Over 100 Bitcoin-mining firms shut down in Kazakhstan
Following a series of inspections in Kazakhstan, 106 mining companies have ceased operations, some linked to prominent businessmen and former officials.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.
Over 100 Bitcoin-mining firms shut down in Kazakhstan
Following a series of inspections in Kazakhstan, 106 mining companies have ceased operations, some linked to prominent businessmen and former officials.
Bitmain unveils the Antminer S19 XP Hyd, a liquid-cooled Bitcoin miner
Bitmain has officially released a new liquid-cooled miner model. The Antminer S19 XP Hyd delivers a hashrate of 255 TH/s.
Blockmetrix, a Texas-based bitcoin mining startup, raises $43 million in Series B
Blockmetrix, a Texas-based American bitcoin mining startup, raised $43 million in a Series B funding round.
Ethereum-mining GPUs Based on Mobile Processors Appear in China
Custom GPUs that bypass Nvidia's mining limiter using a mobile processor appeared on the China-based marketplace Goofish.
HIVE Blockchain to buy Bitcoin miners from Intel
HIVE Blockchain Technologies has concluded an agreement with Intel to purchase Bitcoin-mining equipment based on an ASIC chip developed by the company.
Bitcoin mining difficulty falls for the first time this year
As a result of another difficulty adjustment, Bitcoin mining difficulty fell for the first time since November 2021. The metric stood at 27.55T.
Canaan reports fourth-quarter and full-year 2021 results
The cryptocurrency mining equipment manufacturer Canaan reported revenue of $342.8 million for the fourth quarter of 2021. The figure is 67% higher than in the prior reporting period.
Bitcoin miners’ revenue in February fell by 13%
In February 2022, Bitcoin miners earned 13% less than in the previous month. Total revenue was $1.06 billion.
Media claim Intel’s Bitcoin miners have the edge over rivals
In February, Intel, which unveiled its first Bitcoin-mining chip, offered customers devices with about 15% higher efficiency than market leaders. Tom’s Hardware reports.
Study finds Bitcoin’s carbon footprint rose 17% after China’s mining ban
After the exodus of miners from China, Bitcoin network carbon emissions rose by 17%, rather than decreasing as some experts claimed. The data come from a study published in Joule.We use cookies to improve the quality of our service.
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