2022-2-23 14:26 |
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement.
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The Russian Ministry of Economic Development (RECD) has announced that it would cut a significant percentage of taxes on Bitcoin mining activities within the region. This announcement, which was reported by local news source Izvestia, further explained the plans of the Kremlin government to encourage more mining investment within the region by mapping out strategic […]
2022-2-17 12:26 | |
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El Salvador President Nayib Bukele announced that the Central American country purchased 410 more Bitcoins in a recent market dip. The announcement came days after his administration revealed its intentions to invest significant funds into cryptocurrency mining operations.
2022-1-26 19:00 | |
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It has been somewhat of a rollercoaster ride for Bitcoin in the past week. While Russia's announcement of a possible crypto trading and mining ban has put pressure on the market, SEC's rejection of twThe post El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm appeared first on AMBCrypto.
2022-1-22 14:30 | |
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Metamining, a Bitcoin mining company, is now one of the most profitable Bitcoin mining operations in the Middle East region, thanks to its innovative water curtain system. As per the announcement, the company has introduced a cooling system, “water curtain,” which is six times more power-efficient than air conditioning. These water curtains rest on one […]
2021-12-23 23:11 | |
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China’s Communist Party has ousted one of its top officials for reportedly turning a blind eye to cryptocurrency mining activities. China Sends Yet Another Stern Message That Crypto Mining Is Illegal Per the announcement, Xiao Yi was also the vice-chairman of the Jiangxi Provincial CPP Consultative Conference, besides being a party member of the Communist […]
2021-11-17 22:39 | |
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A couple of years ago, the idea of a new volcanic geothermal Bitcoin mining facility would make a good science fiction plot. As this dream becomes reality after the announcement by El Salvador, the woThe post Quicker than IT services, but Bitcoin mining's growth could have these implications appeared first on AMBCrypto.
2021-10-5 16:30 | |
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Despite the broader crypto market hitting a speed bump in the last few weeks, the industry is seeing more influx of funds and investors. In a recent announcement, Bitcoin mining company Genesis Digital Assets raised more funds to expand its operations.
2021-9-22 20:09 | |
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Avalanche AVAX/USD is a platform that essentially allows anyone to produce their own blockchains as well as decentralized applications (dApps) which wes built by Ava Labs. It was developed as a solution to slow transaction speeds, centralization, and scalability.
2021-8-20 16:52 | |
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Canaan, creator of iconic Bitcoin (BTC) mining machine company AvalonMiner, made headlines with its fresh investing announcement
2021-8-11 16:57 | |
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BENQI, a decentralized non-custodial liquidity market protocol, and Avalanche plan to allocate $3 million AVAX, Avalanche’s native token, to be used as liquidity incentives for BENQI users. As per the announcement, the AVAX tokens will be used to reward users who are lending and borrowing ETH, LINK, AVAX, wBTC, USDT, and DAI on the protocol […]
2021-8-11 00:20 | |
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UK-based major cryptocurrency mining firm, Argo Blockchain, revealed that it is looking at a potential secondary listing on Nasdaq. Argo Explores Nasdaq Listing The company made the announcement via Twitter on Tuesday (July 6, 2021), while giving its operational and strategic update for June 2021.
2021-7-7 01:00 | |
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Bitcoin mining firm TeraWulf has signed a purchase order of 30,000 mining machines from the largest Bitcoin machine producer Bitmain. Mining Machines To Be Delivered In 2022 The mining machines, called the Antminer S19j Pro, will be delivered from January to June 2022 according to the announcement released by Bitmain.
2021-6-30 19:06 | |
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According to an announcement from MicroStrategy CEO Michael Saylor, the controversial Bitcoin mining council went online on Thursday, June 11. The council’s goal is to reshape the crypto mining industry’s dynamics by promoting energy-efficient mining solutions.
2021-6-11 19:00 | |
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Канадская майнинговая фирма Hut 8 Mining Corp. получила одобрение на листинг акций на фондовой бирже Nasdaq. ANNOUNCEMENT 👉HUT 8 APPROVED✅ to list on the NASDAQ GLOBAL SELECT MARKET.
2021-6-11 14:57 | |
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Blockchain technology firm Blockstream allies with Square to push for solar-powered bitcoin mining. Powering Solar-Energy Mined Bitcoin In an announcement made on June 5, blockchain firm Blockstream announced a partnership with Jack Dorsey’s Square Inc.
2021-6-7 10:00 | |
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Electric car manufacturer Daymak Inc has revealed that its upcoming Daymak Spiritus will be the first electric car to mine cryptocurrencies. This announcement was revealed on June 1 in a press release where the company stated its goal for its new line of electric vehicles.
2021-6-3 11:00 | |
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On Monday, the publicly-listed enterprise mining firm Marathon Digital Holdings announced the company has adopted the latest codebase offered by Bitcoin Core developers that features Taproot. Marathon is now signaling for Taproot according to the announcement.
2021-6-1 02:00 | |
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Canadian publicly listed company, Hello Pal has announced the acquisition of crypto mining firm Crypto Pal. The announcement was made in a press release with Hello Pal offering more details about the purchase.
2021-5-29 11:00 | |
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Riot Blockchain Inc. has announced the acquisition of America’s Bitcoin mining facility, Whinstone US. Based on the announcement, the total consideration paid for the acquisition was $80 million in cash and 11.
2021-5-28 12:21 | |
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Chinese Bitcoin miners don’t appear keen on waiting around to find out what their fates will be in the wake of the government’s announcement over an inbound crackdown. In a joint statement published last week, the Chinese Premier and State Council voiced an intent to clamp down on Bitcoin mining in the country, causing the […]
2021-5-26 18:19 | |
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According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies.
2021-6-8 17:44 | |
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BTC.TOP CEO Jiang Zhuoer has taken to Twitter to dismiss some concerns raised around recent "crackdown" announcement by Chinese governmental officials
2021-5-24 17:33 | |
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Some top metal and mining companies have come together to trace cobalt used in electric cars with the help of blockchain technology. Tracing Cobalt With Blockchain According to an official announcement on Thursday (May 20, 2021), Switzerland-based commodity trading and mining company Glencore, along with leading miners Eurasian Resources Group (ERG), CMOC, and battery materialRead More
2021-5-21 09:00 | |
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The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx has recently submitted a Bitcoin Improvement Proposal (BIP) that aims […]
2021-5-15 02:00 | |
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On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over bitcoin mining.
2021-5-15 00:30 | |
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A number of Cybertruck customers have reportedly canceled their preorders following Tesla’s announcement it would no longer accept Bitcoin. Tesla CEO Elon Musk posted a statement saying the firm has concerns over the rising use of fossil fuels in Bitcoin mining.
2021-5-14 03:00 | |
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On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan […]
2021-4-22 17:30 | |
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USA News Group – The act of mining cryptocurrencies, such as Bitcoin is truly going global, including a recent announcement that Bitcoin mining has come to the Arctic...
2021-4-22 22:53 | |
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BitFuFu, the world's first crypto-mining standardization platform, has made an official announcement that Bitmain, the largest mining company in the world, has invested in their platform. The funding The post Mining giant Bitmain invests in crypto-mining platform BitFuFu appeared first on AMBCrypto.
2021-4-8 08:39 | |
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In an announcement on March 24, Opium Protocol stated that it was launching liquidity mining incentives on the Binance Smart Chain version of the 1inch exchange. The new liquidity mining pool on BSC starts at midnight on March 25 at 00:01 UTC.
2021-3-25 09:26 | |
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A Shenzhen-listed information and communications technology (ICT) company ZJBC has plans to invest in the bitcoin mining sector according to a recent announcement. ZJBC says that it aims to spend up to $155 million on Microbt manufactured ASIC mining rigs.
2021-3-20 17:00 | |
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Avid proponents of Dogecoin (DOGE) and Litecoin (LTC) are likely responsible for crashing the website of a Canadian social platform after the company revealed its investment in DOGE and LTC mining. Dogecoin remains the quintessential meme coin amid social media backing by popular figures like Elon Musk and Mark Cuban. Hello Pal Website Suffers TemporaryRead More
2021-3-13 22:00 | |
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A massive online traffic surge temporarily overloaded a website back in February after the company announced that it invested in Dogecoin.
2021-3-13 14:38 | |
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Bitfarm is a Canada-based Bitcoin mining company that came to an agreement of buying 48,000 new MicroBT machines-to enlarge their capacity of exahash (EH) or hashrate. The announcement held on Tuesday reveals that the capacity of hashrate will be expanded to 5 EH/Second from its current 1.
2021-3-4 22:18 | |
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Tech company Nvidia, inventor of the GPU has decided to address the “specific needs” of the Ethereum mining community. According to its latest announcement, the firm launched NVIDIA CMP, a dedicatThe post Nvidia limits hash rate for GPUs, launches CMP for ETH miners appeared first on AMBCrypto.
2021-2-19 01:30 | |
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Bitcoin's price registered yet another ATH once again after Tesla's announcement. For bitcoin miners, they have been noting profit, and popular bitcoin mining firm, Bitfarms entered an agreement of prThe post Bitcoin mining company Bitfarms raises $31M appeared first on AMBCrypto.
2021-2-8 19:45 | |
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The team is awaiting community input to determine the parameters of V2's liquidity mining
2021-2-3 23:22 | |
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Huobi Pool, the digital assets mining and trading pool of Huobi Global, has rolled out mining for Conflux (CFX), the native token of the Conflux Network. The organization unveiled this news via an official announcement on December 14, noting that its PoW Innovation Zone would open the CFX mining function at 8:00 AM UTC, December 15.
2020-12-16 00:40 | |
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The founder of the leading social media platform Twitter has committed to a Bitcoin initiative to which he has contributed $10 million for the facilitation of an eco-friendly Bitcoin mining future. Leading payment firm Square, which is also headed by Jack Dorsey, made the big announcement on Tuesday.
2020-12-9 11:14 | |
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As part of the announcement, the company revealed the Bitcoin Clean Energy Investment Initiative. Square will invest $10 million as part of the move. The money will help fund research into Bitcoin mining that relies on renewable energy sources.
2020-12-8 18:35 | |
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OKEx Jumpstart, the cryptocurrency project accelerator operated by global crypto spot and derivatives exchange OKEx now supports mining on its platform. According to the announcement, the feature will allow OKB token holders to stake their tokens 14 days before the listing of a new Jumpstart project for a chance to gain rewards and staking incentives. […]
2020-9-10 16:15 | |
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Barry Silbert’s Digital Currency Group has entered into the bitcoin mining world with the announcement of its new wholly-owned subsidiary, Foundry. “Digital asset mining and staking provide the backbone of the blockchain technology that will drive that advancement,” noted Silbert, the founder and CEO of DGC.
2020-8-27 20:31 | |
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Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including 100 million rials (about $2,400).
2020-8-23 16:30 | |
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The government of Iran has approved a decision that would allow industrial-scale powerplants in the country to operate bitcoin miners in their plant, given they don't use subsidized fuel. The announcement was made on July 27th in the Islamic Republic News Agency (IRNA), a local publication.
2020-7-31 23:13 | |
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Following the announcement of Bitfly's Ethermine pool to finally pay out an eight-digit fee to Ethereum (ETH) miners, Sparkpool has made a similar decision
2020-6-16 15:39 | |
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The announcement released on Friday states, Bixin will set aside 6,600 BTC (~66 million dollars) from its proprietary mining capital into the “fund of funds”. The funds will be invested in global quantitative trading funds with a special focus on arbitrage, BTC futures and general technical and trend analysis within the industry. As Bitcoin heads […]
2020-5-8 15:52 | |
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Northern Data AG sees its shares surge 40 percent as COVID-19 drastically increases demand for computational power
2020-3-30 18:56 | |
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Only a month after making the announcement that it’s going to release the crypto mining hardware Antminer S19 Series, Bitmain has put the product on sale. The sales are to be made domestically first and internationally very soon after.
2020-3-24 23:09 | |
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TAAL, a Canadian Bitcoin mining firm which mines Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV), has announced their plans to no longer mine on the BCH chain. This announcement comes in response to the unilateral announcement to impose a 12.
2020-1-29 02:00 | |
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| Analogue Notcoin - TapSwap |
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.
As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of U.S. dollars.
Data shows that Bitcoin miners’ BTC reserves are at their lowest since December 2021, despite a dramatic hash rate renaissance.
Bitcoin’s mining difficulty fell by 7. 32% over the past two weeks, the largest negative adjustment in almost 18 months. Mining difficulty adjusts every 2,016 blocks or roughly two weeks and depends on average block time (10 minutes) and hashrate.
Only once before has BTC been such good value versus hash rate — and that was long before even the 2017 all-time high.
Miners may hit pause on the good times for BTC price action, according to one theory, as the weekend promises support tests.
Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.