Category: Mining

The World Bank recently reported that global energy prices could remain “historically high” until 2024. They expect energy prices to “rise more than 50% in 2022.” Given that energy is the only direct cost to the Bitcoin mining network, what might this mean for the future of PoW mining? Speaking to Mas Nakachi, Managing Director

The New York State Assembly has passed a mining moratorium bill to pause all crypto mining development for two years. The essence of the moratorium is to give the state enough time to examine the impact of mining in the state. Two-year moratorium on carbon-fueled mining Assemblymember Anna Kelles sponsored the Bill designed to prevent

New York has become a battleground for crypto mining after lawmaker Anna Kelles submitted a proposal to “place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocurrency mining,” the Wall Street Journal reported. Kyle Schneps, director of Bitcoin mining company Foundry Digital LLC, said. “We view the battle going on in New York

Online debate around the upcoming Bitcoin (BTC) halving event is heating up. Those discussing it are delighted that the cryptocurrency community only has approximately two years before this event, leaving many outsiders asking what it is and why it is so crucial. According to CoinMetrics‘ ‘State of the Network’ email newsletter dated April 19, Bitcoin

Spencer Dinwiddie of the Dallas Mavericks, in conjunction with Bitrefill, the world’s largest crypto-only online store, team up to launch the Bitsneaks shoe. The Bitsneaks feature a black-on-black colorway with contrasting sole and embroidered logo. Appealing to Bitcoin fans, they also come with additional extras, including an 825-lumen LED display to broadcast the BTC price.