Tag: crypto mining

New York Senators To Stop Fossil-backed Mining

The New York State Senate is currently discussing a bill to put a three-year moratorium on cryptocurrency mining for fossil-based projects. https://twitter.com/NYSenate/status/1402380665467854854?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1402380665467854854%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fproposed-new-york-mining-ban-watered-down-to-allow-green-projects New York likely to...

Argentina Could Become New Safe Haven For Bitcoin Miners

According to a Bloomberg article, cryptocurrency mining in Argentina is striving, while other nations have recently banned this practice. https://twitter.com/crypto/status/1399414806554329095 Argentinian Households can mine on subsidized...

Spree Of Regulatory Action Against Crypto In China, Iran, UK, Canada

Several countries around the world have started imposing some form of regulatory action concerning crypto assets, with varying degrees of severity. Mining in China can...

Mining Group Uses 51% Attack To Take Over Privacy Coin

An unknown mining group invaded GRIN token's network this Saturday through a 51% attack. Miners took over with over 57% of hash power,...

Bitcoin Mining: China Controls Half Of Global Capacity According To Latest...

Chinese Bitcoin (BTC) miners still dominate the industry despite in decrease in the proportion of global hash rate under their control. Meanwhile, players in...

Binance Announces Launching Of Crypto Mining Pool

Binance keeps on announcing new services despite the Coronavirus crisis. The biggest cryptocurrency exchange by trading volume is releasing its own mining pool, called...

Bitmain Confirms Antminer E3 Will Continue To Mine ETH

Cryptocurrency mining is increasingly becoming less and less profitable. With crypto prices losing at least 30% of its value due to the coronavirus pandemic,...

Iran Issues Crypto Mining Licenses To Escape U.S. Sanctions

According to a report published by Iran’s Banking and Economic System Reference Media (IBENA), Iran's Ministry of Finance has issued more than 1,000 cryptocurrency...

Chinese BTC Miners Ordered To Cut Down On Electricity Consumption

The Chinese government is beginning to worry about the excessive electricity consumption that cryptocurrency mining generates. According to a local news outlet, Bitcoin (BTC)...

China Confiscates Almost 7,000 ASICs From Illegal Crypto Miners

As part of its strong policy against illegal mining operations, the Chinese authorities have sized almost 7,000 crypto mining machines that were illegally consuming...
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