Chinese official sentenced to life in prison for Bitcoin mining, corruption
Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.
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Oman launches $370M crypto mining center: Report
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports.
Renewable energy Bitcoin mining company powers up in Sweden
Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden.
The Most Expensive and Cheapest Countries to Mine Bitcoin (BTC)?
According to a CoinGecko research, Italy is the most expensive nation for crypto miners since it takes almost $210,000 in electricity to produce one BTC. Other European countries like Austria,…
Oman Introduces a Crypto Mining Center Valued at $350 Million (Report)
Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT) has reportedly opened a new data hosting and cryptocurrency mining center in the Salalah Free Zone. The facility’s estimated value is…
Gryphon Digital seeks court dismissal of Sphere 3D’s lawsuit
Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere's security…
Bitcoin Mining Stocks Are Up 200% YTD, but One Has Soared Almost 400%
Bitcoin is down for the week, but it’s still up about 50% YTD. Meanwhile, Bitcoin mining stocks have jumped by over 200% year-to-date. One miner stock, Cipher Mining (CIFR), is…
Bitcoin Miners Enter Accumulation Phase as 2024 Halving Approaches: Bitfinex Report
On-chain data analyzed by cryptocurrency exchange Bitfinex shows that bitcoin (BTC) miners have entered an accumulation phase in preparation for the upcoming halving event scheduled for April 2024. According to…
TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2.
Here is How Much BTC Riot Platforms Mined in Q2
The leading cryptocurrency mining company – Riot Platforms – produced 1,775 BTC during the second quarter of 2023, a 27% increase compared to that three-month period in 2022. Despite not…
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