Category: Bitcoin mining

Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals

Förbi July 19, 2022 23.3 EH/s, 254 MW, agreement, APLD, Applied Blockchain, Bitcoin, Bitcoin mining, BTC Mining, compute north, Compute North Holdings, Data Centers, Exahash, Fred Thiel, green power, Hashrate, hosting, Marathon, Marathon’s CEO, Marathon’s chairman, Brytning, mining capacity, renewables 0 Kommentarer
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately......
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Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

Förbi July 18, 2022 Bitcoin, bitcoin farms, Bitcoin mining, Climate, konsumtion, Krypto, kryptofarmar, kryptogruvarbetare, kryptobrytning, Kryptovalutor, Kryptovaluta, cryptocurrency mining, Elektricitet, Energi, energy minister, environment, Gruvarbetare, Brytning, gruvgårdar, kraft, restriktioner, Sweden, swedish, usage 0 Kommentarer
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it......
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Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop

Förbi juni 7, 2022 14 known pools, 200 EH/s, Antpool, Bitcoin Miners, Bitcoin mining, Bitcoin’s hashrate, BTC hashpower, BTC Hashrate, BTC Mining, BTC network, DAA, difficulty adjustment algorithm, difficulty change, Exahash, Foundry USA, Brytning, mining bitcoin, Mining BTC, Mining Difficulty, S19 Pro+ Hyd., Terahash, Unknown Miners 0 Kommentarer
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently,......
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Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

Förbi May 14, 2022 bitcoin farms, Bitcoin Miners, Bitcoin mining, closed down, konsumtion, Crackdown, Krypto, kryptofarmar, kryptogruvarbetare, kryptobrytning, Kryptovalutor, Kryptovaluta, underskott, Elektricitet, fines, Iran, iranska, Gruvarbetare, Brytning, gruvgårdar, penalties, brister, shut down, Tavanir 0 Kommentarer
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic,......
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Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

Förbi May 13, 2022 ban, Bitcoin, Bitcoin mining, Krypto, kryptogruvarbetare, kryptobrytning, Kryptovalutor, Kryptovaluta, Elektricitet, Energi, FEE, Law, Legislation, Brytning, Norway, norwegian, parliament, kraft, prohibition, Proof of Work, surcharge, Tax 0 Kommentarer
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for......
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Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners

Förbi May 7, 2022 agency, bitcoin farms, Bitcoin Miners, Bitcoin mining, body, konsumtion, Krypto, kryptofarmar, kryptogruvarbetare, kryptobrytning, Kryptovalutor, Kryptovaluta, Elektricitet, Home Miners, Gruvarbetare, Brytning, kraft, pricing, priser, Ryssland, russian, scheme, tariffs 0 Kommentarer
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament.......
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Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

Förbi April 27, 2022 25% reduction, Bitcoin mining, Bitcoin Mining Council, Bitcoin Mining Network, BMC, BMC member, BMC membership, BTC Mining, Core Scientific, Kryptovaluta, Darin Feinstein, electrical consumption, electricity bitcoin, Elon Musk, Hashpower, Hashrate, michael saylor, Microstrategy’s CEO, Brytning, objectives, sustainable power mix, technological efficiency 0 Kommentarer
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report......
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Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

Förbi April 26, 2022 3 ASICs, Bitcoin mining, Bitcoin Mining Council, BTC Mining, Bureaucrats, kryptobrytning, director of economic development, Fort Worth, Fort Worth Bitcoin, Fort Worth mining announcement, Mattie Parker, mayor Mattie Parker, Brytning, Mining BTC, Q1, Regulators, Robert Sturns, Texas, Texas Blockchain Council 0 Kommentarer
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas......
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Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Miljon

Förbi April 22, 2022 Ben Kortlang, Bitcoin mining, Bitcoin mining data centers, BTC Mining, BTC Mining operations, Carbon, climate change, Crusoe Energy Systems, Crusoe's technology, EZ Blockchain, Flare, Flare Gas, flaring, G2 Venture Partners, Gas, gas-to-bitcoin solution, Greenidge Generation, large-scale bitcoin mining, Brytning, Upstream Data 0 Kommentarer
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology......
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Det ryska finansdepartementet ändrar lagförslaget om digital valuta,' Lägger till Crypto Mining Provisions

Förbi April 10, 2022 bill, Bitcoin mining, Krypto, kryptobrytning, Kryptovalutor, Kryptovaluta, cryptocurrency mining, Digital Currencies, Digital Currency, draft law, finance ministry, Law, Brytning, förordning, Regulations, Ryssland, russian 0 Kommentarer
The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring......
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