Mining firm BIT Mining Limited to invest millions in data center outside China
BIT Mining Limited will invest $25.74 million and jointly build and operate the Texas mining center with Dory Creek, a wholly owned subsidiary of Bitdeer, Inc.
Latest block reward mining News
China block reward mining industry stalls amid news of impending crackdown
Digital currency miners in China, including HashCow and BTC.TOP, halted all or part of their local operations after Beijing officials signaled a potential crackdown on BTC mining and trading activities.
Iran using intelligence officers to hunt block reward miners: report
The Iranian government has reportedly enlisted the services of its network of intelligence officers to dig out the miners as the national power supply firm doubles the reward for whistleblowers.
Home block reward miners to face ‘heavy fines’ in Iran
People in Iran who turn to mining digital currency via their domestic electricity supply will now face heavy fines, according to the government.
China’s Inner Mongolia sets up hotline to report block reward miners
The Inner Mongolia Development and Reform Commission has set up a dedicated hotline and email address for locals to report any suspected block reward miner.
BTC Taproot plan stumbles as miners fail to show support—who holds the power?
With just two weeks to go in a signaling period where miners show support for the change in the blocks they mine, only around 62% are in favor—well short of the 90% needed to implement it.
Argo Blockchain purchases 2 facilities in Quebec
The block reward miner has completed the purchase of two data centers in Quebec, Canada. This follows an earlier announcement this year that the firm purchased land in Texas.
Kazakhstan working on a digital currency roadmap
Kazakhstan is working on implementing enabling regulations for the industry at a time when block reward mining in the country has soared.
Bitfarms gains approval to list on Nasdaq
Bitfarms claims to be the first block reward miner to trade on the Nasdaq Global Market tier, which is reserved for companies who fulfill a higher level of financial liquidity and other requirements.
Hive Blockchain sells Norwegian subsidiary, cites loss of power subsidies
Hive confirmed it had sold its Norwegian subsidiary Kolos Norway AS to the local municipality of Narvik under a share purchase agreement.
No, BSV and BTC cannot be friends forever
If one chain scales in price or transaction volume, miners will switch to that chain without hesitation—regardless of their political positioning, Joshua Henslee writes.
New York bill could halt digital currency mining pending environmental impact assessment
A new bill presented in New York could effectively implement a moratorium on block reward mining in the state until authorities have the chance to understand the environmental impacts.