Cryptocoins News / The Cointelegraph - 2 years ago
On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site will be outfitted with 3.8 megawatts...
Cryptocoins News / The Cointelegraph - 2 years ago
A Bitcoiner has "pooled" off another mining innovation. The "waste" heat generated by mining Bitcoin (BTC) is used to warm his swimming pool. Bitcoin enthusiast Jonathan Yuan had kids who “love swimming, but the year before [he started using waste he...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin mining hashrate seems to have hit a phase of stagnation over the past couple of months after riding a continuous uptrend since last July. Bitcoin Mining Hashrate Has Stagnated In The Last Two Months As per the latest weekly rep...
Cryptocoins News / Blockchain - 2 years ago
On Monday, Intel, a US multinational semiconductor chip maker corporation headquartered in California, announced that it has launched its second-generation Bitcoin mining chip, commonly known as “Intel Blockscale ASIC,” which will increase the energ...
Cryptocoins News / The Cointelegraph - 2 years ago
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out r...
Bitcoin News / Bitcoin.com - 2 years ago
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will...
Bitcoin News / Bitcoinist - 2 years ago
The newly-named Blockscale ASIC has been one of the year’s top bitcoin stories. A juggernaut like Intel entering the bitcoin mining space is huge, and the company’s low-energy PR strategy has worked. The headline of today’s story is that the first ba...
Bitcoin News / Bitcoin.com - 2 years ago
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the com...
More / Bitcoin Reddit - 2 years ago
On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption.As...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing,” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower.Using...
Cryptocoins News / NewsBTC - 2 years ago
Bitcoin mining difficulty has been on the rise as the network has gained more popularity. This is a far cry from what was expected after China, which was known as the mining capital of the world at that point, had laid a blanket ban on crypto mining...
Cryptocoins News / The Cointelegraph - 2 years ago
As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support for Bitcoin (BTC) mining.Russia should encourage the development of industrial-level cryptocurrency mining in...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin mining stocks have not fared the best in recent times. Although they were one of the winners of 2021, their fall from grace had been even more rapid than their climb there in the first place. While the digital asset itself was recording losse...
Cryptocoins News / NewsBTC - 2 years ago
Pete Sessions, Texas rep, stated clearly that the growth of the Bitcoin mining sector could expand energy independence in the US. US Congressman Peter Sessions has graced the public with an audacious statement on Bitcoin mining in the country. Pete...
Cryptocoins News / Blockchain - 2 years ago
In a dramatic twist, the Russian Deputy Minister of Energy Evgeny Grabchak is pushing for the regulation of Bitcoin () mining, given the in the country. As by the Russian News Agency, the deputy minister wants a legal framework to be floated as s...
Bitcoin News / Bitcoin.com - 2 years ago
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming&...
Cryptocoins News / NewsBTC - 2 years ago
The New York Times’ campaign against bitcoin rages on. Even though this time they had the perfect opportunity to write a balanced article, they didn’t. The author reports one positive bitcoin mining story after another, while keeping a snooty attitu...
Bitcoin News / Bitcoin.com - 2 years ago
Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is pa...
Cryptocoins News / The Cointelegraph - 2 years ago
Stronghold Digital Mining (SDIG), a crypto mining company in Pennsylvania, is turning waste from old power plants into energy to power hundreds of Bitcoin mining rigs.The company collects coal refuse, a leftover waste material from the process of coa...
Bitcoin News / Bitcoinist - 2 years ago
US Congressman Pete Sessions believes bitcoin is consistent with American ideals and will help boost the US dollar. Rep. Sessions also pointed out that cryptocurrency “is going toward becoming a more resilient alternative choice” for hedg...
Cryptocoins News / The Cointelegraph - 2 years ago
United States Congressman Pete Sessions of Texas has come out with a bold statement about the impact that Bitcoin (BTC) mining will have not just on his state but on the United States as a whole.The Texan representative, a proponent of Bitcoin mining...
Cryptocoins News / The Cointelegraph - 2 years ago
Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s closely watched committee vote in the European Parliament (EP). A last-minute amendment presented by an ad hoc co...
Cryptocoins News / NewsBTC - 2 years ago
Liquid-cooled mining machines from Chinese chipmaker Bitmain have been unveiled. The S19 XP HYD is expected to be one of the company’s most energy-efficient models ever. The new mining setup employs liquid cooling. According to reviewers, it is the...
Cryptocoins News / Blockchain - 2 years ago
The London-listed Bitcoin mining company Argo Blockchain has inked a partnership with Core Scientific that will see both companies swap their BTC mining machines over the next few months. According to the from the two outfits, the Argo's Bitmain...
Bitcoin News / Bitcoinist - 2 years ago
The European Union voted against a de-facto Bitcoin mining ban. In a major event for the entire crypto industry, the coalition’s European Parliament’s Committee on Economic and Monetary Affairs (ECON) rejected a proposal that would have p...
