Ukraine plans nuclear-powered block reward mining facility
Ukraine’s Ministry of Energy is reportedly planning the mining center, which could consume as much as two to three gigawatts of energy per day.
Latest block reward mining News
500.com to purchase another $8.5M worth of ASIC mining machines
The NYSE-listed online sports lottery firm signed a definitive agreement to purchase 5,900 ASIC miners for 55.2 million yuan (around $8.5 million).
Hut 8 completes $11.8M financing for new ASIC mining rigs
The Canada-based block reward miner will use the funds to provide a US$2.9 million deposit to purchase 5,400 new Whatsminer M30S ASIC mining machines from MicroBT.
Bit Digital sued by investors over alleged fraud
Block reward miner Bit Digital faces a class-action lawsuit in the Southern District Court of New York as investors are accusing the firm of making false and misleading statements.
Nvidia considers restart of block reward mining GPUs
An Nvidia executive said if demand in the digital currency market picked up to a “meaningful” level, the company could again start selling specialized cards to address the mining demand.
TAAL completes phase 1 rollout of blockchain computer power at Alberta facility
The facility's opening highlights the difference between blockchain infrastructure companies that understand Bitcoin and support its adoption versus companies out to make quick cash.
Miner maker MicroBT rumored to be close to IPO
The Chinese block reward miner manufacturer is preparing for an imminent initial public offering (IPO) that could see the firm debut on the Nasdaq over the coming weeks, according to reports.
Kentucky legislators unveil plan to attract block reward miners
Representatives Steven Rudy and Chris Freeland submitted a draft bill for consideration, which could see the state introduce measures designed to support block reward mining businesses to set up shop.
Struggling online lottery firm announces move into block reward mining
Shenzhen-based and Nasdaq-listed firm 500.com has entered a definitive purchase agreement with an undisclosed party to buy ASIC mining machines.
Mining difficulty on BTC network hits record high
Mining difficulty is a relative measure of the competitiveness for discovering blocks on the BTC network, rising and falling based on the amount of computing power consumed by the network.
Iran shuts down 1,600+ illegal mining farms in 18 months: report
The shutdowns started when Iran recognized mining as a legitimate industry, surging in December 2020 when most digital currencies recorded huge price spikes.
Canaan releases new next-gen ASIC miner
The hardware manufacturer designed the Avalon Immersion Cooling Miner A1066I to be noiseless and eco-friendly.