Mining - page 2

News

El Salvador Passes Bill To Fund Building ‘Bitcoin City’

El Salvador’s National Bitcoin Office (NBO) has announced the passing of the Digital Assets Issuance bill. Passed by the El Salvador Congress on January 11, with 62 members voting for and 16 against, the bill will become law once signed by President Nayib Bukele.

Blockchain & Crypto

You Should Plant 430 Million Trees to Offset Yearly Crypto Mining: Research

A new study from Forex Suggest reveals 431.6 million trees would need to be planted to amend bitcoin mining pollution over the last year only, not to mention the impact of other crypto activities

News

Galaxy Digital to Acquire Bitcoin Miner Argo

The troubled Bitcoin miner Argo will avoid bankruptcy as Galaxy Digital has agreed to acquire its mining facility Helios for $65 million

News

Binance Cloud Mining Suffers from Extreme Weather

The severe winter storm in North America completely made Binance shut down its cloud mining products during Dec. 24-26, so users’ subscriptions were extended for three days

Science & Technology

Microsoft Bans Cryptocurrency Mining on Azure

Microsoft tries to increase the stability and safety of its cloud services by imposing new restrictions on activities like cryptocurrency mining

News

Bitcoin Mining Powers Rural Settlement in Kenya

Despite its high energy intensity, crypto supporters claim Bitcoin mining can have a positive environmental effect. One project in Kenya shows how it might change the lives of rural communities

Blockchain & Crypto

Ethereum Roadmap Gets Another Stage: The Scourge

A new milestone on the Ethereum technical roadmap aims to improve censorship resistance and decentralization of the network

News

BTC energy use surges 41%, urging regulations

The environmental impact of crypto mining is rising regulatory alert, as BTC energy use sees a significant increase year-on-year

News

Binance launches lending for crypto miners

The new lending project will provide crypto miners with access to a $500 million loan fund 

News

Bitcoin miners seek profitability through consolidation: Crusoe acquires peer mining firm

Crusoe Energy Systems has just acquired the operating assets of Great American Mining, as bitcoin mining consolidation goes on

Science & Technology

Bitcoin carbon footprint equals to 6 million cars

Bitcoin industry’s carbon footprint is close to the annual emissions of 6 million cars, according to a calculator from the Environmental Protection Agency

News

Bitcoin mining can solve the global energy crisis: here’s how 

Repurposing Bitcoin mining heat can potentially help solve several energy problems

News

Iran makes the first import with crypto, plans widespread use by end of September

Economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of payment for importing goods

Blockchain & Crypto

Crypto miners moved over $300 million of bitcoin in a single-day exodus

14,000 bitcoin worth over $300 million at its current price, was transferred out of miners’ wallets in a single day

News

Bitcoin daily mining revenue shows an 11-month low

It is the lowest level of mining profitability since October 2020. 

Blockchain & Crypto

What is cryptocurrency mining?

The сrурtосurrеnсу creation process is called mining