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Tag: crypto mining

Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume

July 19, 2021 wp-bot Bitcoin News

An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is

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Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US

July 15, 2021 wp-bot Bitcoin News

Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company

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Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence

July 15, 2021 wp-bot Bitcoin News

A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a

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Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver

July 14, 2021 wp-bot Bitcoin News

During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan.

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China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports

July 14, 2021 wp-bot Bitcoin News

Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power

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Bit Mining raises $50M to take operations out of China

July 14, 2021 wp-bot Cointelegraph

Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining.

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