MINING

 


The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.

Central Bank of Russia Intends to Ban Crypto Mining and Activities
The Central Bank of Russia is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities.
Four Years Down the Line, Iran's Pilot National CBDC is Ready
The Central Bank of Iran (CBI) is taking its favour for digital innovation to a new level with the possibility of introducing its Central Bank Digital Currency (CBDC) within a short time.
EU Market Watchdog Speaks Against Renewable Energy Mining for PoW
The Vice-Chair of the European Securities and Markets Authority (ESMA), Erik Thedéen has taken a stance against the use of renewable energy for all PoW mining operations.
Dorsey's Payments Firm Block Starts to Begin Mining Bitcoin
Block Inc, formerly known as Square, will begin mining Bitcoin with its mining system based on custom silicon and open source for individuals and businesses worldwide.
Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown
Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub following the turmoil that was continually rocking Kazakhstan.
Bitcoin Slips to 4-Month Low as Kazakhstan Internet Shutdown Hampers Mining
Bitcoin dropped below $42K for the first time since September 2021 as the market remains in the red.
Canaan Deploys 10,300 Mining Machines in Kazakhstan, Expanding its Mining Operations
Canaan announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan.
Thailand Sees PoW Mining Surge As China Ban Lingers On
As the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.
Marathon Digital Shares Filing Details of its Purchased Miners and Cost
American Bitcoin mining firm Marathon Digital disclosed that it has ordered a total of 78,000 Antminer S19 XP from Bitmain Technologies in a bid to advance its position as a leading miner in the space.
Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season
Iran is banning cryptocurrency mining for the second time this year in order to reduce the strain on the nation’s power grid.

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