Mining
This year, Russia has seen a noticeable increase in demand for video cards for cryptocurrency mining, which is due to high prices for cryptocurrency and low electricity tariffs in certain regions, which facilitate illegal coin mining. According to experts interviewed by…
Bitmain, the world's leading Bitcoin mining hardware maker, is increasing its supply of electronic components to the United States in response to changing trading conditions and reduced demand following the halving. This article first appeared in Miner Weekly, a weekly newsletter…
Many residents of a Texas town southwest of Dallas who are facing health problems allegedly caused by constant noise don't seem to have anything positive to say about a cryptocurrency mining company run by MARA Holdings. In a video released Thursday…
New York Stock Exchange-listed Cango Inc. has completed its transformation into a Bitcoin miner. Summary Cango Inc., founded in 2010 in China, is listed on the NYSE. The company previously specialized in the automotive business, but in November 2024 announced its…
In a new research report, Jefferies noted that Galaxy Digital (GLXY) is well-positioned to benefit from the favorable regulatory environment for cryptocurrencies. Jefferies initiated coverage on the crypto investment bank with a “buy” rating, pointing to the passage of the GENIUS…
Nasdaq-listed bitcoin mining company Mawson Infrastructure Group Inc. has reportedly fired its CEO Rahul Mevawalla amid allegations of fraud and breach of fiduciary duty. The lawsuit was filed in Delaware Chancery Court and the charges range from alleged fraud to unethical…
Shares of bitcoin mining company Bitfarms (BITF) rose sharply on Tuesday after announcing plans to buy back up to 10% of its outstanding shares. The Toronto-based company said the buyback program, which begins July 28, will allow it to purchase nearly…
Bitcoin transaction fees have been reduced by 90%. This information comes amid debates about what purposes the asset is most suitable for. Some people believe that it is best suited for everyday payments, while others continue to firmly believe that it…
Disclosure: The views and opinions expressed here are those of the author alone and do not reflect the views and opinions of the crypto.news editorial board. The global geopolitical situation has deteriorated significantly over the past few years. With Europe rearming,…
Russia is preparing to introduce new restrictions on cryptocurrency miners, including tougher penalties for violating existing bans and illegal mining operations. One of the proposed solutions would allow authorities to remotely disconnect cryptocurrency mining facilities from the power grid during periods…
The debate over whether Bitcoin is a suitable medium of exchange or a store of value has reignited, this time due to falling prices for sending the leading cryptocurrency. Leading Bitcoin blockchain analyst Mempool reported this week that users of the…
With Bitcoin’s price increasing by 14.6% over the past month, miners are seeing higher profits. The current price for 1 petahash per second (PH/s) of computing power is around $60.49, which brings additional profits to some of the most popular ASIC…