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.

Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining
The use of volcano power to mine Bitcoin (BTC) in El Salvador was propelling the leading cryptocurrency’s quest to accelerate renewable energy development.
El Salvador Takes First Steps Towards Bitcoin Mining Using Volcanoes
Nayib Bukele, the president of El Salvador, has announced the first steps that the country has taken to enable volcanoes to mine Bitcoin.
China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto
Sparkpool, an Hangzhou-based Ethereum mining pool in China, has suspected of providing its services to its customers in China and further plans to halt the services abroad.
Kyrgyzstan Shuts Down Over 500 Illegal Crypto Miners
Kyrgyzstan has moved to stem the rise of illegal crypto mining activities in the country by disrupting the activities of a network of unauthorized operators.
Bitcoin Perpetual Swaps Open Interest Hits the Highest Point Since Mid-April by Topping the $16B Mark
Bitcoin (BTC) has been experiencing an uptick in activities with perpetual swaps open interest recording a 5-month high.
Crypto Mining Demands Ramps Up in Vietnam Amid Bitcoin’s Price Surge
Surging Bitcoin’s price is currently creating greater demand for cryptocurrency mining in Vietnam. Increased interest in mining activities are also being seen in several regions across the world.
Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining
The president of Belarus, Alexandra Lukashenko, is urging his citizens to take advantage of cheap electricity in the country to do crypto mining instead of seeking jobs abroad.
Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan
American Bitcoin mining firm Genesis Digital Assets is purchasing additional 20,000 units of bitcoin ASIC miners from China’s Bitcoin mining hardware manufacturer Canaan Creative. The purchase will help Genesis to scale up its mining operations.
Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving
Bitcoin’s hashrate has been on the right footing because it has resumed more than doubled after falling by 50% amid intensified crypto mining crackdowns by Chinese authorities.
Bitcoin Mining Difficulty Hits One Month High
The Bitcoin mining difficulty has increased for the third time in a row, reducing miners profitability.

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