City of Fort Worth votes in favor of Bitcoin mining program
"We are going to become the first city in the world to mine Bitcoin here on site at city hall," said Fort Worth Mayor Mattie Parker.
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Sustainable energy usage for BTC mining grows nearly 60% in a year
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain.
US Crypto Mining Company Plans to Sell $30M Worth Equipment in Russia to Dodge Sanctions
With the West leading the fight with sanctions, a US-based company – Compass Mining – is planning to sell around $30 million in Bitcoin mining equipment located in Siberia. The…
Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S.…
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with…
Bitcoin Miner Crusoe Closes $500M Series C Equity Offering
Denver-based Bitcoin miner Crusoe Energy Systems has announced closing a $350 million Series C equity offering. Expansion to the US and internationally, as well as onboarding more employees in the…
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the…
Georgia crypto mining’s potential: What’s driving growth in the industry?
A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia.
EU officials considered Bitcoin trading ban to enforce proposed mining ban
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request.
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
"The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury.
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