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Is China’s Bitcoin mining ban the worst decision this century?
Though the process has been ongoing for a relatively long time – and even the most outspoken opponents of the ...
Tag: Mining
Russian Crypto Mining Sector Could Grow ‘by 20-40%’ in 2024 – Report
The Russian crypto mining industry could grow “by between 20% and 40%” in 2024, a new report has claimed. Per ...
Bitmain-backed cloud mining company BitFuFu’s revenue up 150% in Q1
Bitcoin mining company BitFuFu has rolled out its financial report per Q1, showcasing a 150% increase in total revenue compared ...
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have ...
Venezuela to shut down cryptocurrency mining farms
Venezuela’s Ministry of Electric Power announced it would disconnect all cryptocurrency mining farms from the national power grid (SEN, Sistema ...
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in ...
Will Change Litecoin and Dogecoin Mining?
Antminer L9 is coming, with a more powerful and energy-efficient way for Scrypt mining. This hashing algorithm is key for ...
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led ...
Russia Leads in Crypto Mining Capacity Growth, Surpassing US Rates
The Russian mining market is experiencing unprecedented growth. Experts predict that crypto mining volumes will increase by 20-40% by the ...
Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash ...
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