Category: Bitcoin Mining
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Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining
Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy?
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Amid blackouts and police raids, Iran weighs benefits of Bitcoin mining
A country where Bitcoin once looked primed to flourish is now attempting to scapegoat the cryptocurrency.
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Montana County to Hold Public Hearings on Zoning Rules for Crypto Miners Amid Growing Complaints
Another U.S. county is facing troubles related to crypto mining activities within its territory. This time, the second-largest county in Montana is the protagonist of the story, who will look forward to revisiting local zoning for mining operators. Authorities to Decide on Making Current Rules Permanent According to KPAX, Missoula County authorities seek to hold…
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Bitcoin miners facing chip shortage amid skyrocketing demand
Bitcoin miners are scrambling to acquire more mining rigs as the global semiconductor shortage worsens.
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Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public.
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Bitcoin’s biggest mining pool may be behind the BTC price drop, but buyers stepped in
This week’s volatility may come down to a tug-of-war between F2Pool selling and Grayscale buying.
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Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will increase to an estimated 1,229 PH/s, well beyond the company’s…