Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining – Mining Bitcoin News

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning …

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Iran Seizes 3,000 Crypto Mining Devices in a Week – Mining Bitcoin News

Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid …

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Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021 – Mining Bitcoin News

Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen …

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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment – Mining Bitcoin News

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income …

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EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin – Mining Bitcoin News

While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of firms working toward green solutions …

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Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process – Mining Bitcoin News

Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order …

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Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets – Mining Bitcoin News

The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis …

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Hut 8 Joins Foundry’s US Mining Pool, Adds Over 14,000 Bitcoin Mining Rigs of Hashpower – Mining Bitcoin News

On Tuesday, the firm Hut 8 Mining Corp., announced that it is joining the Foundry U.S.-based mining pool. The publicly-listed mining company said that it …

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BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016 – Mining Bitcoin News

During the last week, the Bitcoin network’s hashrate has jumped to a record high of 185 exahash per second on March 14, 2021. The hashpower …

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Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud – Mining Bitcoin News

A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face …

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