The congresspeople believe banning proof of work will stifle innovation and erode economic gains. They acknowledged that a significant part of BTC mining uses renewable energy sources.
Fourteen US senators and representatives, led...
Gazpromneft is the third-largest oil entity based in Russia, which joined forces with BitRiver to encourage Bitcoin mining locally with the energy extracted from its activities.
Russia-based state-owned gas entity Gazpromneft revealed an...
Although the Major previously highlighted that he does not support crypto mining, Adams will suggest to Governor Hochul that she veto the controversial New York bill.
New York City Mayor Eric Adams opened...
Bitcoin miners receive just USD 0.10 for every terahash they invest on the network. On June 11th, the hashprice break began, accumulating falls of 23% in a few hours.
The drop in the...
Developers want to harm users as little as possible before the merger occurs. This activity had already suffered too much delay.
The difficulty bomb, which will sharpen the final details for Ethereum mining...
New York has approved a bill to ban Bitcoin mining operations that allegedly harm the environment with carbon emissions. A law circulating in the US Senate aims to treat crypto assets as commodities.
The market has wielded a considerable influence on the earnings of miners. The highest point of daily revenue created in the last year managed to surpass USD 70 million.
Daily Bitcoin mining earnings...
New York Senate passes the Bitcoin mining ban bill over the current environmental concerns.
The New York State Senate passed a law aiming at Proof-of-Work (PoW) mining to address some environmental concerns involving...
Bitcoin miners have had a tough month as revenue and profitability have dropped in May. However, hash rates are still high.
Bitcoin (BTC) mining revenues and profitability have continued to fall along with...
A bearish market, electricity costs, and other struggles with the supply could minimize the hash rate. They expect that the Bitcoin hash rate will reach new highs of 280 EH/s by January 2023.
