MINING

China’s Guangdong Province Orders Fresh Crackdown on Bitcoin Mining

Guangdong regulators have revamped a new mechanism for investigations and confiscations of crypto mining activities.

Mining company Argo Blockchain to Launch Flagship Mining Facility in Texas

The London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week.

Solar-powered Crypto Mining Becomes Legal in Uzbekistan

Companies in Uzbekistan can start mining cryptocurrencies using solar energy, a presidential decree released this week stated.

Riot Blockchain Mined 508 BTCs, Increased 150% in April

The production growth is attributed to Riot Blockchain’s continued investment resources in its plants and advanced mining chips.

Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US

Fort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.

Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home

Compass Mining, an American Bitcoin mining company, has published a guideline that will help retail individual miners to set up their mining rigs at home.

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.

Dual Miners Launches Dual Miners with SHA-256 and Scrypt

Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.

Iran to Introduce Additional Penalties for Illegal Crypto Mining

The Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity.

Musk Abandons Twitter Board, Tesla Builds Partnership to Make BTC Mining Eco-Friendly

Tesla's boss Elon Musk decides not to join the board, who recently become the biggest shareholder in Twitter. Meanwhile, Tesla, Blockstream, and Jack Dorsey-owned Block have teamed up to power a bitcoin mining facility with solar energy.