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.
Bitcoin Network Difficulty Level Attains New ATH of 29.794T
The Bitcoin network has grown in difficulty yet again as it recorded a new All-Time High (ATH) of 29.794T.
Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US
Fort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.
Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home
Compass Mining, an American Bitcoin mining company, has published a guideline that will help retail individual miners to set up their mining rigs at home.
Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions
Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.
Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.
Iran to Introduce Additional Penalties for Illegal Crypto Mining
The Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity.
Musk Abandons Twitter Board, Tesla Builds Partnership to Make BTC Mining Eco-Friendly
Tesla's boss Elon Musk decides not to join the board, who recently become the biggest shareholder in Twitter. Meanwhile, Tesla, Blockstream, and Jack Dorsey-owned Block have teamed up to power a bitcoin mining facility with solar energy.
Gryphon Digital Mining Cancels to Go Public via Reverse Merger with Sphere 3D
The firms said they terminated the merger plan announced last June because of the current unfavourable market conditions.
Intel Launches Second-Generation Bitcoin Mining Chip ‘Blockscale’
Intel is keen on introducing the most efficient blockchain mining chips that enable more energy efficiency and a lightning-fast mining experience.
UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for cryptoasset technology and investment.