Category: Mining

MiningBitcoin miners in Norway run their operations solely on renewable energy thanks to the country’s climate-conscious industry, according to a  report by Arcane Research. Miners in the country also benefit from the colder climate, lenient regulation, and low tax rates for their operations. Most of all, the country provides some of the cheapest electricity in

Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. This is part of its efforts to reduce its carbon footprint by using non-carbon emitting sources of energy for its operations. Marathon Digital eyes sustainable energy sources According to the CEO,

Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the U.S. Called the “Commercial Digital Asset Mining Act of 2022,” the proposed bill would see the state provide various incentives to businesses in “innovative technological industries” that set up shop in Oklahoma. Cheaper

Proof of Work has gotten a bad rep over the past few years as mining firms have grown along with the environmental ramifications. As the CEO of a blockchain studio, I have struggled with the environmental impact of the miners. I am personally responsible for the creation of many blocks across many chains. Whether we’re

The past week has been one of multiple milestones for Bitcoin. Soon after SBI Crypto mined the 19 millionth Bitcoin, the mining difficulty of the flagship digital asset reached a new all-time high of 28.587 trillion. The jump in mining difficulty happened on March 31 at block 729,792. This is the first time the mining

A couple of days ago, we published an article on Planetwatch. In it, I toyed with the idea of a crypto mining super box that could mine different cryptocurrencies. Well, a few hours after it went live, I received an email from a reader informing me that there was indeed such a device. It is

The Bitcoin community is reacting strongly to calls by environmental NGO Greenpeace and Ripple Co-founder Chris Larsen for a change in the consensus model of the digital asset.  Larsen’s Ripple association gives concern Larsen, the chairman of Ripple, donated $5 million to a Greenpeace Campaign seeking to change the Bitcoin code. The “Change the Code,

Today, Nova Labs (formerly Helium Inc) announced $200M in Series D financing at a $1.2B valuation with investment from Tiger Global, a16z, Nokia, and Alexis Ohanian. Volvo, Cisco, and Accenture are now starting to utilize the Helium Network, causing a breakout year where the company became the fastest rollout of a wireless network in history.

Russia’s Deputy Minister of Energy said that cryptocurrency mining in the country should be fully legalized as soon as possible. This Saturday, the minister addressed the legal vacuum cryptocurrency mining exists in, saying that the fact that the industry is regulated federally, instead of locally, significantly hinders its development. More officials in Russia want more