Category: Mining
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Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant
Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator Expects to Launch the Data Center in 2022 According to official documents, the…
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Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. Moreover, the recent shortage has invoked the demand…
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Inside Iran’s Onslaught on Bitcoin Mining
Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation’s revenue stream.
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Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards
A U.S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers.” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. Miner Is Trying to Create a ‘Crypto Utopia’ According to PC Gamer, Byrne fit six Nvidia RTX 3080s graphic cards into the…
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Blockstream Buys $25 Million Of Bitcoin Mining Hardware From MicroBT
Bitcoin infrastructure company Blockstream has announced a $25 million purchase of the latest Whatsminer bitcoin mining rigs from MicroBT to be run across Blockstream Mining’s facilities in North America. Blockstream Mining was launched in 2019 with an intention of bringing more of the global hash rate to the West. The largest mining rig manufacturers and…
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Iran Finds Scapegoat In ‘Easy Victim’ Bitcoin as Officials Shut Down 1,600 Mining Farms
As Iran experiences rolling electricity blackouts, the country’s authorities have responded to the crisis by targeting bitcoin mining farms. The sanctions-hit country’s campaign against miners has seen a total of 1,600 mining centers being shut down. This Iranian blitz on cryptocurrency miners, however, appears to contradict the country’s previous policies towards cryptocurrency mining. The Real…
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Time for a crypto GPU? Gamers and miners spar over scarce top hardware
New GPU cards for mining are on the way, but the demand is too great. So, what are manufacturers doing to solve the shortage?
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Bitmain Co-Founder Exits, Resolving Years-Long Power Struggle as Mining Firm Preps IPO
Bitmain co-founder Jihan Wu is stepping down from his role as part of a settlement.
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Digital Currency Group’s crypto mining arm enters top 10 global mining pools
Foundry entered the cryptocurrency mining game in August 2020.
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US Man Installs Crypto Mining Rig in Hybrid BMW Sportscar
While it can be powered by the hybrid car’s battery, the boot needs to stay open to avoid overheating.