Mining

Bitcoin’s cumulative hashrate witnessed notable swings starting in late December, with a pronounced decline occurring in mid-January. This decrease was primarily attributed to the severe cold in…

OKX, one of the largest crypto exchanges by trading volume, has announced that its mining pool services will be phased out from today. The firm will halt new user registrations on Jan. 26, with…

Russian power providers say crypto miners are to blame for “mass” electricity outages during recent cold snaps. Per Interfax, Rosseti Siberia, the local branch of the state-run power provider Rosseti,…

The International Energy Agency (IEA) has delivered a dire warning, revealing that cryptocurrencies and artificial intelligence (AI) currently account for nearly 2% of the world’s total electricity…

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Swan Bitcoin's mining unit expects to raise its computing power by 44% by March. Swan Mining already has more than $100 million in investments and is looking to raise more for expansion. The parent…

Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal supported by the State Duma Energy Committee to tackle the energy deficit in some regions.…

In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer of bitcoin mining rigs, announced it has secured $50 million through the sale of…

On Wednesday, Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, revealed the successful acquisition of a new site in Yguazu, Paraguay, earmarked for a 100 megawatt (MW) mining…

Russia’s biggest crypto mining industry association has hit out at Moscow’s plans to increase electricity tariffs for miners. The Ministry of Energy wants miners to fork out between two and five…