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Tag: mining

Iranian crypto miners using household energy will face large fines

May 17, 2021 wp-bot Cointelegraph

Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages.

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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

May 17, 2021 wp-bot Bitcoin News

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

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Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process

May 16, 2021 wp-bot Bitcoin News

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

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Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm

May 14, 2021 wp-bot Bitcoin News

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

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Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month

May 14, 2021 wp-bot Bitcoin News

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

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Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint

May 14, 2021 wp-bot Bitcoin News

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

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Blockchain
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