Cryptocoins News / The Cointelegraph - 3 years ago
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation. Bitcoin’s reliance...
Bitcoin News / Bitcoin.com - 3 years ago
John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel ow...
Cryptocoins News / CoinJournal - 3 years ago
Miners relocating out of Bitcoin mining regions in China have flooded the market with second-hand mining machines to the detriment of Bitmain’s new devices.
Most miners are now looking to move to Texas or Kazakhstan
Bitmain Technologies Ltd, a...
Bitcoin News / Bitcoin.com - 3 years ago
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world...
More / Bitcoin Reddit - 3 years ago
It seemed that China was leading the world in mining, but was using coal power for much of it. With China’s coal powered mining ceasing, we may be able to see a quick and significant movement in the percentage of clean energy Bitcoin Mining…. I wonde...
Bitcoin News / Bitcoin.com - 3 years ago
Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital.
7,000 cryptocurrency mining machines have been seized by Iranian authorities...
Bitcoin News / Bitcoin.com - 3 years ago
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country.
Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that &ldquo...
Bitcoin News / Bitcoin.com - 3 years ago
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in th...
by COINS NEWS - 3 years ago
Paraguay have announced they will be following El Salvador's lead and legislate Bitcoin as legal tender in 2022. Paraguay is joint owner of the Itapu hydro-electric dam - the second largest hydroelectric dam in the world. In the period 2010-2019,...
More / Bitcoin Reddit - 3 years ago
Moneybadger don't give a fuck. These are fantastic news for Bitcoin: Bitcoin mining gets more descentralized. Bitcoin mining gets more clean (renewable energy sources). Bitcoin miners in other countries become more profitable. Bitcoin miners all...
Cryptocoins News / NewsBTC - 3 years ago
Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. This has created another vari...
Cryptocoins News / NewsBTC - 3 years ago
The Bitcoin Mining Council has publicized its aim to tackle negative media narratives.
In its inaugural meeting which was hosted on Twitter Spaces, the council discussed bad press that has been surrounding Bitcoin and its mining in the past weeks. Th...
Bitcoin News / Bitcoin.com - 3 years ago
The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.”
Bitfarms Renewable Op...