Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to
Read moreReport: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process
Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order
Read moreLow Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm
The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated
Read moreBitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021
Read moreSquare Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company
Read moreTurkish customs confiscate over 500 smuggled Bitcoin mining rigs
Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects.
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