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Mining
Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital
The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt…
Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s…
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are…
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce…
China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
As Chinese authorities make it harder than ever to exchange cryptocurrency into fiat, miners may be forced to move to other jurisdictions, local sources say.On Monday, crypto industry blogger Colin Wu tweeted that miners in China have been…
S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around…
A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to…
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
'Bond King' Jeffrey Gundlach: Stock Market Will Crack Pretty Hard, Bitcoin Good Inflation HedgeDoubleline Capital's CEO, the billionaire "bond king" Jeffrey Gundlach, has predicted that the stock market is going to "crack pretty hard."…
Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash
Bitcoiner Elected to US Senate: Cynthia Lummis Sees 'Great Promise' in BitcoinA bitcoin hodler has won a U.S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because she believes in the economic power of…