Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction – Mining Bitcoin News
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next...
Mining
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective – Mining Bitcoin News
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban...
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels – Mining Bitcoin News
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value – Mining Bitcoin News
Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the...
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and...
Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks – Mining Bitcoin News
Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the...
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity – Mining Bitcoin News
According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to...
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry – Mining Bitcoin News
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a...
Natural Gas Price Hike Hits Crypto Miners in Iran – Mining Bitcoin News
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a...
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils – Mining Bitcoin News
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the...
Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million – Mining Bitcoin News
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9...
3 Bitcoin Mining Records Set in October — BTC Hash Price Taps Lifetime Low, While Hashrate and Difficulty Surged – Mining Bitcoin News
This month bitcoin’s hash price tapped an all-time low of $66,500 per exahash on Oct. 25, according to statistics from...
Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy – Mining Bitcoin News
One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S....
Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine – Mining Bitcoin News
The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy...
Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm – Mining Bitcoin News
On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at...
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s – Mining Bitcoin News
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s),...
Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash – Mining Bitcoin News
On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the...
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High – Mining Bitcoin News
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means...
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’ – Mining Bitcoin News
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since...
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy – Mining Bitcoin News
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy...
Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry – Mining Bitcoin News
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting...
Bitcoin Miner Pow.re Begins Mining Facility Construction in Paraguay, Acquires 3,600 Microbt ASICs – Mining Bitcoin News
According to the crypto mining operation Pow.re Holdings Limited, the firm announced that it has begun construction of two new...
