Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0
Proof-of-work models are evolving to support the growth of Web 3.0. Here’s 3 projects that offer miners substantial rewards for supporting the network.
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Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The…
Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves
According to the firm, it mines close to 20 BTC per day.
Bitfarms expands to US, plans green crypto mining operation in Washington
The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC.
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The…
Russian Duma creates working group to tackle crypto mining regulations
Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes.
Bitcoin miners look toward nuclear power for sustainable energy
Several major players say that nuclear energy might be the best choice for Bitcoin miners.
Influx of crypto miners to Kazakhstan reportedly strains energy supply
According to the country's vice minister of energy, addressing the potential strain on Kazakhstan’s power grid from crypto miners “cannot be delayed any longer."
Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility
The company said it intends to use the proceeds for construction costs and rigs at its Texas crypto mining facility, expected to be operational in 2022.
A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry
While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the…
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