Mining Financial News

27.04 / 20:47

Ethereum Mining Bitcoin Consumption Cambridge Study Reveals Ethereum's Lifetime Energy Use Before Merge on Par with Switzerland's Annual Consumption

A study conducted by Cambridge University’s Centre for Alternative Finance (CCAF) has found that the Ethereum network during its lifespan has used as much energy as Switzerland.

25.04 / 21:21

Mining regulation rally Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives

Roughly 100 people answered the call from the crypto advocacy groups Chamber of Digital Commerce, Satoshi Action Fund, and Texas Blockchain Council to show Texas lawmakers they were against legislation targeting crypto mining firms.

24.04 / 10:33

Blockchain Mining Bitcoin Russia becomes second-largest Bitcoin mining hub after US, claims local miner

Russia has now reportedly become the second-largest country in the world in terms of Bitcoin (BTC) and cryptocurrency mining, with the United States maintaining its position as the leader. Nevertheless, the lack of clear regulations regarding cryptocurrencies in the United States may lead to a potential market distribution shift.

24.04 / 07:35

Mining MicroStrategy World Economic Forum Bitcoin WEF’s promo video shows Bitcoin mining, but it leaves out the B-word

The World Economic Forum (WEF) showcased the facilities and tech employed by a cryptocurrency mining firm and implied its operations were the “biggest winner” for the environment — but it never actually said it was mining crypto.

21.04 / 19:27

Blockchain Technology Adoption Mining regulation Environment data Solana launches emissions dashboard to spur blockchain carbon footprint transparency

The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain.

21.04 / 13:47

Blockchain Technology Adoption Mining Bitcoin The game theory of Bitcoin and cryptocurrencies

The unique characteristics of cryptocurrencies make them an interesting subject for game theory analysis, as they can help explain the incentives and behaviors involved in trading and investing. This article discusses the concept of the prisoner’s dilemma, mining cryptocurrencies and blockchain forks that are relevant to the game theory of Bitcoin and cryptocurrencies.

19.04 / 18:05

business Mining Energy Crypto firm Mawson sells Texas sites for $8.5M ahead of vote on anti-mining bill

Crypto mining firm Mawson Infrastructure Group will be exiting Texas following an $8.5-million sale of its local subsidiary as well as lease agreements and contracts related to operating in the state.

18.04 / 19:53

business Mining Intel GPU Intel will stop manufacturing chips for Bitcoin miners: Report

Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.

18.04 / 08:39

business Mining Energy bills Bitcoin Bitcoin mining and increasing energy bills — Sen. Warren vs. Crypto Twitter

United States Senator Elizabeth Warren blamed the Bitcoin (BTC) mining industry for rising energy prices in American households based on unverified mainstream reporting. However, Crypto Twitter was not ready to let it slide and unanimously decided to clarify the disinformation.

14.04 / 16:45

Mining crypto mining Arizona Governor Vetoes Bill to Limit Local Regulations and Taxes on Blockchain Node Operators

Arizona Governor Katie Hobbs has vetoed legislation that would have barred municipalities from taxing cryptocurrency mining operations.

13.04 / 10:15

Mining regulation Mining Pools Montana ‘right to mine’ crypto bill passes the House

The bill, seeking to enshrine crypto miners’ rights in Montana, United States, successfully passed the third reading in the state’s House of Representatives. Now, the only thing that is required for it to become law is the Governor’s signature.

12.04 / 21:29

Law Mining regulation Bitcoin Crypto miners Bill limiting incentives for crypto miners passes Texas Senate, moves to House

Texas lawmakers in the state’s Senate have approved a bill aimed at largely removing incentives for crypto miners operating under the seemingly friendly regulatory environment.

12.04 / 09:47

Ethereum Mining regulation Tax Bitmain Bitcoin Bitcoin Miner Beijing-Based Bitcoin Miner Bitmain Faces Fines for Tax Regulation Breach – Here's the Latest

Major crypto mining hardware maker Bitmain is reportedly looking at a nearly $4 million fine for unpaid taxes in Beijing.

11.04 / 22:19

business Mining Court Bankruptcy Core Scientific debtors petition bankruptcy court to approve new president

The debtors behind bankrupt cryptocurrency mining firm Core Scientific filed a motion for the approval of hiring a permanent president.

11.04 / 10:11

Mining regulation Taxes Bitmain Bitcoin Bitcoin mining firm Bitmain reportedly fined for tax violations in China

Beijing-based cryptocurrency mining firm Bitmain has reportedly violated tax regulations in China, with local authorities imposing major fines.

10.04 / 16:25

Mining regulation Energy Consumption 'Don't Mess with Texas Innovation' — advocates criticize bill removing crypto mining incentives

Three crypto advocacy groups have launched a campaign in response to proposed legislation that would remove many incentives for miners operating in Texas.

10.04 / 14:49

Adoption Mining regulation Bitcoin BTC Mining Bitcoin proponents respond to New York Times’ BTC mining report

The New York Times’ latest report on Bitcoin (BTC) mining, titled “The Real-World Costs of the Digital Race for Bitcoin,” has irked many BTC proponents — some of whom took to Twitter to call out certain aspects of the report, including saying it was “cherry-picking” data.

09.04 / 09:25

Mining crypto mining Bitcoin Mining Firm Sphere 3D Sues Gryphon Digital Over Spoofing Attack – Here's What Happened

Bitcoin mining firm Sphere 3D is suing Gryphon Digital Mining, its business partner, for losing about $500,000 worth of Bitcoin due to a spoofing attack.

08.04 / 21:45

Mining regulation proof-of-work Bitcoin rights Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

A bill seeking to regulate Bitcoin mining activity in the State of Arkansas has passed in both the House of Representatives and Senate, moving now to the governor's office for approval.

08.04 / 18:55

business Mining Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer

Crypto miner Sphere 3D has filed a lawsuit against its partner Gryphon Digital Mining after an allegedly spoofing attack led to the irregular transfer of Bitcoin (BTC), according to court documents on April 7.

07.04 / 20:49

markets Mining Federal Reserve Derivatives Bitcoin Options Bitcoin Bitcoin Price Bitcoin derivatives Bitcoin derivatives favor further BTC price rally toward $30K

Despite regulatory pressure and worsening macroeconomic conditions, Bitcoin (BTC) demonstrated bullishness holding near $28,000 for the past week. Furthermore, professional traders have maintained leveraged long positions on margin and in futures markets, indicating strength.

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