Forbes reveals the locations of Bhutan’s bitcoin farms
The Kingdom of Bhutan has become a crypto Shangri-La thanks to government land, financing and energy for Bitcoin mining. Journalists from Forbes shared the results of their investigation.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.
Forbes reveals the locations of Bhutan’s bitcoin farms
The Kingdom of Bhutan has become a crypto Shangri-La thanks to government land, financing and energy for Bitcoin mining. Journalists from Forbes shared the results of their investigation.
Bitcoin mining difficulty hits a new high
As a result of another recalculation, the Bitcoin mining difficulty rose by 5%. The metric reached a new high of 67.96 T.
Russia’s energy ministry to sharply raise tariffs for mining centres in Siberia; market players oppose
The Russian Ministry of Energy is preparing to sharply raise tariffs for mining centres in southeastern Siberia, which have become one of the causes of local energy shortages. As reported by Kommersant.
Expert: mining pools block transactions from sanctioned addresses
Mining pools began rejecting transactions from addresses on or to addresses on the OFAC SDN list, without including them in blocks. The situation drew the attention of a Bitcoin developer using the alias 0xB10C.
Abu Dhabi-based mining firm Phoenix Group raises $370 million in IPO
Abu Dhabi-based mining company and colocation services provider Phoenix Group announced a 33x oversubscription to its shares in an IPO of $370 million.
Celsius poised to become a mining company if SEC approval is granted
Celsius Network will focus solely on cryptocurrency mining after restructuring. This will be possible if the amended plan is approved by the SEC.
Bloomberg: Tether to invest $500 million in bitcoin mining
The issuer of the popular stablecoin USDT, Tether, plans to invest $500 million in bitcoin mining.
Riot Platforms Sold 440 BTC in October, while Bit Digital Trimmed Production by 14%
ForkLog has compiled the main mining-company metrics for the month in one piece.
Bitcoin miners post a record daily revenue of $44 million in 2023
On November 12, daily revenue of bitcoin miners stood at around $44 million — a record for 2023.
Bitcoin mining difficulty hits a record high
As a result of another recalculation, the mining difficulty of the leading cryptocurrency rose by 3.55%. The metric reached a record high of 64.68 T.We use cookies to improve the quality of our service.
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