Cryptocurrency mining and local power consumption have always been a controversial subject. The activity usually consumes a lot of electricity, and it may affect the correct distribution of power if the generation levels aren’t optimal in specific...
The illegal operation cost the State of Ukraine an amount that circles between $ 186,000 and $ 259,300 in electricity per month.
Ukraine's police unit recently unveiled a vast underground crypto mining farm in...
Texans believe their electrical infrastructure cannot support the high energy demand of the mining industry in the years to come. Swedish regulators allege that Bitcoin miners endanger the power grid, which a fund manager denies.
The third Bitcoin halving will reduce the reward per
mined block from 12.5 BTC to 6.25 BTC. Miners’ profits depend mostly on this
reward.
The third Bitcoin halving is soon to occur and will have...
The new leader reached a processing a capacity
of 13,378 PH/s at a given time. With the introduction of new mining pools this
year, processing has become less centralized.
On September 16th, Bitmain's mining pool
BTC.com...
Warren believes that miners use extraordinarily high amounts of energy to perform their operations. Bitcoin mining firm Greenidge will respond to the senator with the information requested.
Elizabeth Warren, the US Senator for...
The coronavirus
pandemic altered the delivery schedule for Asian manufacturers such as Bitmain,
MicroBT, and Innosilicon.
China, the country that registered
the first Covid-19 outbreak, is home to the main companies that manufacture crypto
mining equipment. Due...
The next Bitcoin halving is scheduled to
occur on May 12th. The reward will drop from 12.5 BTC to 6.25 BTC
per mined block.
The Bitcoin halving is one of the events that the
members of...
The company ARK
Invest published a document assessing the profitability of Bitcoin mining. The
study estimates that mining 1 BTC could cost up to USD 5,000.
In early March, the ARK Invest Team
released a report...
Shortly, China-based
Bitcoin miners could migrate to other places. In recent years, the oil industry
has discarded billions of cubic meters of natural gas.
The upcoming event that reduces the
reward of Bitcoin miners by half...
