Tag: Mining
Bitcoin price and energy use for mining highly correlated: UN report
A recent study conducted by the United Nations suggests a direct correlation between the price of Bitcoin (BTC) and the energy needed for mining opera [...]
Bitcoin (BTC) Miners Lobby U.S. Congress to Counter Environmental ‘Misunderstanding’
When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite ene [...]
Bitcoin (BTC) Mining Stocks Including MARA, BTBT Rally With Bitcoin Price as Halving Concern Looms
The shares of Bit Digital (BTBT), TeraWulf (WULF), Hut 8 (HUT) and CleanSpark (CLSK) rose more than 10%, outpacing their peers such as Marathon Digita [...]
Bitcoin price shrugs off bears, but mining stocks take a beating: Report
Until Bitcoin (BTC) breaks its long-established $25-30k trading range, the crypto market is arguably in what some analysts have called a “crab market” [...]
Pennsylvania Democrat Greg Vitali Scraps Proposed Crypto Mining Ban to Advance Energy Conservation Bill
"The crypto mining industry is a massive energy user," Vitali said at the time. "Globally, crypto mining consumes more energy than the countries of Ar [...]
Pennsylvania crypto mining permit halt cut from bill after union pressure
A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate the sector’s energy consumption claiming trade la [...]
Mining BTC is harder than ever — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week firmly back in the “Uptober” spirit as the weekly close gives way to a classic short squeeze.In a return to classic BT [...]
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.
www.coindesk.com [...]
Bitcoin mining restricted to legal entities in Uzbekistan: Official
Cryptocurrency mining in Uzbekistan is overcoming major changes as the country’s major crypto market supervisor has approved a framework for licensing [...]
El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor
El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins mining blocks through Lava Pool in part [...]
What is the CryptoNight mining algorithm, and how does it work?
Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks lik [...]
Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company
Fabiano’s new company will work with Compass Mining and Giga Energy, among others.
www.coindesk.com [...]
Bitfarms increases mining pace, generates 411 BTC in September
The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last month.Bitf [...]
Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K
Bitcoin (BTC) Ordinals are boosting miner profits, but “income stress” is looming, new research warns.In the latest edition of its weekly newsletter, [...]
Argentinian oil company to start mining crypto with gas power leftovers
A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining. As reported by local [...]