Investment Fund Focused on Crypto Mining to Be Created in Russia – Mining Bitcoin News
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report...
Mining
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia – Mining Bitcoin News
The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in...
Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners – Mining Bitcoin News
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its...
Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year – Mining Bitcoin News
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes...
Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group – Mining Bitcoin News
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in...
Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times – Mining Bitcoin News
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase...
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs – Mining Bitcoin News
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark...
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region – Mining Bitcoin News
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or...
Bitcoin Network Experiences Slight Dip in Difficulty After Record High – Mining Bitcoin News
Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia – Mining Bitcoin News
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company....
Russia Expands Its Crypto Mining Capacity, Report Reveals – Mining Bitcoin News
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn...
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion – Mining Bitcoin News
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased...
Ban on Crypto Mining in Residential Areas Proposed in Russia – Mining Bitcoin News
Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its...
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase – Mining Bitcoin News
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect...
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase – Mining Bitcoin News
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement...
Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining...
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia – Mining Bitcoin News
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the...
2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate – Mining Bitcoin News
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash...
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading – Mining Bitcoin News
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the...
Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid – Mining Bitcoin News
Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin...
Russian Parliament Postpones Adoption of Crypto Mining Bill – Mining Bitcoin News
Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote...
