Tag Archives: Bitcoin Mining

Tierspital dank Bitcoin: El Salvador investiert Bitcoin-Gewinn in Tierheim Nachdem der mittelamerikanische Staat El Salvador den Bitcoin als gesetzliches Zahlungsmittel installiert hatte, verkündete der salvadorianische Präsident Nayib Bukele nun positive Nachrichten. Aus den Investitionen, welche der Staat in den Bitcoin tätigte, konnten insgesamt 4 Millionen US-Dollar Profit geschlagen werden. Der Präsident kündigte an, dass ein Teil des Erlöses...

There are still many miners having to leave China after the country declared bitcoin illegal. It looks like New York and Texas are now competing as they work to bring many of these miners to their turf. New York and Texas Go Head to Head In addition to New York and Texas, Kentucky and Georgia are also attracting their fair share of new miners. These regions are known for offering very inexpensive electricity in certain areas, and those looking to extract new coins are...

The consequences of the Chinese ban on anything crypto, including mining, have led to a massive flippening as the USA has surpassed China in terms of Bitcoin hash rate share, showed recent data. The Demise of the Chinese Hash Rate Empire Although bitcoin and the rest of the cryptocurrency industry have been banned within China’s borders for almost as long as they exist, the country was responsible for the majority of the BTC hash rate for a long time. In fact, no other nation...

Not long ago, Live Bitcoin News produced an article about a pair of siblings living in Texas that had created their own successful mining business. Ishaan and Aanya Thakur – 13 (now 14) years of age and nine years of age, respectively – had studied mining videos on YouTube and converted old equipment to extract Ethereum and other forms of crypto from the blockchain. Texas Siblings Take Their Love of Crypto to the Furthest Reaches Now, these siblings are looking to take...

Bitmain – one of the world’s largest manufacturers of bitcoin mining machines – revealed it would no longer deliver crypto mining rigs to mainland China addresses. However, the firm would continue shipping its products to overseas destinations. The Crypto Ban Reached Bitmain The Chinese crackdown on cryptocurrency mining and trading has affected Bitmain as well. The Beijing-based company announced on its WeChat account that it will halt shipping its Antminer crypto mining...

El Salvador is now using energy from nearby volcanoes to mine bitcoin. El Salvador Is Putting Local Volcanoes to Good Use President Nayib Bukele announced late last week that his country had minted what he called the first volcano-powered bitcoin unit. He also posted a video of bitcoin rigs being set up at a geothermal crypto mining operation stationed in a forest which happened to be near a volcano. Thus far, El Salvador has only managed to extract roughly $280 in BTC...

Hatten Land Ltd in Singapore has joined hands with Frontier Digital Asset Management Pte Ltd. The companies will now work together to manage more than 1,000 crypto mining rigs operating within Hatten Group properties based in Malaysia. Hatten Land Is Revamping Its Mining Projects Beginning in the fourth quarter of 2021, Hatten says that several new digital currency mining rigs will be installed between the two companies. Frontier also operates approximately 700 separate...

Two U.S. Senators – Maggie Hassan, a democrat from New Hampshire and Joni Ernst, a Republican from Iowa – have introduced a new bill that would allow regulators in the country to examine the behaviors of miners both within the nation and abroad. Maggie Hassan Wants to Know What’s Happening in the Mining World The new bill asks that the Treasury Department look at how nations today are using the crypto they mine. It also asks that they examine how much cryptocurrency has...

SAITECH Limited – a crypto mining company that focuses on green energy and hosts mining rigs for its clients – is joining hands with Trade UP Global Corporation, a publicly traded special purpose acquisition firm. SAITECH Is All Set to Join the Nasdaq The partnership will allow SAITECH to become publicly traded on the Nasdaq under the symbol “SAI.” The company will not experience any changes in management, and executives will be made holders of Trade UP stock options....

Nayib Bukele – president of El Salvador – recently took to Twitter with some mining numbers. It appears that the country’s developing volcanic mining facility has produced its first Bitcoin. Volcanic Bitcoin As revealed by Bukele earlier today, the gains produced by the volcano are still small. However, the president still seemed quite enthusiastic to have gotten the project started, showing his new numbers alongside a single heart emoji. At the time of posting, the facility...