Mining

CoinspeakerBitcoin Mining Difficulty Soars to New ATH amid BTC Price Dip Recent data have left analysts optimistic about what the future holds for Bitcoin and the largest altcoin Ether (ETH). Bitcoin Mining Difficulty Soars to New ATH amid BTC Price Dip

Asteroid mining is the exploitation of raw materials from asteroids and other minor planets, including near-Earth objects. Asteroidenabbau (oder Asteroid Mining) bezieht sich auf den Prozess der Extraktion von wertvollen Rohstoffen und Mineralien von Asteroiden, die sich im Weltraum zwischen den Planeten unseres Sonnensystems befinden. Diese Asteroiden können eine Vielzahl von Ressourcen enthalten, darunter Metalle, Mineralien, Wasser und seltene...

A former Chinese government official, Xiao Yi, has been sentenced to life in prison for helping subsidize a secret, large-scale Bitcoin mining operation within the country’s borders, alongside unrelated acts of corruption. Yi pled guilty to the charges, and the government has already seized all of his bribes and profits. Illegally Helping A Bitcoin Miner On Tuesday, Yi was specifically convicted of abusing his power by providing financial and electricity subsidies to Jiumu...

CoinspeakerBitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy Recent survey shows that Italy is the most expensive country for mining Bitcoin at $208,560 for each BTC produced. Bitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy

Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT) has reportedly opened a new data hosting and cryptocurrency mining center in the Salalah Free Zone. The facility’s estimated value is over RO 135 million (more than $350 million). Another country that decided to spend millions of dollars on a crypto mine is Kyrgyzstan, whose center will be powered by a hydroelectric station near the Naryn river. Doubling Down As reported by a local media outlet,...

There are several bitcoin mining facilities out there working hard to reduce the number of emissions they produce. Bitcoin Mining: Could It Become Cleaner? Bitcoin mining has endured a bad rap over the years for several reasons, a big one being that allegedly, it puts Earth’s atmosphere in harm’s way. According to several reports, bitcoin mining uses more energy than most developing countries. There are also several high-ranking individuals out there that have...

Bitcoin is down for the week, but it’s still up about 50% YTD. Meanwhile, Bitcoin mining stocks have jumped by over 200% year-to-date. One miner stock, Cipher Mining (CIFR), is up by a whopping 389% for the year so far. Bitcoin price fell 10% against USD Thursday amid speculations that SpaceX might have sold its remaining holdings. That brings the most work-based cryptocurrency down to what may be a bargain price at this time in its halving cycle, at under $26,000. While...

As crypto mining firms rapidly expand infrastructure ahead of the 2024 Bitcoin halving, the industry is also branching out into another growing tech frenzy: artificial intelligence. A report from JP Morgan on Thursday explained how mining businesses are now repurposing their infrastructure to provide high-performance computing services. Miners Pivot to AI As led by Nikolaos Panigirtzoglou, the analysts wrote that miners are partly funding their shift to AI by selling BTC...

CoinspeakerUS Crypto Mining Industry Forms DEC to Address Wrong Beliefs About Sustainability  Dubbed the Digital Energy Council (DEC), the team is in Washington DC and was established on the 15th of August. US Crypto Mining Industry Forms DEC to Address Wrong Beliefs About Sustainability 

Jeremy Allaire – the CEO of stable coin issuer Circle – says that with bitcoin and Ethereum exploding in price as of late, he thinks countries like China – as well as many other Asian nations – are going to up their bitcoin demands and permit crypto mining like never before. Jeremy Allaire Thinks China Will Again Be a BTC Haven In a recent interview, Allaire said: Hong Kong is clearly looking to establish itself as a very significant center for digital asset...