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Tag: mining

Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’

May 1, 2021 wp-bot Bitcoin News

During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about

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Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities

April 30, 2021 wp-bot Bitcoin News

Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric

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Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel

April 30, 2021 wp-bot Cointelegraph

In the latest Cointelegraph video debate, experts discuss pathways towards making Bitcoin more sustainable.

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China Set to Regulate Bitcoin Mining over Effects on Carbon Footprint

April 30, 2021 wp-bot Inside Bitcoins

China may be making plans towards increasing regulations in crypto mining. This comes after concerns about the effects of Bitcoin mining on the carbon footprint.

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Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets

April 29, 2021 wp-bot Bitcoin News

The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis

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Beijing investigates crypto mining farms to improve energy efficiency

April 29, 2021 wp-bot Cointelegraph

Bitcoin’s electricity bill has been attracting the attention of regulators worldwide.

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