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

Iranian mining devices seized
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.

Crypto 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.

Mining pool operators Bitmain and Poolin are locked in a legal battle over noncompete agreements.
Bitmain Sues Former Employees for Rival Mining Pool

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

Iranian Cryptocurrency Miners May Lose Subsidized Electricity
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.

Study: 74 Percent of Bitcoin Mining Powered With Renewable Energy
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.

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

Mining - Slush Pool Operator Braiins Set to Rollout Upgrades
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.

Mining - Exploring Illegal Mining Camps in Western China
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.

Mining - As Supply Exceeds Demand
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.

Mining - Hut 8 Mining on Sustainability
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.”

- Oil Field Alchemy: How Bitcoin Can Turn Waste
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.

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

Mining - Canadian Provinces Compete for Attention of Bitcoin Mining Businesses
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,”

Mining - Is Bitcoin Mining Finally Profitable for Miners in 2019?
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.

Mining - Belarus Could Get a Nuclear-Powered Bitcoin Mining Center
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.

Mining - Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
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.

Mining - As Supply Exceeds Demand
As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

The wet season in Sichuan can drop electricity costs, and therefore bitcoin mining costs, dramatically. But according to insiders, there is currently more supply than demand in the mining market.

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

Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. Since late 2018, the oil-rich Middle East country of Iran has become a hotspot for Chinese miners.

Mining - Bitmain Reveals Specifications for Its ‘Profitable’ Antminer 17 Series
Bitmain Reveals Specifications for Its ‘Profitable’ Antminer 17 Series

Bitmain, the world’s largest bitcoin miner manufacturer, has announced specifications for its Antminer 17 series machines.

Mining - Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?
Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?

Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series, in time for the anticipated bull run leading up to next year’s bitcoin “halving.”

Mining - Valued At $1 Billion
Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance

ASIC chip manufacturer Canaan Creative is closing the gap between itself and cryptocurrency mining industry leader Bitmain after a massive infusion of capital.

Mining - Ebang Reveals Plans to Produce 400
Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019

On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. Currently, Ebang is the third largest manufacturer of cryptomining equipment.

Mining - Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?
Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?

Bitcoin Core contributor James Hilliard appears to have discovered an exploit in Bitmain’s S15 firmware.