Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards – Mining Bitcoin News
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against...
Mining
Ethereum Classic’s Hashrate Taps Another All-Time High Following Ethereum’s Hardened Merge Timeline – Mining Bitcoin News
On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high...
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year – Mining Bitcoin News
Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use...
Russian Caught Mining Crypto in Covid-19 Clinic – Mining Bitcoin News
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at...
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector – Mining Bitcoin News
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid...
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block – Mining Bitcoin News
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors – Mining Bitcoin News
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit...
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit – Mining Bitcoin News
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’ – Mining Bitcoin News
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring...
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022 – Mining Bitcoin News
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity...
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms – Mining Bitcoin News
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for...
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices – Mining Bitcoin News
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on...
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2 – Mining Bitcoin News
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than...
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day – Mining Bitcoin News
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by...
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry – Mining Bitcoin News
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry...
Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia – Mining Bitcoin News
Russia could be a large player in the crypto mining space, experts in the field have established in research naming...
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March – Mining Bitcoin News
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the...
Masked Men Rob Large Crypto Mining Farm Near Moscow – Mining Bitcoin News
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified...
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv – Mining Bitcoin News
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the...
Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals – Mining Bitcoin News
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option...
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says – Mining Bitcoin News
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s...
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’ – Mining Bitcoin News
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to...
