News about MINING

News about Mining

China to shut down over 90% of its Bitcoin mining capacity after local bans

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming f...

Bitcoin Hashrate Falls 17% Overnight After China Mining Crackdown

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China turns off mining on TikTok. World panics. China turns on machines not on TikTok. China buys your coins. Rinse and repeat

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Meet the company mining bitcoin using the flare gas from oil drilling - and drawing investment from Coinbase and the Winklevii

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Other miners while China bans Bitcoin mining...

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China Bitcoin mining ending are awesome news

Moneybadger don't give a fuck. These are fantastic news for Bitcoin: Bitcoin mining gets more descentralized. Bitcoin mining gets more clean (renewable energy sources). Bitcoin miners in other countries become more profitable. Bitcoin miners all...

China's mining situation is so bullish

I know plenty of newcomers in particular are scared right now but it's incredible that roughly half of bitcoin's mining hash comes from China, who in turn are banning it in basically every province, and because miners are location agnostic th...

Today, China pulled the plug and shut down all mining in Sichuan, a province which is powered 90% by renewables. Now these miners have to find a new home.

Few hours ago, China pulled the plug on all mining in Sichuan province, which as per the Cambridge study contributes around 10% to BTC's Global Hashrate. We are already seeing hashrate drop in large pools such as AntPool which has dropped 3...

Bitcoin Mining In China To Usher Historic Moment, Will BTC Be Affected?

Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. This has created another vari...

Bitcoin Mining Council: We Need To Tackle Negative Media Narratives

The Bitcoin Mining Council has publicized its aim to tackle negative media narratives. In its inaugural meeting which was hosted on Twitter Spaces, the council discussed bad press that has been surrounding Bitcoin and its mining in the past weeks. Th...

Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows. China's crackdown on Bitcoin (BTC) mining may have...

Chinese officials are continuing to tighten down on cryptocurrency mining, with local Bitcoin (BTC) mining rigs being shut down in Sichuan province.

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Bitcoin Mining Council Highlights With Caitlin Long, RIOT CEO & Michael Saylor - June 16th 2021

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Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.” Bitfarms Renewable Op...

Sichuan orders state power grid to cut supply for 26 bitcoin mining farms

submitted by /u/wolll0w [link] [comments]

What would be the best mining pool and miner for eth. Wallet also?

So, I am mining for 3 months now VTC(Vertcoin). Then I was converting it to ETH through Dove wallet. But I realised that I could mine ETH instead. So I got some questions: 1. How long is left untill you can't mine eth anymore? 2. How is going eth...

World Bank dodge El Salvador Bitcoin adoption plan. The International Monetary Fund highlighted the cryptocurrency’s lack of transparency as well as the environmental risks connected with bitcoin mining as factors for its rejection.

submitted by /u/rollingincrypto [link] [comments]

Estonian IT company inks $26M crypto mining deal with Bitmain

Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity. Estonian technology conglomerate Burfa is turning to Bitm...

Kyber Partners with Polygon to Enhance DeFi Liquidity; Launches ~$30M Rainmaker Liquidity Mining Program

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Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program

The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Decentralized finance liquidity hub Kyber Network is set t...

Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices...

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