerals, metals and other resources from the earth. This may entail extracting minerals from underground deposits or from the earth’s surface. The minerals and resources extracted through mining are used for a wide range of purposes, including energy production, construction and manufacturing.

10.02 / 06:57

business Mining Bitcoin BTC miner CleanSpark on the hunt for further crypto miner fire sales

Bitcoin (BTC) mining firm CleanSpark is planning to continue its strategy of scooping up distressed mining company assets this year.

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