Tag: mining
China’s Bitcoin Mining Resurrection: From Zero to 14% Market Share Since 2021 Crackdown
Reading time: < 1 minuteBitcoin mining activity is quietly rebounding across China despite the government’s comprehensive 2021 ban, driven by miners leveraging inexpensive electricity and a data center construction wave in provinces with surplus energy capacity.
Fearing Rate Hikes and Power Shortages, B.C. Permanently Bans Crypto Mining Operations
Reading time: < 1 minuteCiting lessons from other regions, British Columbia is proactively banning new cryptocurrency mining to protect its residents from potential electricity rate increases and supply constraints.
Bitcoin’s Getting Quiet – Too Quiet
Reading time: < 1 minuteSomething strange is happening with Bitcoin: while prices remain high, the network has gotten unusually quiet.
Pakistan Reserves 2,000MW for Bitcoin Miners and AI in Major Policy Shift
Reading time: < 1 minutePakistan has unveiled a landmark initiative to allocate 2,000MW of surplus power to Bitcoin mining and artificial intelligence projects, marking a major step in its digital economy push.
CleanSpark to Sell Mined Bitcoins
Reading time: < 1 minuteCleanSpark, a US Bitcoin mining company, announced plans to sell a portion of the Bitcoin it mines each month to achieve financial self-sufficiency.
Bitcoin Miner Bitfarms Obtains $300M Loan from Macquarie
Reading time: < 1 minuteBitfarms, a global leader in Bitcoin mining operations, has secured a $300 million loan agreement with Macquarie Group to support the development of its high-performance computing (HPC) data centers.
Pakistan’s Crypto Council Proposes Using Excess Energy to Mine BTC
Reading time: < 1 minuteBilal Bin Saqib, CEO of Pakistan’s Cryptocurrency Council, has suggested using the country’s excess energy resources for Bitcoin mining operations.
SEC: Proof-of-Work Doesn’t Violate Securities Law
Reading time: < 1 minuteThe US Securities and Exchange Commission (SEC) has clarified its stance on proof-of-work (PoW) cryptocurrency mining, determining that it does not constitute securities trading under US law.
Mining Disrupt 2025 Returns to Fort Lauderdale as the Leading Bitcoin Mining Conference
Reading time: 2 minutesPRNewswire, PRNewswire, 19th February 2025, Chainwire
A.R.T. Digital Secures Exclusive Agreement with Forced Physics to Transform Bitcoin Mining Cooling Technology
Reading time: 4 minutesAustin, Texas, 20th January 2025, Chainwire
