The Urban Mine

Empowering Las Vegas with E-Waste

Russia plans to permit foreign crypto mining

Russia’s central bank intends to permit the creation of crypto mining organizations outside of the country, Russian news site TASS said on April 17. Elvira Nabiullina, head of the Bank of Russia, said that Russian entities will be allowed to establish special authorized organizations for cryptocurrency mining. However, the scope of permitted activities is still […]

Intel Bitcoin mining chips discontinued despite chip efficiency, $63M revenue boost in 2022

Intel announced the end of first-gen Blockscale 1000-series Bitcoin-mining ASICs on April 18, despite the chips contributing both efficiency and a rise in revenue in 2022 — up from 2021. The announcement — initially reported by Tom’s Hardware — cited “a tighter focus on its IDM 2.0 operations” as the rationale behind the decision to […]

Senator Warren Bitcoin mining tweet called ‘disinformation’ by crypto community

Several crypto stakeholders have described Senator Elizabeth Warren’s latest tweet about Bitcoin (BTC) mining activity as “disinformation.” The Democrat senator had agreed with a New York Times report that Bitcoin mines were increasing energy bills for Americans and causing as much pollution as 3.5 million cars. Warren said she has severally called attention to “the […]

Arkansas passes right-to-mine bill

The U.S. state of Arkansas has passed a bill that aims to protect the local right to mine cryptocurrency, as seen in state legislature records. Those records indicate that the bill was passed by the House and Senate on April 6. It was enrolled and sent to the Governor’s office, where it requires approval, on […]

Scroll to top