Canaan’s profit rises by 117% over the year despite China’s ban on mining

Aug 19, 2022

Canaan’s profit rises by 117% over the year despite China’s ban on mining

Revenue amounted to about $139 million for the second quarter of 2022

Altai resident set up mining farm in covid hospital

Aug 18, 2022

Altai resident set up mining farm in covid hospital

A criminal case has been opened against the man, he faces up to two years in prison

Stronghold to return 26 200 ASIC miners to repay its debt to NYDIG

Aug 18, 2022

Stronghold to return 26 200 ASIC miners to repay its debt to NYDIG

The company’s total debt in the second quarter of 2022 amounted to $127,9 million

Irkutsk region and Khakassia differentiate electricity tariffs due to miners

Aug 17, 2022

Irkutsk region and Khakassia differentiate electricity tariffs due to miners

The initiative aims to combat the illegal mining of digital assets

Three largest miners lost $1 billion due to the market downturn

Aug 17, 2022

Three largest miners lost $1 billion due to the market downturn

Experts note that public companies sell bitcoins faster than they have time to mine them

Energy consumption by Russian miners is up 20 times in 5 years

Aug 16, 2022

Energy consumption by Russian miners is up 20 times in 5 years

The share of cryptocurrency mining ranges from 0,64% to 2% in the structure of energy costs

Bitfarms’ losses amount to $142 million in Q2

Aug 16, 2022

Bitfarms’ losses amount to $142 million in Q2

The mining company also sold $69 million worth of BTC for partial repayment of the loan

Kryptovault announces the move of bitcoin mining beyond the Arctic Circle

Aug 15, 2022

Kryptovault announces the move of bitcoin mining beyond the Arctic Circle

The Norwegian miner will move capacity to the north of the country due to a sharp rise in electricity prices in the southern regions

Bitcoin mining revenue rises by 68% since July

Aug 13, 2022

Bitcoin mining revenue rises by 68% since July

During the same period, the hashrate of the network dropped by almost 10%

BlackRock launches spot bitcoin trust for institutional investors

Aug 11, 2022

BlackRock launches spot bitcoin trust for institutional investors

The company noted an increase in customer interest in the first cryptocurrency, despite the sharp decline in the market for digital assets

Ethereum developers report successful migration of Goerli testnet to PoS

Aug 11, 2022

Ethereum developers report successful migration of Goerli testnet to PoS

The consensus algorithm change in the main blockchain is still expected closer to the end of September

USDC will continue to only support Ethereum PoS

Aug 10, 2022

USDC will continue to only support Ethereum PoS

Circle’s test environment is already connected to the Goerli testnet, whose merger will be followed by an upgrade of the main blockchain