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 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.
Bitfury Floats 28MW Bitcoin Mining Farm in Canada
Amsterdam-based Bitcoin mining company, Bitfury, has announced the launch of a new data centre in Sarnia, Ontario.
Kazakhstan Energy Ministry Cracks Down on Illegal PoW Mining
The Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan has taken a more aggressive approach to curb PoW mining in the country.
Georgia State Becomes next Mining Hub, Bitcoin Miners Enjoy its Green Energy
The exodus of crypto mining operations out of China massively has become a blessing in disguise to the United States, given that it now takes the lion’s share.
Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First
The Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.
Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities
New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies
South Carolina to Play Home for Greenidge's 175 Acre Crypto Mining Farm
Nasdaq-listed Greenidge Holdings has announced its plans to establish a new data center for mining cryptocurrencies in Spartanburg County, South Carolina State.
Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban
Tech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto.