bitcoin-mining
North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance
US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.
Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan
Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.
UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin
Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.
China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns
A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Coinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.
Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining
Grayscale parent company DCG has announced its entry into Bitcoin mining.
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day
Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.
Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.
Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History
The latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves
Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.
Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT
Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.