Block Reward Mining

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...
Abkhazian authorities still discovering illegal block reward mining farms despite ban
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25 May, 2022

Abkhazian authorities still discovering illegal block reward mining farms despite ban

According to an official press release, the facility was located in the rural village of Yashtuha, in the Sukhumi region,...
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