Mining Financial News
09.09 / 01:13
Mining
regulation
Environment
White House science office looks at crypto’s effect on climate, despite scarce data
The White House Office of Science and Technology Policy (OSTP) has weighed in on the environmental and energy impact of crypto assets in the United States, finding that crypto makes a significant contribution to energy usage and greenhouse gas (GHG) emissions. It recommends monitoring and regulation in response.
06.09 / 23:07
Mining
Pool
Bitcoin
Suspends
Withdrawals
BTC Mining
BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to ‘Stabilize Liquidity’
The bitcoin (BTC) mining pool Poolin’s wallet arm – PoolinWallet – has announced that it will be “temporarily” suspending all withdrawals in a bid to “preserve assets and stabilize liquidity.” The pool blamed the issue on a spike in withdrawal requests.
06.09 / 16:43
Ethereum
Mining
Bitcoin
Hut 8 surpasses 8,000 BTC mark as it continues to HODL
Canadian mining firm Hut 8 saw its Bitcoin holdings surpass the 8,000 Bitcoin (BTC) mark as it continues to accumulate self-mined holdings through depressed cryptocurrency market conditions.
05.09 / 22:33
markets
Ethereum
Mining
proof-of-work
Support
Ethereum Classic books 12% rally as mining support for ETC gains pace
Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners.
05.09 / 12:45
Blockchain
Ethereum
Mining
proof-of-work
ETH Merge: CoinGecko co-founder shares strategy for forked tokens
Many believe that after Ethereum transitions to proof-of-stake (PoS), a faction of Ether (ETH) miners will be creating a proof-of-work (PoW) fork of the network so that they can still keep mining. An executive believes that there are ways for ETH holders to take advantage of this upcoming event.
01.09 / 09:47
Blockchain
Ethereum
Mining
proof-of-work
Ethereum Merge and the hefty tax bill you could be in for
Ethereum (ETH) hodlers that don’t play their cards right following the Ethereum Merge may be in for a hefty bill come tax time, according to tax experts.
31.08 / 12:13
30.08 / 22:03
Mining
Environment
Bitcoin
network
Bitcoin could become a zero-emission network: Report
A pro-Bitcoin mining report from self-proclaimed philanthropist Daniel Batten has claimed that Bitcoin could become a zero-emission network.
30.08 / 11:21
Adoption
Mining
regulation
businesses
Iranian businesses get the green light to use crypto for imports
Iran’s Industry, Mines and Trade ministry has approved the use of cryptocurrency for imports into the country amid ongoing international trade sanctions.
29.08 / 14:19
27.08 / 15:41
Ethereum
Mining
proof-of-work
Ethereum Classic
Disaster
The Merge Q&A: A triumph for Ethereum — or a disaster waiting to happen?
Within a matter of weeks, the Ethereum blockchain is going to undergo the Merge, in one of the biggest and riskiest upgrades in the industry's history: a switch from a Proof-of-Work consensus algorithm to Proof-of-Stake.
25.08 / 09:27
business
Ethereum
Mining
Bitcoin
Nvidia cites limited visibility into crypto mining's impact on Q2 results
Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday.
24.08 / 12:15
business
Mining
Bitcoin
Power
Still growing — Armenian mining operator increases power plant capacity
The establishment of free economic zones that foster blockchain and cryptocurrency adoption in Armenia is bearing fruit as a local mining operator adds 60MW of capacity to its power plant-based facility.
20.08 / 01:43
markets
Ethereum
Mining
Bitcoin
Drop
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market's latest venture below this just three weeks ago, meaning investors were pretty confident that the $780 billion total market-cap low on June 18 was a mere distant memory.
17.08 / 14:59
business
Mining
Bitcoin
Returns
Troubled miner returns 26,000 rigs to eliminate debt
The United States-based Bitcoin mining company, Stronghold Digital Mining (SDIG), announced on Tuesday new moves to elevate outstanding debt and restructure its financial operations.
12.08 / 11:27
12.08 / 07:35
business
Mining
Bitcoin
BTC Mining
BTC mining stocks double in a month as production ramps
Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability, and sharp increases in BTC production.
11.08 / 11:19
markets
Ethereum
Mining
proof-of-work
3 signs Ethereum price is on track toward $2.5K by September
Ethereum's native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators.
10.08 / 16:25
Blockchain
Adoption
Mining
Environment
Blockchain’s environmental impact and how it can be used for carbon removal
Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space, and blockchain technology is being considered a potential tool to reduce carbon emissions.
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