Pow.re, a bitcoin miner, starts building a mining facility in Paraguay and buys 3,600 Microbt ASICs
Pow.re Holdings Limited, a crypto mining company, claims that the company announced it had started building two new mining facilities in Asunción, Paraguay. The new data centers will control 12 MW of hydroelectric power, and the company has
October 14, 2022
Block Times Indicate That Progress Toward Bitcoin's Halving Is 60% Complete, and That a Halving Could Take Place Next Year
Progress toward the subsequent halving of the Bitcoin block reward has surpassed 60%, according to countdown statistics based on the typical block generation time of about ten minutes. Although the majority of halving countdown clocks use t
October 10, 2022
Iran modifies rules to make it easier for cryptocurrency miners to access renewable energy
In order to facilitate the crypto mining industry's access to green power, Iranian authorities have revised a few regulations. Licensed miners will now have access to discounted electricity produced nationwide from renewable sources. The Ir
July 29, 2022
Bank of Russia is prepared to legalize cryptocurrency mining if miners export coin production
The legalization of cryptocurrency mining would be supported by the Central Bank of Russia, provided that the earnings from the activity are converted to fiat currency outside of Russia. The regulator's most recent stance on the subject fol
July 04, 2022
Like It or Not: Public Companies Are Feeling the Crypto Mining Boom
While cryptocurrencies may be back in the headlines, most public companies are today keeping any interest in the technology on the periphery of their business. For tech giants Nvidia and Advanced Micro Devices (AMD), however, that is no lon
September 27, 2017
Bitmain Debuts High-Speed Ethereum GPU Miners After Dash Rollout
Mining hardware manufacturer Bitmain has today released two ASIC-style products specifically for mining Ethereum and its forks. Currently visible only on the Chinese version of its site , the G1 and G2 provide Ethereum GPU mining at up to 2
September 13, 2017
Russian Government Plans to Subsidize Bitcoin Mining Electrical Cost
Russian newspaper Izvestiya has reported that the Russian government intends to subsidize the cost of electricity for cryptocurrency miners. The report indicates that the Russian government, through the Institute for Internet Development (I
September 09, 2017
Monopoly-Resistant Mining? Paper Claims Bitcoin Centralization Fears Overblown
Bitcoin might be naturally resistant to mining monopolies – or so claims a new research paper authored by University of Siena professor of economics, Nicola Dimitri. At a high level, the paper contends "the intrinsic structure of the mining
September 02, 2017
Venezuelan Bitcoin Miners Turning to Ethereum After Government Crackdown
An increasing number of Venezuelans are shifting to mining digital currencieslike Bitcoin so that they can afford to buy their basic needs and survive due to the current hyperinflation being experienced in Venezuela as of late August 2017.
August 29, 2017
Bitcoin Cash Returns to Profitability Amid Mining Adjustments
The relationship between bitcoin and bitcoin cash continued to evolve today, with the two blockchain networks competing for miner interest and computing power. At press time, the bitcoin cash blockchain has seen five downward difficulty adj
August 25, 2017
Bitcoin Cash Eases Mining Difficulty as Blockchain Adjusts
Bitcoin Cash adjusted its mining difficulty over the weekend, a move that comes just under a week after the alternative version of the bitcoin blockchain was created. As a result of both blocks ( 478,647 and 478,648 ) having a Median Time P
August 08, 2017
Bitcoin Cash Block Production Accelerates as Mining Difficulty Adjusts
After a slow start, blocks on the newly launched bitcoin cash blockchain are now being mined more frequently. When the cryptocurrency originally split from the main bitcoin blockchain earlier this week, blocks were crawling in, with the fir
August 06, 2017