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Mining

The work that goes into creating bitcoins and other digital currencies is as fundamental as it is labor-intensive. Coverage will enhance your understanding of this vital part of the process from every angle.

Mining

Bitcoin Mining May Come Back to Iran — If Officials Can Agree

The government in Iran is reportedly moving to authorize bitcoin mining but seems divided on the topic.

Jul 12, 2019
China

13 Arrested for Stealing $3 Million of Electricity to Mine BTC in China

The power authority of Zhenjiang noticed an unusual spike in electricity consumption and abnormal line loss in some factories, and reported them to the local police.

Jul 11, 2019
China

Chinese Bitcoin Miners Want to Set Up Shop in Iran

Chinese bitcoin miners have made requests through official channels to Iranian government, asking if they can leverage the country’s cheap power.

Jul 10, 2019
Mining

The Cost of Sound Money: New Tool Tracks Bitcoin’s Energy Consumption

The University of Cambridge’s Judge Business School has released a model for estimating Bitcoin’s real-time and annual energy use.

Jul 4, 2019
Mining

Facing Energy Shortage, Iranian Bitcoin Miners Relocate to Mosques

Cryptocurrency miners in Iran have seemingly moved their operations to religious centers, which receive free energy in the country.

Jul 2, 2019
Mining

Iranian Bitcoin Mining Crackdown, Over 1,000 Devices Seized

The Iranian government has reportedly seized over 1,000 bitcoin miners as it works to curb the industry’s use of subsidized energy.

Jul 1, 2019
Mining

Op Ed: Why We Shouldn’t Worry About Crypto Mining Energy Consumption

The crypto mining industry’s energy consumption today go toward providing proof of work, immutability and consensus in a decentralized network.

Jun 20, 2019
Mining

Bitmain Sues Former Employees for Rival Mining Pool

Mining pool operators Bitmain and Poolin are locked in a legal battle over noncompete agreements.

Jun 17, 2019
Mining

Iranian Cryptocurrency Miners May Lose Subsidized Electricity

Iran’s deputy energy minister is pushing for cryptocurrency miners to pay power bills at rates equivalent to those charged for electricity exports.

Jun 11, 2019
Mining

Study: 74 Percent of Bitcoin Mining Powered With Renewable Energy

According to CoinShares’ latest biannual mining report, the vast majority of bitcoin mining power comes from renewable energy sources.

Jun 11, 2019
Adoption & Community

Bitcoin Mining in Africa: What Can Be Done to Encourage Mining?

Strict regulations, costly electricity prices and the high cost of setting up a mining rig are some of the major reasons why the African mining community is spread so thin.

Jun 7, 2019
Mining

Slush Pool Operator Braiins Set to Rollout Upgrades

Braiins, the company behind Slush Pool, is pushing out some upgrades for its popular products — Slush Pool and Braiins OS.

Jun 3, 2019
Mining

Exploring Illegal Mining Camps in Western China

Although China has shut down bitcoin trading platforms, its attitude toward bitcoin mining is still ambiguous. Now, 70 percent of the world’s bitcoins are produced in China, especially along the Dadu River, where there is plenty of hydropower.

May 30, 2019
Mining

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

Chinese companies have jumped on the bandwagon of bitcoin mining, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations.

May 29, 2019
Mining

Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter

“Last year was not profitable for many miners,” said Hut 8 CEO Andrew Kiguel. “[But] we believe that bitcoin is the future of digital money and that our work is crucial.”

May 9, 2019
Mining

Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work

In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.

May 8, 2019
Mining

Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report

Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, but SegWit is keeping fees down.

May 7, 2019
Mining

Canadian Provinces Compete for Attention of Bitcoin Mining Businesses

“With green hydroelectricity at a competitive price, innovative universities and this recent decision by the Energy Board that clearly supports the [mining] industry, Québec has all the ingredients to become a blockchain hub,”

May 1, 2019
Mining

Is Bitcoin Mining Finally Profitable for Miners in 2019?

Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.

Apr 23, 2019
Mining

Belarus Could Get a Nuclear-Powered Bitcoin Mining Center

The president of Belarus reportedly plans to establish a mining farm adjacent to the country’s nuclear power plant.

Apr 19, 2019
Mining

Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

A number of provincial governments are offering lower rates to attract bitcoin miners and Labrador’s government is considering energy incentives to attract “outstanding requests for service” from bitcoin data processors.

Apr 16, 2019