Cryptocurrency Analysis and News Portal
Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the energy consumption of cryptocurrency mining and asking the agencies to require mining to report their emissions and energy
Read More
The global mining industry’s sustainable electricity mix is now 58.4%, claims the BMC, and the global Bitcoin network’s technological efficiency grew by 63% year over year. “This efficiency gain reaffirms the fact that as the Bitcoin network continues to grow, it will become even more efficient over time,” said the
Read More
The main modification proposed by the Chamber of Deputies and accepted by the Senate is that the primary law enforcement authority will be the Ministry of Industry and Commerce, which will penalize those individuals or legal entities carrying out mining or providing services with crypto without the corresponding authorization. Source
Read More
Singapore, July 15, 2022 – Torches Finance, the decentralized lending protocol, announces the official launch of TOP (Torches Point token) Mining. By participating in the “Supply & Borrow”, users will be able to obtain the TOP rewards, which can be exchanged for TOR (Torches token) with a certain coefficient before
Read More
The $20-$23/TH range is something the industry hasn't seen since around the time of the 2020 bitcoin price bottom. In addition to Bitmain’s S19, S19j and S19 Pro units, MicroBTC’s Whatsminer M30s, M30s+ and M30s++ models, among others, are feeling the slump as well. Source
Read More
Crypto mining firm CleanSpark announced the purchase of more than 1,000 Bitcoin miners amid the market downturn, reporting a “substantially discounted price” compared to that earlier in 2022.In a Thursday blog spot, CleanSpark said it had acquired 1,061 Whatsminer M30S rigs currently mining Bitcoin (BTC) at the Coinmint facility in
Read More
The mining unit filed for bankruptcy just few months after it said it intends to go public. Source
Read More
Cloud mining is the process of mining cryptocurrency without the direct use of mining equipment or hardware. The process allows users to mine Bitcoin or altcoins without having to manage their own resources.Related: What is an altcoin? A beginner’s guide to cryptocurrencies beyond BitcoinIn traditional crypto mining, cryptocurrency is produced
Read More
The company said it mined 71 bitcoin in June, up about 15% from 62 the previous month. June's performance, said Gryphon, translated into a bitcoin efficiency rating of 129 bitcoin per exahash (BTC/EH) versus the industry average (for those who make these figures public) of 107 BTC/EH. Original Source
Read More
Bitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops in a row, the
Read More