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.

Bitcoin miners are producing a higher hashrate than ever as new hardware comes online, and SegWit is keeping pace — counting for 50 percent of total network activity.
Bitcoin Hashrate, SegWit Transactions Continue to Reach All-Time Highs

Bitcoin miners are producing a higher hashrate than ever as new hardware comes online, and SegWit is keeping pace — counting for 50 percent of total network activity.

Chinese regulators in Inner Mongolia have issued a notice calling for a stop to bitcoin mining operations in the region.
Chinese Regulators Demand Cleanup of Bitcoin Mining in Inner Mongolia

Chinese regulators in Inner Mongolia have issued a notice calling for a stop to bitcoin mining operations in the region.

Bitcoin mining giant Bitmain has launched two new Antminer 17 miners to an eager market. Will the Bitcoin hash rate boom?
Bitmain’s Antminer 17 Sold Out in Minutes. Will the Bitcoin Hash Rate Rise?

Bitcoin mining giant Bitmain has launched two new Antminer 17 miners to an eager market. Will the Bitcoin hash rate boom?

Bitcoin mining company Bitfarms is taking advantage of Québec’s hydropower and new Chinese mining equipment to expand operations.
Bitfarms Expands Bitcoin Mining Operations in Québec

Bitcoin mining company Bitfarms is taking advantage of Québec’s hydropower and new Chinese mining equipment to expand operations.

Bitcoin News Week in Review
Bitcoin Magazine’s Week in Review – September 7th, 2019

9/7/19: Bitcoin Magazine’s Week in Review brings you the most critical, interesting and popular Bitcoin news from this week.

Let's talk bitcoin - Introducing the Bitcoin Magazine Podcast
Energy Companies Are Missing Out on Bitcoin Mining

In this episode of the Bitcoin Magazine Podcast, the guys bring on Brandon Green to talk about an op ed he wrote on the Bitcoin mining energy consumption.

Heavy-Handed Regulations Run Cryptominers Out of Iran

Cryptocurrency mining is finally an industry in Iran, but there are simply too many caveats.

Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations.
Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining

Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations.

Energy suppliers should be clamoring over the opportunity to get a steady, predictable power use customer, and Bitcoin is exactly that.
Op Ed: Bitcoin Uses a Lot of Energy, So Where Are the Energy Companies?

Energy suppliers should be clamoring over the opportunity to get a steady, predictable power use customer, and Bitcoin is exactly that.

Coinmine is the maker of the Coinmine One, a cryptocurrency miner designed for new users that includes a bitcoin payout option.
Cryptocurrency Miner Maker Coinmine Raises $2.5 Million

Coinmine is the maker of the Coinmine One, a cryptocurrency miner designed for new users that includes a bitcoin payout option.

The company’s new bitcoin mining hosting service and pool is its attempt to re-democratize the mining economy.
Blockstream Mining: A Grassroots Vision for Redistributing Hashrate

The company’s new bitcoin mining hosting service and pool is its attempt to re-democratize the mining economy.

Bitcoin miners who plugged in directly to a distribution board cost a utility company over $760,000 in Malaysia.
Malaysian Authorities Bust Illegal Bitcoin Mining Operations

Bitcoin miners who plugged in directly to a distribution board cost a utility company over $760,000 in Malaysia.

With the introduction of the Stratum V2 protocol, Braiins hopes to make bitcoin mining pools more efficient and effective.
With Stratum V2, Braiins Plans Big Overhaul in Pooled Bitcoin Mining

Announcing the second-generation mining pool protocol.

Plouton Mining has raised $1 million for a proposed sustainable, solar-powered bitcoin mining complex in California’s Mojave Desert.
Mojave, California Could Be the Home of Sustainable Bitcoin Mining

Plouton Mining has raised $1 million for a proposed sustainable, solar-powered bitcoin mining complex in California.

Over 17,850,575 bitcoin have been mined and 85 percent of the top cryptocurrency’s expected total supply is already in circulation. So what?
Implications for Bitcoin Now That 85 Percent of Supply Has Been Mined

Over 17,850,575 bitcoin have been mined and 85 percent of the top cryptocurrency’s expected total supply is already in circulation. So what?

An importer of cryptocurrency mining gear is reportedly under investigation for dodging $1.2 million in Russian customs fees.
Russian Miner Importer Under Investigation for Dodging Import Fees

An importer of cryptocurrency mining gear is reportedly under investigation for dodging $1.2 million in Russian customs fees.

Canaan Creative, a major Chinese bitcoin miner manufacturer, has reportedly filed an IPO application with the U.S. SEC.
Chinese Miner Manufacturer Canaan Files IPO With $200 Million Goal

Canaan Creative, a major Chinese bitcoin miner manufacturer, has reportedly filed an IPO application with the U.S. SEC.

As bitcoin’s price outpaces the cost of mining in China, it can be difficult to get your hands on a bitcoin miner.
Bitcoin Miner Demand Is Outstripping Supply in China

As bitcoin’s price outpaces the cost of mining in China, it can be difficult to procure a bitcoin miner.

After much deliberation, the Economic Commission of the Islamic Republic of Iran has submitted restrictions on energy costs for crypto miners.
Iran Moves Forward With Tariffs Against Crypto Mining

After much deliberation, the Economic Commission of the Islamic Republic of Iran has submitted restrictions on energy costs for crypto miners.

Despite a looming crackdown from regulators, cheap energy in Iran has made it ideal for bitcoin mining.
Official Calls Iran a ‘Heaven for Miners’

Despite a looming crackdown from regulators, cheap energy in Iran has made it ideal for bitcoin mining.

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

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.
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.

Mining - Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
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.

BTC energy
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.