2023-3-22 22:35 |
The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment. origin »
Bitcoin price in Telegram @btc_price_every_hour
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The crypto winter of 2022 forced many crypto-related establishments into financial stress leading to bankruptcy proceedings. Core Scientific was one of the firms affected by the 2022 market crash as it filed for Chapter 11 bankruptcy due to falling revenue and low BTC prices.
2023-3-22 00:00 | |
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An agency under the US Interior Department’s Office of Inspector General has revealed that oil and gas firms in the country are diverting natural gas to fuel their crypto mining operations without paying federal royalties.
2023-3-3 16:35 | |
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Bitfarms CEO Emiliano Grodzki has resigned. He will be replaced by Geoffrey Morphy, the company's chief operating officer. This comes amid a disastrous year for Bitcoin miners, causing some large firms to declare bankruptcy.
2022-12-30 11:45 | |
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British Columbia has suspended power supply to new bitcoin miners.
2022-12-22 13:03 | |
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British Columbia, Canada, will deny electricity to new crypto mining firms, according to a press release published by the provincial government on December 21. The post Canada’s western province, BC, will block new cryptocurrency miners appeared first on CryptoSlate.
2022-12-22 06:00 | |
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The crypto winter has seen prices of digital assets take a nosedive, with market leader Bitcoin (BTC) losing over 55% of its value since the start of the year as miners clutch at straws to stay afloat.
2022-11-10 16:44 | |
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Data shows most of the public Bitcoin mining companies have been accumulating losses during their lifetimes. Bitcoin Mining Firms Have Been Losing Money Over The Years As per the latest weekly report from Arcane Research, out of the public miners in the red, Core Scientific has especially large losses of $1.3 billion. The relevant concept […]
2022-9-29 22:00 | |
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Compute North Holdings, a firm that offers data center services to cryptocurrency miners and blockchain firms, filed for bankruptcy in Texas. Compute North Applies for Bankruptcy Compute North, a Bitcoin mining hosting firm, has filed for chapter 11 bankruptcy, citing…
2022-9-23 14:10 | |
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The Ethereum [ETH] Merge with the proof-of-stake (PoS) network was successfully completed as of 15 September. The implication of the Merge is that miners are now replaced by validators on the EthereumThe post Ethereum: As major firms dominate staking, ETH's security may be in question appeared first on AMBCrypto.
2022-9-17 06:30 | |
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Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions.
2022-7-16 20:00 | |
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At a time when miners are selling off their earnings due to the lingering downturn in the crypto market that has seen a lot of assets plunge by crippling margins, Marathon Digital Holdings, one of the most prominent Bitcoin mining firms, has shown signs of resilience as it refuses to sell off any of its […]
2022-7-13 22:45 | |
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Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits.
2022-5-11 00:11 | |
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Ripple's Chris Larsen has explained how U.S. miners will benefit from ditching proof-of-work
2021-12-10 23:21 | |
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Publicly-traded bitcoin mining firms have been accumulating and holding bitcoin at an increasing rate.
2021-11-17 04:00 | |
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Public bitcoin mining firms based in North America are holding more than 20,000 bitcoin, wroth more than $1.1 billion.
2021-10-13 02:00 | |
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As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to Paraguay, home to abundant hydroelectric energy.
2021-7-30 15:04 | |
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China's crackdown on bitcoin mining has demonstrably benefited North American firms.
2021-7-15 15:00 | |
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From China to Iran, regulators are increasingly scrutinizing Bitcoin miners’ electricity consumption and environmental impact. This appears to have inspired several firms considering the launch of a Bitcoin ETF to leverage this narrative.
2021-5-26 13:01 | |
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On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer M30S ASIC mining machines.
2021-4-24 03:00 | |
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Bitcoin Mining firms are struggling to meet the increased demand for mining machines despite the rising prices of cryptocurrencies. According to Canaan Creative, a Nasdaq listed firm, crypto mining orders have been rising despite Bitcoin’s hitting new highs in the recent past.
2021-3-16 20:52 | |
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Bitcoin mining operations based in North America, Blockcap said that it purchased another 10,000 AntMiner S19s from Bitmain to expand its hashpower. Several other firms have been on a miner buyinThe post Bitcoin mining firm Blockcap buys additional 10,000 ASIC miners appeared first on AMBCrypto.
2021-2-18 22:06 | |
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A clever way for bitcoin miners to get better loan terms.
2021-1-12 05:00 | |
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The New York Department of Financial Services expects all firms, including virtual currency businesses, to start assessing climate change-associated financial risks.
2020-10-30 16:30 | |
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Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third.
2020-8-26 12:30 | |
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The Bitcoin mining industry is facing an overhaul in mining equipment production as three of the top mining pools – Bitmain, Ebang, and Canaan – all aim at introducing AI chips in the future. Since the launch of Bitcoin, miners have pocketed over $14 billion in rewards, but this revenue is slowly diminishing as new, […]
2020-8-20 19:47 | |
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Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first file an application for registration with […] The post Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus appeared first on Bitcoin News.
2020-8-12 05:00 | |
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About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus paid to miners for solving mathematical puzzles that underpin the […] The post Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving appeared first on Bitcoin News.
2020-5-12 01:27 | |
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A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs.
2020-5-10 06:00 | |
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Thousands of mining firms across Asia are sailing in troubled waters. With Bitcoin‘s price hitting a 10-month low, 2.3 million S9 miners were wiped out in China recently. Source: Bitcoin HashraThe post Bitcoin: Miners are most bullish; investors and hodlers come next appeared first on AMBCrypto.
2020-4-6 11:00 | |
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An uncertain regulatory regime regarding power distribution in Quebec has apparently drove crypto mining firms out of the province
2020-1-23 15:53 | |
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The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world.
2020-1-8 18:00 | |
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As Bitcoin firms add to their arsenal, it seems there’s no stopping the BTC mining industry. But is it still profitable in 2019?
2019-11-8 17:21 | |
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Bitcoin (BTC) mining industry is a lucrative and profitable industry that is witnessing a swelling growth in the number of companies entering the field. The U.S still lags behind in the industry as Chinese mining firms and chip makers hold 60% of the global BTC mining business – compared to U.S’s 5% capture of the […]
2019-10-16 21:34 | |
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Kyrgyzstan cuts off power to 45 crypto mining firms as they consumed more energy than three local regions combined
2019-9-20 14:37 | |
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Authorities in China’s autonomous region of Inner Mongolia released a notice requiring local cryptocurrency mining firms to stop their operations, according to ChainNews. Is Inner Mongolia Starting a Trend Among China’s Authorities? China has enjoyed that status of the world’s hub for cryptocurrency mining since it hosts a good share of crypto miners who’re looking for cheap electricity.
2019-9-16 16:00 | |
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According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […] The post Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining appeared first on Bitcoin News.
2019-5-30 23:10 | |
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On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
2019-4-27 21:31 | |
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Amit Bhardwaj, a man accused of running a $300-million Bitcoin Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition. The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition.
2019-4-4 13:46 | |
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On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […] The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.
2019-3-30 19:20 | |
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AhrvoDEEX is a peer-to-peer decentralized equity exchange that enables profitable trading by using multifactor ranking systems and deep learning algorithms that create smart equity scores and price targets to streamline the decision-making process.
2019-3-28 21:33 | |
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A company is offering cash loans with crypto as collateral. In addition to consumers, the platform says miners, traders and blockchain firms could benefit #SPONSORED
2019-2-19 16:10 | |
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Amidst the worst bear market in the 10-year history of the crypto market, Bitcoin traders have pivoted from long-term strategies to derivatives and options. According to a Bloomberg report, individual Bitcoin traders, as well as many initial coin offering (ICO) projects and investment firms, are engaging in over-the-counter (OTC) derivatives trading.
2019-2-13 16:35 | |
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The current market environment has caused several cryptocurrency companies such as exchanges, and miners to cancel growth plans, downsize their operations or even completely shut down. A massive new fund reportedly in the works is designed to help such struggling firms with much-needed finance until the situation improves and they return to profitability.
2019-1-25 23:41 | |
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A major utility in the U. S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners.
2019-1-13 19:00 | |
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A major utility in the U. S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners.
2019-1-14 19:00 | |
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It seems that Ethereum developers could soon implement a new algorithm that would block ASIC miners from participating in the network. However, the new proposal has to be tested and reviewed before being implemented.
2019-1-5 03:31 | |
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In today’s Chatter Report, Erik Voorhees criticizes cryptocurrency-focused venture capital firms for reneging on their signed term sheet deals. Also, Steve Patterson calls out Amaury Sechet over Chris Pacia’s comment that miners don’t vote.
2018-12-14 11:20 | |
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The CEO of one of the largest cryptocurrency mining firms in North America says miners are being flushed out of the market after Bitcoin’s latest price drop. Bitcoin Mining No Longer Profitable, Miners Exiting En Masse While November has typically been among the most profitable months for Bitcoin investors in the past, this November led.
2018-12-4 00:15 | |
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Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.
2018-11-24 15:00 | |
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Bitcoin Magazine Bitcoin Price Falls to $103,000 As Government Starts to Reopen, Trump Weighs Tariff Checks Bitcoin price dipped below $104,000 after briefly rising above $106,000, as traders weighed Trump’s proposed $2,000 “tariff dividend” stimulus, ongoing government reopening, and key technical levels near $99,000 support and $109,000–$111,000 resistance.
Ethereum Foundation President Aya Miyaguchi sat down with UNICEF innovation unit builder and Giga founder Christopher Fabian and talked about how the UN’s Children Fund came to embrace crypto and the blockchain.
Bill Dudley, the former chief of the New York Fed, warned against holding Bitcoin as a reserve and urged a focus on regulation. Dudley criticized a proposed federal Bitcoin (BTC) reserve championed by Donald Trump during his presidential campaign. In…
Bhutan, the Himalayan kingdom renowned for its happiness index, has seen its Bitcoin holdings surge to over $1 billion as the crypto market rallies. Arkham, in data shared via X on Nov. 11, revealed that the Royal Government of Bhutan’s…
Government-held Bitcoin reserves highlight the significant influence of state actions on crypto markets, potentially shaping future digital finance regulations. The post Bitcoin held by governments near $33 billion mark appeared first on Crypto Briefing.
Bitcoin's inability to surpass $60,000 despite reduced selling pressure from Germany highlights ongoing market volatility and external influences. The post Bitcoin struggles to break key level amid easing selling pressure from German government appeared first on Crypto Briefing.
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.