Nvidia’s hash-rate limits prove ineffective at curbing mining
Nvidia's efforts to limit the hash rate on gaming GPUs did not deter miners from continuing to mine cryptocurrencies on them.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.
Nvidia’s hash-rate limits prove ineffective at curbing mining
Nvidia's efforts to limit the hash rate on gaming GPUs did not deter miners from continuing to mine cryptocurrencies on them.
In northern Moscow, 50 mining servers were shut down
On January 21, in Moscow, Rosseti Moscow Region branch staff discovered a mining farm showing signs of unaccounted electricity consumption.
Kremlin denies reports that Putin backs legalisation of mining in several regions
Press secretary to the Russian president, Dmitry Peskov, denied media reports of Vladimir Putin's alleged support for proposals to allow mining in regions with an electricity surplus.
Putin backs legalisation and taxation of mining in Russia, instead of a ban
Russian President Vladimir Putin backs the government's proposal to tax and regulate cryptocurrency mining rather than ban it. Bloomberg reports, citing sources familiar with the situation.
Greenidge Generation to invest $264 million in new bitcoin mining venture
The mining company Greenidge Generation announced plans to build a data center in South Carolina to mine cryptocurrencies. The investment in the project will total $264 million.
Valkyrie files to launch ETF based on Bitcoin-miner stocks
The asset management firm Valkyrie Investments filed with the SEC for the launch of an ETF based on the shares of companies deriving at least 50% of their profits from mining the first cryptocurrency.
Fitch Ratings: Rise of crypto mining creates risks for US electric utilities
Cryptocurrency mining in the United States could pose financial risks to power utilities, Fitch Ratings' analysts say.
BitFuFu to go public via SPAC merger
Cloud-mining services provider BitFuFu plans to go public through a merger with SPAC Arisz Acquisition Corp., according to a press release.
Aksakov: Russia’s mining fate and bitcoin exchanges require debate
Russia must carefully discuss the future development of mining and the possibilities for exchanging cryptocurrencies in order to make a well-considered decision. This was stated by the head of the State Duma Committee on Financial Markets, Anatoly Aksakov.
Miners in Kazakhstan cut off from electricity until February
The Kazakh grid operator KEGOC restricted electricity supply to mining farms. Miners were cut off until February, ForkLog confirmed, citing Alan Dorzhiev, head of the National Association of Blockchain and Data-Center Industry in Kazakhstan.We use cookies to improve the quality of our service.
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