The Bitcoin Mining Council, an organization created to promote the use of renewable energy in the Bitcoin mining industry, has released its first compendium on the state of the art …
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Argo Blockchain takes $20M loan to build a new Bitcoin mining facility in Texas
Argo Blockchain is a U.K.-based bitcoin mining firm. Recently, it got $20M loan, with six-months load period, in order to build out its facility in Texas, U.S. The loan is …
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Iranian government has approved licenses for 30 crypto mining farms
The Iranian government appears to be softening its stance on cryptocurrency mining after reportedly approving licenses for several mining farms. The country’s Ministry of Industries and Trade has allowed operations …
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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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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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Alibaba cloud says it might stop servicing crypto mining companies in China
Chinese 8BTC news portal and Chinese crypto journalist Colin Wu have reported that the second biggest provider of clouding services in China, Alibaba Cloud, has warned all crypto companies, including mining firms, that it …
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City in Sichuan reportedly orders crypto miners to shut down for investigation
Chinese authorities continue to crack down on cryptocurrency mining as a city in Sichuan province has reportedly halted local Bitcoin (BTC) mining farms. Authorities in Ya’an City, a prefecture-level city …
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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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Chinese province of Yunnan to ban crypto mining
The southwestern Chinese province of Yunnan is preparing to ban cryptocurrency mining, BTC.top, one of the country’s major mining pools, told Forkast.News today, citing a screenshot of a notice. Fast Facts: Yunnan’s …
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