Block reward mining added to list of sectors facing energy caps in Iceland
Block reward miners including Hive Blockchain, Genesis Mining and Bitfury have set up shop in Iceland which offers cheap electricity.
Jacob Rozen
author
Articles By Jacob Rozen:
Xive shuts down facility in South Kazakhstan due to electricity crisis
Kazakhstan has been struggling with electricity shortage following the influx of block reward miners from China, forcing some miners to move again because of the new energy crisis.
Block reward miners are eating up Kazakhstan’s electricity
The boom on block reward mining in Kazakhstan comes after the mass exodus of miners from China's crackdown, forcing the country to import power and ration domestic supply to meet the surging demands.
Marathon shares plummet after SEC subpoena
Shares of Nasdaq-listed Marathon Digital Holdings Inc. dropped by 27% after receiving a subpoena from the U.S. securities regulator regarding its endeavors related to a Hardin, Montana Data Center.
Write, read, analyze & tokenize: TAAL’s approach to building bigger and building better
Kal Suurkask, the chief commercial officer at TAAL, explained the company’s approach to ushering in the future of blockchain transaction processing.
Link Global faces major penalties from Alberta Utilities Commission
AUC proposed Link Global to pay an economic disgorgement of roughly CAD 2 million for financial gains from unlawful electricity production.
Canaan Q2 earnings surge amid volatile digital currency market
In its quarterly earnings report, Canaan said it sold 5.9 million terahashes per second (TH/s) of hashing power during the quarter representing a 126.9% Y/Y increase from 2.6 million TH/s.
The9 Limited strikes deal to expand in Kazakhstan
The9 Limited and LGHSTR Ltd deal aims to invest and build digital currency mining facilities in Kazakhstan.
Singapore Myanmar Investco enters block reward mining sector
The company has placed an order to purchase 800 digital currency mining machines that will be deployed at facilities in Southeast Asia.
BTC miners will be cut off from power in parts China’s Yunnan
Officials in Yingjiang County are implementing strict warnings to block reward miners operating illegally to halt operations within the region.
Nvidia Q2 revenue surges, but digital currency-related sales fall short of expectations
Nvidia’s fiscal net income has reached $2.4 billion in Q2, but despite the growth, the sales of the tech giant's blockchain mining chip failed to meet expectations.
Bitfarms Q2 revenue jumps, fueled by digital currency bull market
Bitfarms Ltd. on Monday reported second-quarter earnings that exceeded some analysts' expectations as the block reward miner cashed in on the booming digital currency market.