Ethereum Classic hashrate hits all-time high

Aug 22, 2022

Ethereum Classic hashrate hits all-time high

In just four days, the hashrate increased by 39% and reached 38,37 TH/s

Ethereum’s largest mining pool will stop supporting the PoW algorithm

Aug 22, 2022

Ethereum’s largest mining pool will stop supporting the PoW algorithm

This decision was made in line with the network’s planned transition to the PoS algorithm

US authorities urged miners to disclose environmental impact data

Aug 20, 2022

US authorities urged miners to disclose environmental impact data

Companies should also indicate the steps they are taking to reduce the impact on the energy system

Bitcoin lead developer’s departure and the banks’ connection to the digital ruble.  Main events of the week

Aug 19, 2022

Bitcoin lead developer’s departure and the banks’ connection to the digital ruble. Main events of the week

The most important industry news and detailed analysis of the cryptocurrency market in GetBlock Magazine's weekly review

Japanese financial holding SBI to stop cryptocurrency mining in Russia

Aug 19, 2022

Japanese financial holding SBI to stop cryptocurrency mining in Russia

The company intends to sell off all of its mining equipment

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