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.
Russian Official Advocates Legalization of Bitcoin Mining
In a dramatic twist, the Russian Deputy Minister of Energy Evgeny Grabchak is pushing for the regulation of Bitcoin mining given the current realities in the country.
ExxonMobil to Mine Bitcoin with Excess Natural Gas
Energy producer giant ExxonMobil has launched a pilot program that will convert this excess natural gas into energy that powers mobile generators that can mine Bitcoin.
NSAV Partners with MNC to Launch First Multi-token Blockchain Home Mining Rig HIVE
Net Savings Link, Inc., a technology services company for the digital asset industry, announced a partnership with Metaverse Network LLC to release HIVE - the first multi-token-enabled blockchain home mining device.
Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining
Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports.
Hut 8 Achieves Record High Annual Revenue of $173.8m
A prominent Canadian cryptocurrency mining company, Hut 8, achieves a record high annual revenue of $173.8 million. Bitcoin holdings will increase by 100% to 5,518 by the end of 2021, with a market cap of $323.9 million.
Argo Blockchain Inks Bitcoin Mining Machine Swap Agreement with Core Scientific
The London-listed Bitcoin mining company, Argo Blockchain, has inked a partnership with Core Scientific that will see both companies swap their BTC mining machines over the next few months.
VanEck Launches Mining ETF on List Today
Investment firm VanEck has launched a mining ETF (DAM), which will officially go public on Wednesday.
Bitcoin Mining Firm Blockmetrix Bags $43 Million Fundraising
The latest financing adds on top of the previous series A funding round that Blockmetrix raised in June last year.
Mawson Infrastructure Group Signs New Hosting Services Deal with Foundry Digital
The deal demonstrates yet another step forward in Mawson's goal to become the world's biggest carbon neutral Bitcoin miner.
Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite
Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions.