Tag: Mining
Greenidge Generation Settles Debt and Sells SC Bitcoin Mining Site to NYDIG
Greenidge Generation Holdings has successfully wiped out $21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the [more…]
Top Bitcoin Mining Stocks for 2024
Table of Contents: A foundational part of the bitcoin architecture is participation through mining. This process of sharing processing power to verify transactions provides this decentralized network [more…]
Canaan Launches New Bitcoin Miners in Middle East: Eyes Regional Blockchain Opportunities
Leading crypto miner manufacturer Canaan has announced in a PR shared with Blockonomi, the launch of its latest A14 series Bitcoin miners at an event in Dubai [more…]
Crypto Mining on a Budget: Best Used Mining Rigs
Crypto mining rigs aren’t ordinary machines. They use a combination of specialty hardware and Graphical Processing Units (GPUs) to support the complex calculations required to verify transactions [more…]
Best Cryptocurrencies to Mine with a PC in 2024
The days of mining bitcoin with a PC are over. As the difficulty of bitcoin mining has increased, using your computer has been made redundant in the [more…]
Revolutionizing Cloud Mining With Leading Super Computing Power: Tokencoin’s User-Centric Approach And Diverse Product Plans
In the fast-moving world of digital money, there’s a platform shaking things up – Tokencoin, which is like a rising star in the world of cloud mining. [more…]
Coinbase Addresses Zcash Mining Centralization Concerns
Coinbase’s Blockchain Security Team recently identified a significant shift in the Zcash network’s hash power distribution. A single mining pool, ViaBTC, was found to control over 51% [more…]
Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends
Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, [more…]
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are [more…]
Tiny Bitcoin Miner Plays The Lottery
Usually when we think of Bitcoin miners, we imagine huge facilities of server racks doing nothing but essentially wasting energy, all for the chance that one of [more…]
Bitcoin Network Hits 75% Progress Towards Next Reward Halving
At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving [more…]
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark [more…]
Bitcoin Hash Rate Spikes to All-Time Highs
Bitcoin has been making headlines lately, as its price continues to rise, and the hash rate of the network has reached all-time highs. According to data aggregator [more…]
Investment Fund Focused on Crypto Mining to Be Created in Russia
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be [more…]
Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house [more…]
CleanSpark Buys 20000 New Bitcoin Miners to Boost
CleanSpark, a Bitcoin miner, is expanding its mining capacity in the United States by purchasing 20,000 additional Antminer S19j Pro+ machines for a total cost of $43.6 [more…]
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% [more…]
What Happens When the Bitcoin Blockchain Produces an Empty Block
Bitcoin (BTC) is a digital currency that is renowned for its durability, security, and dependability. A new block is added to the network on average every ten [more…]
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in [more…]
Core Scientific seeks to sell $6.6 million in Bitmain coupons
According to the records submitted with the court, on January 25 the defunct Bitcoin (BTC) mining business Core Scientific filed an emergency application in which they asked [more…]
Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier
The Bitcoin (BTC) miner Hut 8 Mining Corporation, which is located in Canada, has taken the struggle it has been having with the power supply for one [more…]