Hydro-Quebec Increases Electricity Prices by 300% for Bitcoin Miners

2018-6-22 05:00

Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners.

As such, the rates will be increased by up to 300%, which might make the mining process unprofitable. […].

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Источник: nulltx.com

miners mining → Результатов: 13

Bitcoin Mining Hashrate Drops to New Low, as Miners Face Crypto Winter

The Bitcoin mining hash rate declined by over 26% in the last 30 days as miners grapple with falling prices across the board. The post Bitcoin Mining Hashrate Drops to New Low, as Miners Face Crypto Winter appeared first on BeInCrypto.

2022-7-11 06:50
miners mining bitcoin face crypto winter hashrate

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Value Of Ethereum Held By Miners Reaches Five-Year Record Levels

Despite the Ethereum burn introduced with the London hard fork, miners are still making a good amount of revenue from mining. For ETH, the balance held by miners had been dropping since 2016. This was mostly a combination of poor market conditions and miners selling their holdings to fund their mining activities.

2021-10-9 20:35
miners mining ethereum held mostly had combination

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Why Ethereum miners are making more than Bitcoin miners

After the China's ban on mining, other countries around the world opened up avenues for mining activities which are now picking up again. Now, in terms of mining revenue, BTC miners generally dominateThe post Why Ethereum miners are making more than Bitcoin miners appeared first on AMBCrypto.

2021-9-6 11:00	News
miners mining making ethereum bitcoin revenue terms

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Can this factor further incentivize Bitcoin miners?

The crypto mining space is plagued with the problems of expensive power, gradual declines in mining rewards, and hash rate fluctuations. Altogether, they daunt the potential miners from entering this The post Can this factor further incentivize Bitcoin miners? appeared first on AMBCrypto.

2021-4-28 11:00	BTC Trading View
miners mining bitcoin factor incentivize further daunt

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Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release

Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

2020-10-19 04:25
miners mining filecoin scheme incentive complaining saturday

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Mining Difficulty Jumps 11.3% as Miners sell more amid BTC/USD stagnation below $11,000

Mining difficulty jumped 11.3% to hit 19.31 T, the highest ever as miners continued... The post Mining Difficulty Jumps 11.3% as Miners sell more amid BTC/USD stagnation below $11,000 appeared first on Coin Journal.

2020-9-21 18:12	Analysis
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China Crypto Mining is Catching Its Second Wind, Bitcoin Miners Adapting in the Hunt for Power Savings

Chinese Bitcoin mining community is back in action again, buying second-hand mining equipment and making deals with hydroelectric power plants in order to cash on the abundant water supply during the summer would hopefully reduce the energy consumption costs for the miners.

2019-3-5 19:32	News
miners mining power bitcoin crypto summer hopefully

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Hydro-Quebec Increments Power Costs by 300% for Bitcoin Miners

The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. As a result of this uneasy situation, the regulator will allow Hydro-Quebec to raise its electricity prices.

2018-6-22 08:49
bitcoin electricity regulator allow hydro-quebec prices costs

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Why Crypto Miners Are Making Iceland their Top Choice For Mining

As Bitcoin and other cryptocurrencies gain traction with public awareness and societal usage, the incentive to mine coins gets larger and larger. Even with bitcoin in a bear market mining continues to grow in popularity.

2018-6-22 00:07	Mining
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Analysts Concerned About Crypto Mining Impact on AMD Share Price

Some analysts warn that should crypto mining cool down, or miners witch from AMD’s GPUs, investors could be disappointed in what happens to AMD’s stock prices

2018-6-21 06:30	Investments
amd crypto mining analysts could investors disappointed

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Kosovo Offers Inexpensive Cryptocurrency Mining

Cryptocurrency mining can get rather costly, given its massive energy consumption. But the Southeastern European country of Kosovo could provide a solution to that dilemma. While Kosovo might be recognized as one of Europe’s poorer countries, it does have one of the cheapest electricity rates in the region.

2018-6-20 23:02	Mining
cryptocurrency kosovo mining inexpensive offers one rates

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Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate

This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate.

2018-6-16 22:45
study equihash hashrate mining asic miners represent

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ZCash suffers exploding ASIC mining

ASIC miners has rapidly captured more than 30% of the ZCash hash rate. Miners are afraid that mining on ASICs will gain controll over 51% of the network in a couple of weeks.

2018-6-16 21:09	News
zcash miners mining asic asics gain couple

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Malicious Monero Miners Made Off with 5% of Coins in Circulation, Over $175 Million

‘Fair’ mining and privacy altcoin, Monero (XMR), shed $175 million as a result of malicious miners hijacking what amounts to an eye-popping 5% of XMR in circulation. The findings come by way of a cyber security researcher in Northern California, investigating a noticeable trend uptick in mining thievery generally.

2018-6-15 18:45	XMR
circulation 175 malicious million monero miners mining

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24	Regulation
regulations businesses could services significant crypto bitcoin

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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

2018-6-11 01:34	Investing

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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.

2018-6-11 03:08	Mining

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Bitcoin Miner Aspires to Launch Largest Crypto Mining Facility in the U.S.

Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.

2018-6-11 01:16	Mining

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Canadian Bitcoin Miner Turns a Corner, Bolsters Local Economies

By CCN: Canada continues to grow its reputation as a friendly destination for bitcoin mining, which has been of particular benefit to the country’s provinces. Canada is attractive because of its energy cost efficiencies, which at least one crypto mining operation is taking advantage of.

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2018-6-22 05:00

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