Tag Archives: Bitcoin Mining

It looks like China is still not done clamping down on the crypto mining space. Another region known as the Hebei province has agreed to comply with Beijing’s ruling that all crypto mining should be omitted from China’s workforce. The province is now claiming that the practice is illegal and must end within its borders no later than September 30. China Is Still Kicking Miners Out China shocked the world not too long ago when it decided that all crypto mining should...

Argo Blockchain – a crypto mining company stationed in London – has borrowed more than 18 million pounds from Galaxy Digital, the hedge fund run by crypto mogul and billionaire investor Mike Novogratz. The purpose? To establish a new mining project in Texas that runs entirely on green energy. Argo Blockchain Has Set Its Sights on Texas The argument for green energy in the crypto mining sector has grown exponentially over the past few months. There are many statements...

Sam Bankman-Fried – the man in charge of the FTX cryptocurrency exchange – has engaged in an online Twitter feud with Massachusetts Senator Elizabeth Warren after the former presidential hopeful claimed that energy usage in the bitcoin community was contributing to the death of the planet. Elizabeth Warren Doesn’t Like Bitcoin Mining Warren – still under the impression that people are paying attention to her – tweeted a New York Times article claiming that the amount of...

Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come to life through a partnership with an Australian multinational independent investment bank – Macquarie Group. The Canada-based blockchain company continues with its effort to minimize the environmental damage caused by Bitcoin mining. The latest initiative comes...

Rahdi Fakhoury betreibt einige leistungsstarke Bitcoin Miner im Keller und heizt damit gleichzeitig sein Haus in South Carolina (USA) Der 14-jährige Shaan Raj und seine 9-jährige Schwester Aanya sind keine gewöhnlichen Kinder. Schliesslich führen die beiden Geschwister ein eigenes äusserst profitables Unternehmen, mit dem sie erfolgreich Krypto-Mining betreiben. Die Geschäfte...

Vietnam has recently started recording high demand for crypto mining equipment as more people join the sector to mine cryptocurrencies like bitcoin, ether, and others. Interestingly, the mining rig market in Vietnam saw a significant decline a few months ago after bitcoin lost more than 50% of its value and traded below $30,000 due to several FUDs from China. However, with bitcoin now trading above $50,000, more people are looking to engage in mining activities and are...

Two siblings have learned a lot about bitcoin mining over the past few months and are now putting their knowledge to good use. 14-year-old Ishaan Thakur and his nine-year-old sister Aanya have apparently been earning more than $30,000 per month mining the world’s number one digital currency. Ishaan and Aanya Have Become Mining Moguls In a recent interview, Ishaan states: We started because we wanted to learn something new about technology – and also make some money along...

Während einige Länder hart gegen das Bitcoin Mining vorgehen, positionieren sich andere bereits, um den Markt in ihre eigenen Landesgrenzen zu holen. Weißrusslands Präsident hat nun öffentlich seinen Bürgern empfohlen, Bitcoin Mining zu betreiben, anstatt für weniger lukrative Jobs ins Ausland zu gehen. Bitcoin News: Weißrusslands Präsident hält Bitcoin Mining für profitabler als Jobs im AuslandVor allem im Vergleich zu Jobs in Polen und Deutschland sei das Mining viel lukrativer. Gerade weil...

Cryptocurrency miners from China are now beginning to set up shop in neighboring countries such as Russia and Kazakhstan. As a result, they are coming back online to extract new bitcoin units, and they are again presenting serious competition to miners in the United States and other bitcoin havens. Miners in China Are Setting Up Shop Elsewhere Not long ago, Beijing ruled that all mining in China was to be banned, claiming that the hazards of bitcoin mining were simply...

Jack Dorsey has proven himself to be a major bitcoin fan over the years. Now, he is taking that fandom to a whole new level. Jack Dorsey Is “Trying” Mining The man behind both Twitter – one of the largest social media platforms in the world – and Square, a digital payments platform, announced that he is trying his hand at bitcoin mining. This shouldn’t come as a surprise to anyone who has been monitoring Dorsey’s bitcoin career, as the man was one of the first...