Mining
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Venezuela bans crypto mining to protect power grid
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The Venezuelan government has joined the list of countries that have frowned on crypto mining due to its hefty electricity demands.According to a local news ...

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President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base
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United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., ...

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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost
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El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data ...

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Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
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It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached ...

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Galaxy Digital’s revenue soars with mining, fees at record levels
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Galaxy Digital reported a robust first quarter in 2024, with net income climbing to $422 million, a 40% increase from the previous quarter. The surge was ...

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Paypal's Green Mining Initiative Makes Zero Sense
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Last week Paypal released a whitepaper in partnership with Energy Web and DMG Blockchain Solutions, describing a “Green Mining Initiative” intended to ...

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DEMAND Pool’s CEO Says The Time To Decentralize Bitcoin Mining Is Now
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Company Name: DEMANDFounders: Alejandro De La Torre and Filippo MerliDate Founded: 2023Location of Headquarters: Lisbon, Portugal and Florence, ItalyAmount ...

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Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC
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Bitcoin transaction fees from applications such as Ordinals, Runes and BRC-20s will be key to making sure miners stick around even as more halving events ...

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Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
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Bitcoin (BTC) threatened a $61,000 breakdown on May 9 as familiar trendlines got a fresh support test.BTC/USD 1-hour chart. Source: TradingViewBTC price ...

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Bitcoin mining revenue hits post-halving yearly low
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Earnings from Bitcoin mining dropped significantly in May as the effects of the fourth Bitcoin halving event set in. The Bitcoin halving mechanism was ...

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