Mining Financial News

04.03 / 13:43

Mining Bitcoin Mining Difficulty Time Bitcoin mining difficulty drops for the first time this year

For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of 6 consecutive positive difficulty adjustments, in which the mining difficulty and hash rate hit all-time highs.

04.03 / 07:43

Mining regulation Bitcoin Support New York Bitcoin mining moratorium bill garners more support

A New York State proposal to suspend fossil fuel-powered proof-of-work mining for three years across the state has gained support from two more Assembly members.

01.03 / 23:17

Mining Bitmain Bitcoin Intel's BMZ2 Bitcoin Miners to Improve Gross Profits by 130% Compared to Rival Antminer S19 Pro - GRIID

A US Securities and Exchanges Commission (SEC) filing by GRIID - an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities and one of Intel's first recipients of its upcoming "Bonanza Mine" chips - has claimed that the upcoming Bitcoin miners offer considerable efficiency, rivaling the current market leaders.

25.02 / 04:51

business Mining Bitcoin US Bitcoin miners expanding operations despite price volatility

Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s (BTC) three-month downturn.

22.02 / 14:39

Mining regulation Bitcoin Kazakh ministry halts illegal crypto mining operations

The Kazakh Ministry of Energy announced that it has discovered and terminated 13 cryptocurrency mining operations. The government executed the shutdown as part of its efforts to regulate the Bitcoin (BTC) mining sector, which has grown increasingly popular in recent years.

21.02 / 17:21

Ethereum Adoption defi Mining AIM ETHDenver Hackathon Finalists Aim at These Pain Points Across DeFi, NFTs, DAOs, and Metaverse

30 ETHDenver hackathon finalists that pitched their ideas to a team of crypto veterans and were competing for up to USD 5,000 in prizes, largely focused on solving common pain points across various segments of the Ethereum (ETH) ecosystem.

21.02 / 15:17

Ethereum Mining Bitcoin Is Solo Bitcoin Mining Making a Comeback?

While you probably missed out on the chance to mine Bitcoin (BTC) on your laptop in the early years of Bitcoin, there’s good news for those who still want to get into at-home mining. Stories have emerged of solo Bitcoin miners finding new blocks to receive block rewards.

18.02 / 09:01

Mining Hash Rate Bitcoin Time Bitcoin difficulty reaches all-time high, hash rate up 45% in 6 months

The Bitcoin network has hit yet another all-time high in mining difficulty after a steady climb since last July’s lows.

17.02 / 05:29

Mining Environment Bitcoin Oil giant ConocoPhilips reduces gas flaring emissions via Bitcoin mining

International oil and gas giant ConocoPhilips is dipping its toes into Bitcoin (BTC) mining as a way to eliminate the wasteful practice of flaring.

14.02 / 17:41

Mining regulation Central Bank Russian Central Bank Still Opposes Crypto Regulation Plans

The race to launch crypto regulations in Russia could still be halted by the country’s Central Bank, which, despite reports to the contrary, is still not happy about recently unveiled plans to “legalize” crypto and bring the industry under a regulatory umbrella. But the pro-business (and reservedly pro-crypto) Ministry of Finance has moved to reassure the bank that its concerns will be met with a piece of draft legislation set to be unveiled on Friday this week.

10.02 / 16:29

Mining Energy Bitcoin NOT NYC Mayor Supports 'Crypto But Not Crypto Mining,' While Billionaire Bashes BitLicense

The US Mayor who became known in the Cryptoverse as a Bitcoin (BTC) supporter and industry ally is now opposing crypto mining, citing high energy consumption. Meanwhile, a billionaire urges the state to get rid of BitLicense "right away."

05.02 / 04:29

Mining Legal Monero Warning Japanese Police Deletes its Warning about Crypto Mining after Losing Moner Case

The long-running Monero (XMR) mining saga that pitted Japanese web developers against the police over the matter of crypto mining software may have come to a close last month, but the police force appears to have added an intriguing coda – by removing its public warning about the dangers of crypto mining widgets.

04.02 / 22:19

Mining Bitcoin Profitability makes crypto mining more expensive in Argentina

China’s crackdown on mining has led miners to search for other countries to continue their operations. Promises of reduced costs led some to Argentina. However, the country’s government has now applied new rates for crypto miners in the province of Tierra del Fuego.

04.02 / 17:23

Ethereum Mining Proof-of-stake Bitcoin Ferrari open Hut 8's 'Ferrari of GPUs' Ready for Ethereum's PoS Move, Miner Open to M&A

Contrary to smaller Bitcoin (BTC) and crypto miners, Canada-based Hut 8 would not be "really affected" by Ethereum (ETH)'s move to the proof-of-stake (PoS) consensus mechanism, as the miner is ready "no matter what," Sue Ennis, Vice President (VP) of Corporate Development and Investor Relations off the company, told Cryptonews.com. Also, Hut 8 is ready to go shopping for other mining companies this year.

04.02 / 04:21

Mining Exchange South Korean Crypto Exchanges See Rise in Complaints, More People Turn to Home Mining

There was a x7.7 spike in the number of customer complaints lodged against South Korea’s four biggest crypto exchanges last year as citizens in the nation are embracing crypto like never before. Meanwhile, crypto mining is also on the rise.

03.02 / 00:47

business Mining Electricity Texas Crypto miner in Texas shuts down 99% of operations as winter storm approaches

With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid.

01.02 / 20:39

Mining regulation New York gubernatorial candidate calls for moratorium on proof-of-work mining

With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regulatory clarity.

01.02 / 15:21

Blockchain Mining Bitcoin Bitcoin Miner Another solo Bitcoin miner solves valid block, making it fourth in 2022

Hopium is back on the menu for solo Bitcoin (BTC) miners. A circa $240,000 reward, or 6.25 BTC, was generated by yet another solo miner this morning.

28.01 / 11:39

Ethereum defi Mining Ethereum 2.0 ATH Ethereum hash rate scores new ATH as PoS migration underway

Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum has made mining on its network more lucrative over time. This appears to have resulted in additional miners, resulting in an expansion of the network's hash rate.

27.01 / 00:05

Forecast MARKET Mining Bitcoin analysts Hashrate Analysts See Slower Bitcoin Hashrate Growth in 2022 Amid Market Correction

The Bitcoin (BTC) network’s hashrate – or computing power that goes into mining new coins – could reach 327 EH/s by the end of the year, a research note from the crypto-focused financial services firm BitOoda has predicted, after the firm cut an earlier forecast for the year.

26.01 / 01:41

Blockchain Mining Bitcoin Bitcoin Miner Yet another solo Bitcoin miner solved a valid block, earning a reward worth over $220,000

Another Bitcoin (BTC) miner from the Solo CK mining pool has solo mined a new block on the Bitcoin blockchain, earning a block reward of 6.25 BTC (over $220,000 at current prices) as a result. The event took place on Monday at a block height of 720,175.

what you should know about Mining

What is Mining and why is it gaining attention?

Mining is a significant category that draws public attention. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Mining?

All latest articles about Mining can be found in the dedicated section. We publish information as it becomes available.

How can I verify the accuracy of information on Mining?

We use verified data to ensure that the information about Mining is accurate and informative for our readers.