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.
Block reward miners including Hive Blockchain, Genesis Mining and Bitfury have set up shop in Iceland which offers cheap electricity.
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.
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.
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.
Kal Suurkask, the chief commercial officer at TAAL, explained the company’s approach to ushering in the future of blockchain transaction processing.
AUC proposed Link Global to pay an economic disgorgement of roughly CAD 2 million for financial gains from unlawful electricity production.
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 and LGHSTR Ltd deal aims to invest and build digital currency mining facilities in Kazakhstan.
The company has placed an order to purchase 800 digital currency mining machines that will be deployed at facilities in Southeast Asia.
Officials in Yingjiang County are implementing strict warnings to block reward miners operating illegally to halt operations within the region.
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 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.