Blockware raised $25M in a second oversubscribed round to expand bitcoin mining operations in Kentucky. The mining company plans to use the funds to expand their bitcoin mining operations in …
MoreTag: Bitcoin Mining
30 Bitcoin miners will receive license in Iran amidst BTC hashrate drop
Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. Bitcoin mining, for the uninitiated, uses up a massive computing …
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What El Salvador’s volcano-powered Bitcoin mining facility will be look like
As reported by U.Today, Bukele instructed a state-owned electricity company to start working on the project within the same day the idea was casually suggested to him during a live audio …
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ASIC manufacturer Canaan Inc. to launch Bitcoin mining farm in Khazakstan
NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding into self-hosted mining operations. The Chinese hardware producer, which currently has a …
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Chinese crypto miners head west as Beijing’s crackdown gains pace
As Beijing’s attitude to crypto mining hardens, and as Chinese provincial and other administrators crack down on the industry, Chinese miners are decamping to countries in which they are less unwelcome. Some …
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The world’s 5th-largest mining pool leaves China for Kazakhstan
BTC.com — a major crypto mining pool that is operated by BIT Mining and owned by the NYSE-listed Chinese lottery service provider 500.com — has announced the successful relocation of its first batch of …
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Canadian Hive Blockchain Technologies approved for Nasdaq listing
While the SEC continues to slow-roll the listing of a Bitcoin ETF, traders on legacy exchanges eager to get some exposure to crypto will soon have another outlet. In an …
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Bitcoin’s green energy usage exceeds 50 %. Tesla to resume payments?
Jiang Zhuoer, CEO of mining pool BTC.TOP, has tweeted that Bitcoin miners’ clean energy usage already exceeds 50 percent. Zhuoer claims that mining facilities located in Xinjiang, Qinghai, and Inner Mongolia have …
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Bitcoin mining firm Genesis orders 10,000 more machines from Canaan
Bitcoin mining firm Genesis Digital Assets has ordered 10,000 more machines from Canaan, the China-based mining hardware maker. The new order comes less than two months after Genesis placed nearly $94 …
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Tesla competitor to launch first electric vehicle mining Bitcoin and Dogecoin
Canadian light electric vehicle manufacturer Daymak has announced that Spiritus, its yet-to-be-launched futuristic car, will make it possible to mine Bitcoin and Dogecoin while it’s parked. The 20-year-old company also says that …
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