Mining Financial News

17.10 / 04:51

Law Mining regulation Ban Pennsylvania crypto mining permit halt cut from bill after union pressure

A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate the sector’s energy consumption claiming trade labor unions pressured the change.

12.10 / 16:51

Stablecoin Binance Mining USDT Gaming Bitcoin safe Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM Systems Focuses on Non-fungible Items (NFIs)

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

11.10 / 13:11

Blockchain Adoption Mining Machine Learning GPU Cloud Mining network Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber

A project that started out as an institutional-grade quantitative trading system for cryptocurrencies and stocks has transitioned to become a decentralized network sourcing GPU computing power to serve increasing demand for AI and machine learning services.

11.10 / 09:47

Mining Halving Bitcoin Hut 8 Bitcoin Miner Bitcoin Miner Hut 8 Halts BTC Sales, Remain Bullish on Price Ahead of Halving

Bitcoin (BTC) miner Hut 8 produced 111 BTC in September without any sales to fund its operations as it prepares for the next halving.

10.10 / 19:59

Mining Bitmain Bitcoin Bitmain Addresses Cash Flow Woes, Pays Delayed September Salaries

China-based Bitcoin (BTC) mining machine manufacturer Bitmain has resolved a recent salary delay issue by finally paying its employees for the month of September.

09.10 / 17:33

CBDC Binance Mining Central Bank Science Bitmain Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO Launches Biotech Firm for Longevity Experiments on Animals

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

05.10 / 01:17

business Adoption Mining Energy renewable energy Bitcoin Riot Marathon Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September

Bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark recorded strong Bitcoin production increases in September, leading to a small boost in share prices on Oct. 4.

04.10 / 21:11

Provident FIVE Citizens Mining performer reports Solar Uzbekistan Permits Only Legal Entities to Mine Cryptocurrencies Using Solar Power

The Republic of Uzbekistan has approved new regulations for issuing licenses for cryptocurrency mining activities.

04.10 / 16:36

Government Mining regulation Bitcoin Bitcoin mining restricted to legal entities in Uzbekistan — Regulators

Cryptocurrency mining in Uzbekistan faces major changes as the country’s crypto market supervisor has approved a framework for licensing crypto mining operations.

04.10 / 13:03

Blockchain Mining Mining Pools Bitcoin El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor

El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins mining blocks through Lava Pool in partnership with Luxor Technology.

03.10 / 15:31

Mining Bitcoin letter Kazakhstan’s Miners Write Letter to President, Makes Plea For Lower Energy Prices

Digital asset miners in Kazakhstan have written an open letter to President Kassym-Jomart Tokayev asking for lower energy prices.

03.10 / 10:51

Adoption Mining regulation Asia Taxes Crypto miners Kazakh crypto miners plead with president to cut energy prices

Local crypto-mining operators in Kazakhstan — the world’s third-largest market in terms of Bitcoin mining hash rate — are complaining about high energy prices to the country’s president.

02.10 / 19:57

Mining Bitcoin Hashrate Bitfarms Bitfarms Mines 411 BTC in September, Increases Hashrate by 9%

Canadian Bitcoin (BTC) mining firm has increased its production capacity this year with eyes locked on better opportunities hinged on the upcoming BTC halving.

28.09 / 08:41

Mining marathon digital Bitcoin BUG Marathon Marathon Digital Mines Invalid Bitcoin Block, Blames Bug Amid Community Concerns

Bitcoin miner Marathon Digital confirmed it mined an invalid block due to a bug during an experiment to sharpen the company’s operations.

27.09 / 22:41

Mining CFTC regulation Fraud Ponzi scheme Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme

Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District Court of New York on Sept. 27 in relation to Ponzi scheme perpetrated by the IcomTech company. Ochoa was CEO of IcomTech from its founding in 2018 to 2019.

27.09 / 18:03

business Mining Bitcoin Texas is home to nearly 30% of all Bitcoin hash rate — Foundry

The U.S. state of Texas accounts for over 28% of all Bitcoin (BTC) hashing power in the United States, according to the latest Hashrate Map by crypto mining service provider Foundry USA.

27.09 / 09:15

Adoption Mining Oil and Gas Argentinian oil company to start mining crypto with gas power leftovers

A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining.

27.09 / 06:21

Blockchain NFT Mining Analysis fees Bitcoin BRC Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers.

27.09 / 02:39

business Mining us government Ponzi scheme Bitcoin Justice AirBit Club 'ponzi' co-founder gets 12 years prison

The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been sentenced to 12 years in prison for his role in a $100 million "pyramid scheme" that purported to be involved in crypto mining.

22.09 / 11:39

business Blockchain Mining Bitmain Bitcoin Deal Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining facilities.

22.09 / 11:39

Mining Environment Bitcoin Bitcoin mining can help reduce up to 8% of global emissions: Report

A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition.

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