Exxon Mobil to start mining cryptocurrency in the oil fields

Mar 25, 2022

Exxon Mobil to start mining cryptocurrency in the oil fields

The industrial giant has entered into an agreement with startup Crusoe Energy Systems to use excess gas as an energy source

Russia’s Ministry of Economic Development supported bill on the regulation of cryptocurrencies

Mar 24, 2022

Russia’s Ministry of Economic Development supported bill on the regulation of cryptocurrencies

The ministry has proposed to finalize the document on mining issues

​US announced benefits of bitcoin for the country’s energy independence

Mar 22, 2022

​US announced benefits of bitcoin for the country’s energy independence

The US officials believe that thanks to the mining of BTC, new jobs are being created and additional taxes are being paid to the budget.

​Russian government proposed legalizing cryptocurrency mining

Mar 21, 2022

​Russian government proposed legalizing cryptocurrency mining

Deputy Prime Minister Alexander Novak believes it would be advisable to legislate cryptocurrency mining

​Canaan will allocate up to $100 million for share repurchase

Mar 18, 2022

​Canaan will allocate up to $100 million for share repurchase

After the announcement, Canaan shares are trading at $5,27

​Bitcoin mining difficulty dropped for second time in a month

Mar 18, 2022

​Bitcoin mining difficulty dropped for second time in a month

The CEO of Compass Mining attributes this trend to the rising cost of electricity

​Riot Blockchain called 2022 the year of consolidation in the mining industry

Mar 17, 2022

​Riot Blockchain called 2022 the year of consolidation in the mining industry

For 2021, the company’s revenue amounted to $213,2 million, which is 1 665% more than the year before

​An illegal mining farm was discovered in basement of a Bishkek hotel

Mar 17, 2022

​An illegal mining farm was discovered in basement of a Bishkek hotel

A local resident violated a previously imposed ban on mining cryptocurrencies

​An illegal mining farm was discovered in a Novosibirsk bakery

Mar 16, 2022

​An illegal mining farm was discovered in a Novosibirsk bakery

The owner of the equipment faces a penalty of imprisonment for up to 5 years

​European Parliament Committee supported the regulation of cryptocurrencies

Mar 15, 2022

​European Parliament Committee supported the regulation of cryptocurrencies

Of the 45 members of Parliament, 5 voted “against” and 7 abstained

​Graphics card prices hit a record high in Russia

Mar 15, 2022

​Graphics card prices hit a record high in Russia

The NVIDIA GeForce RTX 3090, which is used for mining, now costs more than half a million RUB

​106 illegal mining farms shut down in Kazakhstan

Mar 15, 2022

​106 illegal mining farms shut down in Kazakhstan

As a result of inspections and farm closures, the country’s daily electricity consumption has dropped by 600 MWh