Category: Mining

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining

Intel’s new chips are powered by a high-performance miner to deliver up to 40 TH/s in a balanced environment. Computer chip manufacturing giant Intel Corporation has shared details of a new mining chip that will be coupled with a high-performance 3,600-watt miner with the ultimate goal of improving Bitcoin (BTC) mining efficiency.  Intel revealed its…
Read more

Georgia punches well above its weight for Bitcoin mining: Report

The tiny population of Georgia is a dark horse for Bitcoin mining, contributing close to 1% of the industry’s total hash rate, according to a report by Arcane research. At first glance, the pint-sized Republic of Georgia is an unlikely suspect for Bitcoin (BTC) mining activity. An underdog for mining, the country boasts abundant hydropower…
Read more

Kazakhstan likely to lose Bitcoin hash rate leadership in next index update

Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan. Kazakhstan, one of the world’s top Bitcoin (BTC) mining locations, is likely to lose its BTC hash rate share leadership in the next hash rate distribution update, according to industry experts. According to Cambridge Bitcoin Electricity Consumption…
Read more

Mining worldwide: Where should crypto miners go in a changing landscape?

Which nations are the new harbors of miners, and where can Ether and Bitcoin be successfully — and profitably — mined in 2022? One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September.  While mining as a…
Read more

Is Solo Bitcoin Mining Making a Comeback?

While you probably missed out on the chance to mine Bitcoin (BTC) on your laptop in the early years of Bitcoin, there’s good news for those who still want to get into at-home mining. Stories have emerged of solo Bitcoin miners finding new blocks to receive block rewards.  Read on to learn more about solo…
Read more

Georgia lawmakers consider giving crypto miners tax exemptions in new bill

The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv. Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax. On Monday, Georgia Representatives Don Parsons, Todd Jones,…
Read more

Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____… Read More: Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Russian Crypto Consensus Collapses into Utter Chaos as Finance Ministry, Central Bank Present Rival Bills

  The rest of the world may be talking about the imminent threat of war between Russia and Ukraine, backed by Western allies, but in Moscow, the talk of the political town is…crypto…. Read More: Russian Crypto Consensus Collapses into Utter Chaos as Finance Ministry, Central Bank Present Rival Bills  Read more »Pay, Trade, Buy…
Read more

FBI Crypto Unit, Sequoia Doubles Down on Tokens, Universal Music NFTs + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: FBI Crypto Unit, Sequoia Doubles Down on Tokens, Universal Music NFTs + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid…
Read more