Mining

With the debate on crypto mining’s energy use increasingly involving renewable sources, a rising number of UK farmers are reaching for a surprising reservoir of power – cow waste, aka dung – using this traditional, multipurpose resource to…
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Montana cryptocurrency miners are backing the Basin Creek Solar Project, a 300 megawatt  solar array farm in Butte, to supply energy for an expanding data center, reported local news Montana Standard. Madison River Equity LLC will apply…
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Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice. The news comes after the Chinese government announced it will “crack down on bitcoin mining…
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Iran has banned crypto mining over the summer as the electricity demand sees a major increase in this period – effective immediately. Per the Iran Front Page, Iranian president Hassan Rouhani forbidden to mine digital currencies until late…
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Chinese internet cafe owners are turning their businesses into crypto mining centers as social distancing measures continue to bite in the Middle Kingdom. According to The Time Weekly, via Sina, a huge number of the 24-hour internet cafes,…
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Bitcoin (BTC) mining difficulty is set for a new all-time high (ATH), cutting into the profit margins of BTC miners that are still estimated to increase the computing power of the network even more despite the price of BTC has been stuck…
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Carbon emissions from Chinese bitcoin mines are accelerating rapidly and will soon exceed energy consumption levels of Italy and Saudi Arabia if urgent action is not taken, a new study has warned Bitcoin mining involves solving complex…
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One of the largest Bitcoin mining syndicates in the world, Hut 8 Mining Corp., has made an order for $30 million worth of Nvidia GPUs. Although it’s unclear which specific GPUs the company has purchased, the models come from Nvidia’s new…
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British cryptocurrency mining firm Argo Blockchain is set to start paying its CEO Peter Wall his entire salary in the flagship cryptocurrency Bitcoin (BTC). The move will see Wall become the first executive of a publicly-traded firm to…
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A U.S.-based Bitcoin mining firm, named Cipher Mining Inc., will result from the merger between Bitfury subsidiary Cipher Mining Technologies Inc. and Good Works Acquisition Group, in a special purpose acquisition company (SPAC) deal. The…
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