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Tag: mining

China’s miner exodus a ‘big net positive for crypto,’ Mike Novogratz says

July 1, 2021 wp-bot Cointelegraph

Despite China’s undermining, Bitcoin still exists and survives in lots of ways, Galaxy Digital’s CEO says.

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Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners

July 1, 2021 wp-bot Bitcoin News

Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a

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Crypto miner claims all major Yunnan operations shut down in advance of CCP anniversary

June 30, 2021 wp-bot Cointelegraph

It’s unclear if the shutdowns are due to orders passed down from above or the result of China’s announced regulatory crackdown on crypto miners.

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Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’

June 30, 2021 wp-bot Bitcoin News

On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining

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Poolin Reward Tokens Plummet In Response To China Bitcoin Mining Exodus

June 30, 2021 wp-bot News BTC

Following China’s bitcoin mining crackdowns, Poolin has suspended rewards for its tokenized hashrate contracts. The wBTC and wETH rewards are on pause until “less than

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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining

June 30, 2021 wp-bot Bitcoin News

Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners.

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Blockchain
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