All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Experts estimate SSD wear from mining the Chia cryptocurrency
Mining the Chia cryptocurrency shortens the lifespan of a 512GB SSD from five years to two months.
Iran bans trading of bitcoins mined abroad, central bank confirms
The Central Bank of Iran (CIB) confirmed the ban on cryptocurrency transactions mined abroad.
Amazon offers cloud-mining services for the Chia cryptocurrency
The tech giant Amazon unveiled a solution for mining the Chia cryptocurrency on its AWS cloud computing platform.
Bank of Russia tests collective mining service and cryptocurrency payments
In 2020, the Bank of Russia, within the regulatory 'sandbox', tested three services related to the cryptocurrency market. This is reported in the regulator's annual report.
Bitmain orders 5nm chips for its ASIC miners
The ASIC-miner manufacturer Bitmain has placed an order with Taiwan's TSMC for 5-nanometer chips for its equipment.
Bit Digital Mined 1,013 BTC in Q1
The Nasdaq-listed American mining company Bit Digital posted revenue of $43.95 million in Q1 2021. The firm mined 1,013.4 BTC during the period, according to the earnings report.
Bit Digital joins Foundry USA pool with 5,679 Bitcoin miners
The Nasdaq-listed Bit Digital announced its joining of the Foundry USA mining pool operated by DCG's subsidiary Barry Silbert.
In North Ossetia, cryptocurrency miners detained over electricity theft worth 2.6 million rubles
Law enforcement authorities in North Ossetia have detained the owners of two cryptocurrency mining farms. They are suspected of stealing electricity worth more than 2.6 million rubles.
Russia’s hard-drive sales double amid the Chia craze.
In late April, analysts recorded a sharp spike in demand for HDDs and SSDs in Russian online stores.We use cookies to improve the quality of our service.
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