Russian officials consider proposal to mine Bitcoin with associated gas
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high.
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Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the…
New York Is The Most Attractive State for Bitcoin Miners, But There’s a Catch
Recent research showed that nearly 20% of bitcoin’s hash rate within the United States is in New York, while Kentucky (18.7%), Georgia (17.3%), and Texas (14%) follow closely. New York…
Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’
Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey,…
Bitcoin Mining to Provide Heat in Vancouver, Canada
North Vancouver, part of the Canadian district of British Columbia, is on a path to become the first city that employs bitcoin mining for heating residential and commercial buildings. The…
Jack Dorsey’s Square plans to build an open-source Bitcoin mining system
Jack Dorsey wants to build a single system that can improve accessibility to Bitcoin mining and further decentralize the BTC network.
Square Might Build a Bitcoin Mining System, According to Jack Dorsey
Jack Dorsey, the CEO of Twitter and Square, has more plans in the works for building out the Bitcoin network. Dorsey just announced that Square – the financial services company…
Canadian city plans to supply residents’ heat using Bitcoin mining
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000.
Russia considers new energy tariffs as Chinese crypto miners relocate
Russia’s Irkutsk region saw its energy consumption rates surge by 160% following China’s crackdown on crypto mining.
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs.
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