The largest manufacturer of Bitcoin mining equipment, Bitmain, suspends the sale of its products due to pressure from Beijing.
In recent days, the Bitmain company suspended the sale of the ASIC devices that...
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 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 United States has a computing power above 30%, while the number of mining farms in other countries increases. The Chinese government strictly prohibited such activity, but some officials have used state resources to mine digital...
The United States Congress wants to study how other countries take advantage of Bitcoin mining. That bill could bring better regulations, as well as greater surveillance of that activity.
US Senators Maggie Hassan...
HIVE acquired about 6,400 miners from Canaan to increase its hash rate to 1,000 PH / s. Hut8 and took out a loan of USD 12 million to order at least other 5,000 miners.
Thai entrepreneurs have benefited from the repression against Chinese miners by buying mining equipment cheaply. Pongsakorn says Bitcoin is digital gold since miners receive dividends according to its price, as with the precious metal.
Local news agency Kommersant reported that cryptocurrency miners in Russia are hoarding ASIC devices.
Cryptocurrency miners in Russia appear to be unconcerned by the ongoing crypto mining crisis, as local demand for mining...
Mining farms in the USA have recently acquired a batch
of the latest generation Bitmain miners. The disappearance of a pattern in the
Bitcoin nonce points to the disconnection of Antminer S9 machines.
The third...
Although China maintains dominance in Bitcoin mining, other countries are growing in this industry. Government pressure on Chinese miners is one of the factors discouraging the activity.
While the concentration of Bitcoin mining...
