Bitcoin mining difficulty was further boosted on 20th November by 0.51% when blocks were at the height of 764,064. Although the increase was little yet it allowed the network to see its…
Category: Cryptocurrency Mining
In 12 Months, Energy Usage Of Bitcoin Surges 41%, Regulatory Risks To Rise
The energy consumption for Bitcoin (BTC) has continued rising and the growth rate has been significantly higher in the running year. YoY Increase in Energy Consumption According to data, the year-over-year (YoY)…
Grayscale Launches Grayscale Digital Infrastructure Opportunities To Invest In Bitcoin Hardware
Grayscale Investments has made an announcement in regards to launching a new subsidiary that is to focus on the crypto mining segment. The responsibility of the particular subsidiary would be to invest…
Mining Sector Continues To Grow As Cleanspark Has Acquired A Mining Facility
CleanSpark has announced that it has recently signed an agreement with Mawson’s Bitcoin mining facility. The cryptocurrency mining firm has announced that the deal they have agreed upon is worth multi-millions. CleanSpark’s…
Crypto Mining Farms At Russian Oil Wells Reach 85 MW Of Capacity
According to experts, crypto mining farms that were established at oil fields in Russia are now using an energy capacity of about 85 megawatts (MW). According to a report, even though Western…
Does Bitcoin (BTC) Miner Capitulation Eventually Has an End Date?
Bitcoin miners witnessed some respite as Glassnode confirmed miners’ balance touched a 4-year high. First and foremost, BTC market recovery might have supported the same. Nevertheless, can August ensure relief considering the…
Bitcoin Mining Company MintGreen Is Providing Heat For Vancouver
Bitcoin has seen a meteoric rise since its inception. With this rise in popularity has come a corresponding increase in price, leading to massive profits across the board for crypto holders. With…
Largest Crypto Mining Equipment Producer in China has Halted its Sales
Bitmain is the largest hardware manufacturer for crypto asset mining, and it is planning to eradicate the sale of its equipment in the mainland of China, according to the reports. This is…
China to Add Crypto Mining to Negative List of Investment
It seems that there is no way to get China on board with the idea of decentralization and accepting cryptocurrencies for what they are. Once again, the country is hell-bent on eradicating…