Mining Financial News

25.01 / 19:13

Mining Asia Bitcoin Another Headache for Bitcoin Miners in Central Asia as Three Countries Hit With Blackouts

Three of the Central Asian countries — Kazakhstan, Uzbekistan, and Kyrgyzstan — have been hit by a power blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances.”

25.01 / 01:21

business Mining Electricity Power Crypto miners Fitch Ratings warns of risks crypto miners pose to US power supply

Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power.

24.01 / 13:26

Stablecoin Mining regulation Backed Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP

Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto trading and investment. The news comes shortly after the Central Bank’s recent proposal, suggesting a ban on crypto and token mining.

22.01 / 03:41

Mining Legal Monero epic Epic Japanese Legal Struggle over Monero Mining Widget Finally Comes to a Close

A Japanese music site developer -- who has been fighting the police in the country’s courts after he was fined for adding a widget that mines monero (XMR) to his website -- has won his Supreme Court case against law enforcement agencies.

20.01 / 13:35

BTC Mining Bitcoin Mining Difficulty Time Bitcoin Mining Difficulty Set for a New All-Time High in Less Than a Day

Bitcoin (BTC) mining difficultly is likely to break its all-time high in less than a day, cutting into the already decreasing profit margins of BTC miners.

20.01 / 04:55

Ethereum Mining GPU Bitcoin Jackpot Individual ETH miner hits jackpot with $540K block reward

An individual Ether (ETH) miner struck it big by mining a block on their own and receiving a reward valued at about $540,000.

20.01 / 01:09

markets Mining Huobi Bitcoin IoT MXC’s 200% gain hints that LoRaWAN IOT mining projects could rally in 2022

Cryptocurrency mining has become a hot topic of conversation over the past couple of years due to its lucrative nature and the impact the industry has on the environment.

19.01 / 13:21

Adoption Mining Bitcoin Bitcoin Mining Company GRIID to Be First Recipient of Intel's "Bonanza Mine" Chips

GRIID, an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities, has inked a partnership with major multinational corporation and technology company Intel to become the first recipient of its upcoming "Bonanza Mine" chips.

19.01 / 13:02

Blockchain CBDC Mining Iran to reportedly pilot central bank digital currency soon

The Central Bank of Iran (CBI) is reportedly planning to launch a central bank digital currency (CBDC) pilot soon.

19.01 / 09:33

Mining MicroStrategy Ecology Bitcoin Bitcoin Mining Energy Use ‘Inconsequential,’ ‘Rapidly Becoming More Efficient’ - Saylor

The total use of energy for Bitcoin (BTC) mining is “inconsequential,” and it is “rapidly becoming more efficient,” MicroStrategy CEO Michael Saylor said, as the mining industry is preparing for a hearing in the US House of Representatives this week.

19.01 / 02:28

Ethereum BLOCK Mining Bitcoin Another Solo Miner Wins 'Life-Changing' Sum, Rakes In USD 536K in Ethereum Block Reward

Solo miners are off to a strong start this year. On Monday, a solo Ethereum (ETH) miner with an average hashrate capacity of 2.19 Giga hashes per second (GH/s) won a block race on the Ethereum blockchain and raked in a reward of ETH 168, currently worth just below USD 536,000.

18.01 / 16:49

Mining regulation Tax end Crypto Anonymity Must End, States Top Russian Policymaker

The Chairman of the State Duma (the Russian parliament)’s Committee on Financial Markets Anatoly Aksakov has insisted that crypto users in the country should be unmasked – and that crypto anonymity should become a thing of the past.

18.01 / 13:48

business Mining Investments Bitcoin Mr. Wonderful plans to invest in mining company stocks

Canadian businessman Kevin O’Leary laid out his plans to invest in mining company stocks. In an interview with Anthony Pompliano, Mr. Wonderful shared stories about his recent travels in the Middle East to find ways to invest in Bitcoin (BTC) mining. According to the Shark Tank mogul, investors in the Middle East are looking into “sovereign mining operations.”

14.01 / 13:19

Mining Square Bitcoin Jack Dorsey’s Block Announces Bitcoin Mining System, Building the Core Team

Block, the payments company formerly known as Square and headed by Twitter founder Jack Dorsey, is building a Bitcoin (BTC) mining system and is hiring a team for it.

13.01 / 13:53

BLOCK Mining Bitcoin week Bitcoin Miner 'Insane Luck at Work' as Second Solo Bitcoin Miner Wins the Block Race in a Week

Another solo Bitcoin (BTC) miner with a hashrate capacity of 116 terahashes per second (TH/s) has won a block race on the Bitcoin network, securing the block reward of BTC 6.25 plus a fee reward of BTC 0.018 -- cumulatively worth over USD 274,041 at current rates.

13.01 / 09:27

Mining Mining Pools Bitcoin ‘1 in a billion’: Second tiny miner solves a block

In an astonishing turn of events, two lucky miners from the Solo CK mining pool have defied all odds and added a new block on the Bitcoin blockchain in the same week.

12.01 / 22:04

cryptocurrency Mining Latin America Bitcoin boost Power Bitcoin & Crypto Mining Gets Another Latin American Hydroelectric Power Boost

The future of Bitcoin (BTC) and crypto mining could involve a move away from coal and Asia – and toward hydroelectric energy and the Latin America region, with a Costa Rican power plant now feeding electricity to “hundreds” of mining rigs.

12.01 / 12:35

BLOCK Mining Bitcoin Bitcoin Miner Solo Bitcoin Miner With Only 126TH Secures USD 266,870 in Block Reward

A solo Bitcoin (BTC) miner with a hashrate capacity of just 126 terahashes per second (TH/s) has managed to successfully add a new block to the Bitcoin network, securing the BTC 6.25 block reward, which is worth over USD 266,870 at the current price rates.

12.01 / 07:39

Mining Hash Rate Bitcoin Bitcoin Miner Tiny Bitcoin miner defies massive odds to solve a valid block

A single Bitcoin miner from the Solo CK mining pool has defied the odds after successfully adding a new block on the Bitcoin blockchain, taking home 6.25 BTC ($266,000) for their efforts.

11.01 / 15:33

defi Mining Bitcoin Financial World’s Leading Platform for Financial NFTs, Pledge Finance, Adds Bitfury CEO to Advisory Board

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

10.01 / 20:49

business Mining Bitcoin Bitfarms Bitfarms purchased more than $43M in Bitcoin to start the new year

Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its total holdings of the crypto asset more than $177 million.

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