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Tag: Miners

Marathon Mined 462 Bitcoin In January, Holds 8,595 BTC

The public miner’s production last month was down about 4% from the month prior as Marathon’s operations fluctuated.

A Publicly-Listed Bitcoin Miner Shares Expectations For Intel’s New ASIC Chip

A representative of Hut 8 mining discusses the “extremely disruptive” introduction of a new ASIC chip from Intel.

Argentina eliminates power subsidies for cryptocurrency miners.

The government of Argentina has eliminated the subsidies that were given to power used by cryptocurrency miners. This is the decision that the Energy Secretary of the country took regarding cryptocurrency mining, and according to the new 40/2022 resolution, published and made official on February 1st, miners will now pay almost four times what they […]

Read full post Argentina eliminates power subsidies for cryptocurrency miners. on Chaintimes.com.

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

ArgentinaThe Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its […]

Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, ReportPlatforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply Exceeds Demand on Russian Market for Mining Chips Mining hardware […]

Two Developments, On Opposite Ends Of The Earth, Highlight Bitcoin’s Range Of Utility

Currency debasement in Lebanon and cold weather in Texas demonstrate the breadth of the Bitcoin network's utility.

Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’

Microstrategy CEO on Mainstream Bitcoin Adoption: 'I See Evidence of a Lot More Institutional Adoption'The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things have elevated institutional awareness of bitcoin.” Microstrategy Outlines Future Outlook for Bitcoin The Nasdaq-listed software company Microstrategy discussed […]

Sphere 3D to Grow Its Bitcoin Mining Capacity to 32 Exahash Through the Purchase of 60,000 Numiner NM440 BTC Miners

Upon full deployment, Sphere 3D will be one of the largest carbon neutral bitcoin miners in the world. Sphere 3D enters into an agreement to acquire 60,000 next-generation NuMiner bitcoin miners operating at 440 TH/s for a total capacity of 26.4 EH/s. Sphere 3D previously contracted to purchase 60,000 ANTMINER S19j Pro miners totaling 6.0 […]

The post Sphere 3D to Grow Its Bitcoin Mining Capacity to 32 Exahash Through the Purchase of 60,000 Numiner NM440 BTC Miners appeared first on Fintech News.

Replacing The U.S. Dollar With Bitcoin: Building The Layers Of Bitcoin Architecture

Deconstructing the layers of Bitcoin’s architecture shows that it already has the structure to replace our fiat system.

The Overton Window And Bitcoin

As Bitcoin enters the mainstream conversation, it is becoming increasingly common for politicians to embrace or disparage the technology.

Is Bitcoin Mining REALLY Bad for the Environment?

There is an interesting human trait that causes people to grasp and believe any argument, no matter how asinine, when it criticises something they do not like. It is an odd bit of human nature that we see in everything that is tribal that causes a division in people, whether religion or politics or video […]

The post Is Bitcoin Mining REALLY Bad for the Environment? appeared first on Coin Bureau.

Kazakhstan Extends Power Cuts for Cryptocurrency Miners

Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities in Kazakhstan Still Shut Down Data centers […]

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