Genesis Digital Assets buys 20K Bitcoin miners after $125M raise
Canaan has also granted Genesis Digital Assets an opportunity to buy up to 180,000 additional BTC mining machines.
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The Bitcoin Network Continues to Strengthen as Hash Rate Doubles Since June
China’s crackdown on bitcoin mining operations undoubtedly caused several disruptions on the BTC network as miners were forced to shut down machines and move out of the region to continue…
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to…
Amid Taliban takeover, aspiring crypto miner flees Afghanistan
The Afghan refugee believed the Taliban would restrict access to smartphones and the internet, making crypto mining impossible.
KuCoin encourages greener crypto mining with proof-of-work pool
According to CEO Johnny Lyu, people using renewable energy sources for mining will receive discounts on fees.
Blockstream Raises $210M: The $3.2B Company Will Expand into Manufacturing Mining Chips
The valuation of the company has risen above $3 billion after completing the Series B round in which some of the participants included iFinex and Baillie Gifford. Blockstream aims to…
Iran to lift Bitcoin mining ban in September
Authorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months.
Chinese province to cut off Bitcoin miners from hydropower stations
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction.
Crypto mining needs to be redefined before simply casting it away
To ensure a sustainable future for blockchain and crypto, we need to reimagine the mining process and restructure PoW systems.