News about BITCOIN MINING

News about Bitcoin Mining

Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investo...

Jack Dorsey’s Block Is Hiring To Develop Next-Gen Bitcoin Mining ASIC

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Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources. Deputy for the Spanish Ciudadanos political party María M...

Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos

A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40...

Congress is preparing an oversight hearing on Bitcoin mining environmental impact

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Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate

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Top Bitcoin mining country Kazakhstan turns off internet amid protests

The government of Kazakhstan shut down the internet after the cabinet resigned amid major anti-government protests. Kazakhstan, which boasts the second-largest (BTC)...

Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan

China’s crackdown on crypto mining has allowed Kazakhstan to quickly fill the void by offering cheap fuel and a welcoming business environment. Bitcoin (BTC) mining...

Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts

The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to...

Why Did China Ban Bitcoin Mining? Here Are The Seven Leading Theories

One of 2021’s biggest stories was the China ban on Bitcoin mining. On one hand, the news did affect Bitcoin’s price and gave ammunition to the naysayers that think that governments will outlaw Bitcoin. On the other, the network kept working without a...

Malaysia Seizes 1,720 Bitcoin Mining Machines in Electricity Theft Crackdown

Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints. “Police inspected 75 premises around the district and 30 of them were...

US Congressman on Bitcoin: "Even when 60% of the world’s Bitcoin mining was forced out of China, the network remained reliable. This technology is capable of so much—if we let it!"

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Bitcoin mining difficulty stalls as profitability reaches lowest point in 5 months

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Bitcoin mining firm Marathon orders nearly $900M worth of new machines

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How Does Bitcoin Mining Work?

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Argo Blockchain CEO says Bitcoin mining extremely profitable in 2021

Argo’s CEO Peter Wall says that mining was extremely profitable in 2021 and will likely continue to be even when more miners switch on their machines to increase hashrate in 2022. He also notes that miners understand the need to reduce the...

Abilene, Texas to Build $2.4B Data Centre Hosting Bitcoin Mining

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Stronghold Digital Mining Buys 9,090 Bitcoin Mining Rigs

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Despite Crackdown, Bitcoin Mining Is Still Alive And Well In China

The bitcoin mining crackdown was one of the major moves by a government that rocked the crypto space. The crackdown saw the mass exodus of bitcoin miners out of the presumed mining capital of the world as the Chinese government ramped up its efforts...

Inside the Iranian Bitcoin mining industry

ViraMiner is an Iranian company that sets up Bitcoin mining farms and maintains them. It has two offices in western Tehran, located in separate adjacent buildings.Whe...

A look at how Bitcoin mining tackles methane emissions and excessive energy wastage. This innovation could result in Bitcoin mining becoming a net negative emissions industry

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[Meme] Heaters that are actually just Bitcoin Mining Rigs

Someone needs to sell heaters that are just bitcoin mining rigs. People can buy it and put it in their homes while heating up their houses. You can give them a bit of the profit, or you can keep it ;) You can even pay them to keep the heater on. Sa...

Can't stop crypto: Underground bitcoin mining is thriving in China after official ban

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Paraguay’s Senate Passes Bill Allowing Bitcoin Mining