Iris Energy to Spend $19.6 Million on Purchase of 7,000 Bitcoin Miners
Australian mining company Iris Energy will boost Bitcoin mining capacity from 5.6 EH/s to 7 EH/s — by 25% — after acquiring new miners from Bitmain.
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.
Iris Energy to Spend $19.6 Million on Purchase of 7,000 Bitcoin Miners
Australian mining company Iris Energy will boost Bitcoin mining capacity from 5.6 EH/s to 7 EH/s — by 25% — after acquiring new miners from Bitmain.
El Salvador launches its own Bitcoin mining pool
The Salvadoran government's Bitcoin mining project Volcano Energy, in partnership with Luxor Technology, has presented the country's first mining pool Lava Pool. Cointelegraph reports.
Uzbek regulator explains the licensing process for cryptocurrency mining
The National Agency for Prospective Projects of Uzbekistan published the regulation on the licensing procedure for cryptocurrency mining.
Bitcoin mining difficulty hits a new all-time high
Following another recalculation, the mining difficulty of the first cryptocurrency rose by a modest 0.35%. The metric reached a peak at 57.32 T.
Kazakh miners complain to President Kassym-Jomart Tokayev about steep electricity bills
Eight Kazakhstan-based cryptocurrency mining companies sent an open letter to President Kassym-Jomart Tokayev about the precarious state of the industry in the country.
Marathon Digital mined a ‘broken’ Bitcoin block
On September 27, the Marathon Digital miner mined an invalid block at height #809 478 on the Bitcoin mainnet due to a transaction-ordering issue.
Russian man earned 5.2 million rubles from fake sale of mining GPUs
A case has been sent to the court in Yaroslavl Oblast against a 42-year-old resident of the Moscow region, who is accused of fraud totaling 5.2 million rubles in cryptocurrency.
Opinion: Mining companies seek to diversify revenue
Mining companies are exploring ways to diversify their sources of revenue. This conclusion was reached by Compass Mining analyst Anthony Power.
Experts point to Bitcoin’s potential to cut methane emissions by 8%
Bitcoin could potentially be a catalyst for the global energy transition and reduce harmful emissions, according to a study by the Institute of Risk Management.
Venezuela police seize Bitcoin miners from gang-held prison
Venezuelan law enforcement, following the assault on Tocoron prison in the city of Maracay, seized several dozen ASIC miners and a large weapons cache.We use cookies to improve the quality of our service.
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