Paraguay Eyed as New Bitcoin Mining Destination
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a…
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Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas
Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin…
Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan
On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation…
Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners
State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the…
Big Miners and Holders Keep Accumulating Bitcoin: Kraken’s ‘Shocktober’ Report
Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to…
Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization…
Volt Equity’s ‘Bitcoin revolution’ ETF goes live on NYSE today
Volt Equity’s ETF consults with PlanB’s Bitcoin Stock-to-Flow model to adjust exposure.
The Sioux Energy Center has mined 20 Bitcoin in secret since April
The environmental impacts of the site were quickly called into question following the reveal.
Bitfarms Mega-Mining Facility Raises Concerns Among Legislators in Argentina
The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to…
Bitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC’s Hashpower
Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s…
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