At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region – Mining Bitcoin News
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or...
Mining
Bitcoin Network Experiences Slight Dip in Difficulty After Record High – Mining Bitcoin News
Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two...
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown – Mining Bitcoin News
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months....
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia – Mining Bitcoin News
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company....
Russia Expands Its Crypto Mining Capacity, Report Reveals – Mining Bitcoin News
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn...
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion – Mining Bitcoin News
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased...
Ban on Crypto Mining in Residential Areas Proposed in Russia – Mining Bitcoin News
Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its...
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase – Mining Bitcoin News
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect...
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging – Mining Bitcoin News
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128....
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase – Mining Bitcoin News
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement...
Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining...
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia – Mining Bitcoin News
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Mining Bitcoin News
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said...
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading – Mining Bitcoin News
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the...
Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid – Mining Bitcoin News
Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin...
Russian Parliament Postpones Adoption of Crypto Mining Bill – Mining Bitcoin News
Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote...
Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High – Mining Bitcoin News
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per...
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt – Mining Bitcoin News
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11...
Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG – Mining Bitcoin News
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published...
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher – Mining Bitcoin News
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022...
Russia Cracking Down on Crypto Miners Minting in Residential Areas – Mining Bitcoin News
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from...
