Block Reward Mining

Oman backs US-based natural gas-powered block reward mining pioneer company
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7 June, 2022

Oman backs US-based natural gas-powered block reward mining pioneer company

The country has taken an equity stake in Crusoe Energy Systems Inc., a U.S.-based company that is one of the...
New York State Senate passes ban on proof of work mining—here’s what to expect
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6 June, 2022

New York State Senate passes ban on proof of work mining—here’s what to expect

If signed into effect, the bill will place a two-year moratorium on any carbon-based proof-of-work mining operation that is looking...
Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated
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3 June, 2022

Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated

The deputy minister of trade and industry says block reward miners account for about 2% of national electricity, adding that...
Blockchain mining and energy innovation at BSV Global Blockchain Convention
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1 June, 2022

Blockchain mining and energy innovation at BSV Global Blockchain Convention

A panel moderated by CoinGeek’s Patrick Thompson discussed blockchain mining, the amount of energy it consumes, and how to make...
Nvidia shares tumble after pessimistic Q1 revenue forecast
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30 May, 2022

Nvidia shares tumble after pessimistic Q1 revenue forecast

Nvidia also reported that its digital currency-specific products drove a 52% decline in other revenue, given that their revenue during...
Russia removes tax amnesty from drafted block reward mining bill
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30 May, 2022

Russia removes tax amnesty from drafted block reward mining bill

Russia's State Duma has revised several draft block reward mining bill provisions, and one of these is a proposed one-year...
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