Tag: bitcoin mining

Bitcoin tries to break $40K for the second time in as many days

After six weeks pacing between $30,000 and $36,000, BTC’s price is now hovering around $40,000 resistance once again in two days. Bitcoin’s (BTC) volatility made headlines again after the original cryptocurrency...

Blockstream, Square To Build Solar-Powered Bitcoin Mining Facility

Bitcoin infrastructure company Blockstream and financial services company Square will be partnering to construct a solar-powered Bitcoin mining facility. It will be located at one of Blockstream’s preexisting mining facilities and is...

Crypto mining blows in Argentina amid cheap energy subsidies

Cryptocurrency mining has become an attractive venture for Argentinians due to energy subsidies and the rising inflation levels in the country. Cryptocurrency mining booms in Argentina Cryptocurrencies have gained adoption in several parts of...

Bitcoin continues to consolidate, what to expect in the next few days?

After Bitcoin dropped below $ 40K, we got into the same zone we were  at the beginning of the year, in the price range where BTC had no problem staying stable for...

UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power

Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was...

Iran Introduces Nationwide Ban on Mining until September

Iranian President Hassan Rouhani addressed his fellow citizens and announced a total ban on private mining in the country during the summer months. The ban on cryptocurrency mining is caused by fears that...

Bitcoin Miner Says 90% Carbon Neutral

A USA based bitcoin miner has announced they produce almost no carbon when mining bitcoin, DGHI said in a statement. “We are extremely proud to report that over 90% of the energy consumed...

Elon Musk Wants to Know Where BTC Miners Are Getting Their Energy

Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has taken more jabs at the bitcoin mining process. Elon Musk Isn’t Done Asking Mining Questions People were shocked last...
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