Abkhazia’s Interior Ministry uncovers 230 mining devices
The authorities in Abkhazia continue raids to identify mining farms. Over the past week they uncovered 230 devices used for cryptocurrency mining, according to the local Interior Ministry.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.
Abkhazia’s Interior Ministry uncovers 230 mining devices
The authorities in Abkhazia continue raids to identify mining farms. Over the past week they uncovered 230 devices used for cryptocurrency mining, according to the local Interior Ministry.
500.com to rename itself BIT Mining Limited
NYSE-listed online-lottery services provider in China, 500.com Limited, announced plans to change its name and ticker.
Argo Blockchain buys land in Texas for new mining centre
The London-listed mining company Argo Blockchain has acquired 320 acres (129.5 hectares) of land in Texas to build a new Bitcoin mining data centre.
Media reports: AMD to release GPUs for cryptocurrency mining.
In the coming months, AMD could release a line of specialized GPUs for cryptocurrency mining. Trade press cite an insider who examined a new version of the company's Linux drivers.
Norway’s oil magnate’s company eyes Bitcoin
Norwegian holding company Aker opened the Seetee division to invest in cryptocurrencies and blockchain. The first partner was Blockstream.
Ethereum miners trigger gaming-laptop shortage as Nvidia tightens hash-rate limits.
Miners in China, South Korea and Taiwan have begun bulk-buying gaming laptops powered by GeForce RTX 3060 GPUs. This followed Nvidia's announced plans to restrict the hash rate of desktop GPUs. This is according to Hardware Times.
Canaan Sells 8,400 ASIC Miners to U.S. Firm Blockcap
The American mining company Blockcap announced the acquisition of 8,400 Avalonminer 1246 Bitcoin miners from the Chinese manufacturer Canaan.
US mining company aims to go public at a $2 billion valuation
Cipher Mining Technologies Inc, a newly formed US mining subsidiary of Bitfury Top HoldCo BV, has entered into a definitive merger agreement with the Nasdaq-listed firm Good Works Acquisition Corp, a SPAC created for acquisitions.
Ethereum EIP-1559 Included in July London Hard Fork Despite Miners’ Opposition
The EIP-1559 proposal, which entails burning a portion of transaction fees, will be part of the London hard fork scheduled for July. The decision was taken following a conference of core developers, despite miners' objections.
How Much Do Bitcoin Miners Move the Market? Part II
Analyst Karim Helmi and the Coin Metrics team developed a new methodology for quantitatively assessing assets at the disposal of Bitcoin miners. Its feature is the separation of miner activity and mining pools, enabling a more precise assessment of the coins under their control.
Argo Blockchain employees to be paid in Bitcoin
The London-listed mining company Argo Blockchain announced that, from March 1, employees have the option to be paid in Bitcoin. The option has been taken up by CEO Peter Wall.
Bitfarms acquires 48,000 ASIC miners; deliveries set to begin in January 2022 and to be completed by December 2022
Bitfarms, listed on the Toronto Stock Exchange (TSXV), bought 48,000 miners for cryptocurrency mining. MicroBT will begin deliveries in January 2022 and complete them by December of the same year.We use cookies to improve the quality of our service.
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