Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction – Mining Bitcoin News
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next...
Mining
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective – Mining Bitcoin News
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban...
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels – Mining Bitcoin News
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value – Mining Bitcoin News
Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the...
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and...
Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks – Mining Bitcoin News
Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the...
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity – Mining Bitcoin News
According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to...
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry – Mining Bitcoin News
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a...
Natural Gas Price Hike Hits Crypto Miners in Iran – Mining Bitcoin News
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a...
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils – Mining Bitcoin News
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the...
Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million – Mining Bitcoin News
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9...
3 Bitcoin Mining Records Set in October — BTC Hash Price Taps Lifetime Low, While Hashrate and Difficulty Surged – Mining Bitcoin News
This month bitcoin’s hash price tapped an all-time low of $66,500 per exahash on Oct. 25, according to statistics from...
Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy – Mining Bitcoin News
One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S....
Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine – Mining Bitcoin News
The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy...
Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm – Mining Bitcoin News
On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at...
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High – Mining Bitcoin News
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means...
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty – Mining Bitcoin News
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad...
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’ – Mining Bitcoin News
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since...
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy – Mining Bitcoin News
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy...
Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher – Mining Bitcoin News
Following the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by...
Bitcoin Miner Pow.re Begins Mining Facility Construction in Paraguay, Acquires 3,600 Microbt ASICs – Mining Bitcoin News
According to the crypto mining operation Pow.re Holdings Limited, the firm announced that it has begun construction of two new...
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country – Mining Bitcoin News
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered...
