MINING
The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.
Iris Energy to Triple Mining Capacity With Thousands of New Rigs
Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.
PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool
UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.
Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate
Bitcoin mining firms produced more BTC and hashrate in January than December.
Kazakhstan plans to reduce tax fraud and unlawful business operations
The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.
Mississippi State Senate Passes Bill to Protect Crypto Miners
The Mississippi state senate approved a law to shield the bitcoin mining business from unfair "regulatory hurdles."
Bitfarms Settles Debt with BlockFi
Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.
Russia Gives Tax Incentives to Crypto Miners
Russia offers tax benefits for crypto mining investors during tough times.
Hut 8 Mining Company to Merge with US Bitcoin
Hut 8 Mining and U.S. Bitcoin will consolidate under New Hut, pending court clearance.
CEO Sues Board Members for Seizing Control of Crypto Miner
Layer1 Technologies CEO John Harney sued two board members for profiting from mining activities.
Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms
Riot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.