Genesis plans to more than triple its hashing capacity from 2.6 EH/s to 8.1 EH/s.
Category: mining
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BIT Mining steps up Bitcoin mining operations in Kazakhstan
The mining firm’s expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022.
Luxor Technologies Announces New Crypto Mining Stock Index
Luxor Technologies, Bitcoin mining pool and data analytics firm, now features a mining stock index on their Hashrate Index data platform.
Iran Raises Alarm Over Potential Influx of Miners From China
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible influx of miners and illegal imports of mining hardware from China. Tavanir Warns […]
Utah Oil Producer Is Using Otherwise Wasted Gas To Mine Bitcoin
Wesco has stopped flaring excess natural gas and is now using it to mine bitcoin, reducing carbon emissions and increasing profits.
Utah Oil Producer Is Using Otherwise Wasted Gas To Mine Bitcoin
Wesco has stopped flaring excess natural gas and is now using it to mine bitcoin, reducing carbon emissions and increasing profits.
Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks
Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made it so the next mining difficulty change will increase for the first time in eight weeks. The four consecutive difficulty drops turned out to be the largest slide in Bitcoin’s […]
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh banks will be permitted […]
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh banks will be permitted […]
Crypto cowboys: Texas counties welcome Bitcoin miners with open arms
Bitcoin mining facilities are setting up shop in Texas, but not only for obvious reasons like wind and land opportunities. Here’s why the state is becoming popular.