Browsing Category
Mining
Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7…
On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now…
Read More...
Read More...
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help…
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps…
Read More...
Read More...
Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget…
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty…
Read More...
Read More...
Progress Toward Bitcoin’s Halving Is 60% Complete, Block Times Suggest Reduction Could Happen…
According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks leverage the…
Read More...
Read More...
Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners – Mining Bitcoin News
The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions have changed and the…
Read More...
Read More...
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much…
As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the…
Read More...
Read More...
Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second – Mining…
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was…
Read More...
Read More...
Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas – Mining…
YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil…
Read More...
Read More...
Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009 – Mining…
Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229…
Read More...
Read More...
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies – Mining Bitcoin News
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label…
Read More...
Read More...