Tag: bitcoin mining

Apr 11 2021

Bitcoin Miner Revenue Hits New All Time High Among Other Key Metrics: Potential Bull Case?

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an...

Apr 09 2021

Bitcoin Miner Riot Blockchain Invests $780 Million to Expand Operations

Bitcoin mining firm Riot Blockchain announced its milestone purchase...

Apr 08 2021

Riot Acquires Whinstone With Intent On Operating North America’s Largest Bitcoin Mining Facility

North American bitcoin mining company Riot will acquire Whinstone and add 300 MW of capacity to its operations.Bitcoin mining is a business that requires lots of power to be put toward computing. Now, in a new acquisition that significantly changes the face of the practice in North America, bitcoin mining company Riot Blockchain...

China’s Bitcoin Mining Giant Bitmain Sues MicroBT Whatsminer for $15 Million

It's the battle of the Bitcoin miners out in the open! In a fresh development on Wednesday, April 7, Chinese Bitcoin mining giant Bitmain has filed a $15 million lawsuit against MicroBT Whatsminer with the...

Apr 07 2021

Riot Blockchain To Purchase 42,000 Antminers For $138.5 Million

North American bitcoin mining company Riot Blockchain will purchase 42,000 bitcoin mining rigs, upping its hash rate to 7.7 EH/s.Colorado-based bitcoin mining company Riot Blockchain has...

Apr 05 2021

As Bitcoin Mining Hits All-Time Highs, Access To ASICs Is Key

As bitcoin propels its mining industry to new heights, the challenge of obtaining new equipment is critical.Like many providers in the space, international bitcoin mining services company Compass Mining is on a roll. With the success of BTC and rising mining revenues — now at an all-time high of $60 million per day — this rapidly-growing...

Apr 03 2021

A Future with Fully Renewable Crypto Mining

Bitcoin launched in early 2009. In the 12 years that have followed, we have heard far too many arguments against Bitcoin and other cryptocurrencies. Skeptics love to fantasize about new ways to bash cryptocurrencies and their supporters. Every hack, every stolen Bitcoin provides them an opportunity to tell how terrible cryptos are. Their strongest arguments against Bitcoin, and other proof-of-work (PoW) cryptocurrencies, revolve...

Mar 30 2021

Blockstream Launches Bitcoin Mining Hash Rate Token

Blockstream has announced the launch of Blockstream Mining Note, a Liquid- based security token that tokenizes its bitcoin mining hash rate.Today, Bitcoin infrastructure firm Blockstream announced the launch of a Liquid-based security token called Blockstream Mining Note (BMN), envisioned as a way to give investors exposure to Bitcoin mining.“Each BMN token...

Mar 28 2021

What “Green Bitcoin” May Mean for the Crypto Mining Industry

Breaking Down What “Green Bitcoin” May Mean for the Crypto Industry London- based cryptocurrency firm Argo Blockchain recently...

Mar 26 2021

Kentucky Governor Signs Bitcoin Mining Incentive Bill Into Law

A new law in Kentucky will provide tax exemptions to cryptocurrency mining operations and attract them to the state.The governor of Kentucky, Andy Beshear, has signed a bill meant to incentivize cryptocurrency miners to set up shop in the state into law. The new law “provides sales and use tax exemptions on the tangible personal property directly used...

Mar 25 2021

Bitcoin Will Save Our Earth

By using energy to validate transactions in a way that is independent of any existing grid or source, Bitcoin mining will save the climate.It’s in vogue to think that Bitcoin is accelerating the climate crisis....

Mar 23 2021

Hut 8 Joins Foundry USA Bitcoin Mining Pool

As one of North America’s largest institutional bitcoin mining operations, Hut 8 is bringing 14,400 mining rigs to the U.S.-based pool.Hut 8 Mining Corp., one of North America’s largest institutional bitcoin miners, announced today that it will be joining the Foundry USA Pool, becoming the largest bitcoin mining operation to do so.“Hut 8 has added a portion of its total fleet;...

Mar 22 2021

Bitcoin Miner Greenidge Generation To Go Public Through Merger With Support.com

Greenidge expects the merger to make it the first self-sufficient power generating bitcoin mining operation to the stock market.Greenidge Generation Holdings Inc, parent company of Greenidge Generation LLC, a vertically- integrated bitcoin mining operation,...

Mar 06 2021

Bitcoin Mining Difficulty Lowered For the First Time in 2021 Amid Chinese Crackdown on Crypto Mining

Bitcoin mining difficulty has been lowered by 1.27% to 21.45 T for the first time in 2021 amid the Chinese crackdown on crypto mining farms in inner...

Mar 05 2021

Breaking: Bitcoin Mining Firm Cipher Set to Go Public at $2 Billion Valuation With SPAC Merger

Cipher Mining, a bitcoin mining subsidiary of mining hardware manufacturer Bitfury is all set to go...

Mar 03 2021

Kentucky Lawmakers Approve Bitcoin Miner Incentive Bill

Kentucky legislators have approved a bill that would offer tax incentives to bitcoin miners that set up shop in the state.An overwhelming majority of lawmakers in Kentucky has just approved a bill that seeks to make the state a very attractive option for bitcoin mining operations. The primary bill to receive approval,...

Mar 01 2021

China’s Inner Mongolian Region Propose to End Bitcoin Mining by April to Meet Carbon Emission Goals

The Mongolian province of China has proposed a new regulation to ban Bitcoin & crypto mining along with steel, coke, and methanol production...

Feb 17 2021

Mining Machine Manufacturer Ebang to Start Mining Bitcoins for Itself

The new venture is expected to increase revenue and "optimize" its product offering structure.

Feb 16 2021

Bitcoin Mining Farms in Texas Offline From Winter Storm

Feb 16 2021 Published at CoinDesk under tags  bitcoin mining bitmain news texas

A rare winter storm in Texas has knocked out most of the bitcoin mining facilities in the Lone Star State.

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