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” US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption “ Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the energy consumption of cryptocurrency mining and asking the…
” BTC mining costs reach 10-month lows as miners use more efficient rigs “ The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since its May peak. On July 13, strategists from JPMorgan led by Nikolaos Panigirtzoglou told investors that Bitcoin…
” Bitcoin miner prices will continue to fall, F2Pool exec predicts “ The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool F2Pool. F2Pool, one of the world’s biggest Bitcoin mining pools that supports 14.3%…
” Crypto miners in Texas shut down operations as state experiences extreme heat wave “ With many parts of Texas enduring days of temperatures well over 100 degrees Fahrenheit in July, many crypto miners have shuttered operations in anticipation of the state’s energy grid being unable to meet demand. The Electric Reliability Council of Texas,…
” US dominates crypto ATMs installations and BTC hash rate worldwide “ Despite the myriads of state and federal regulatory hurdles faced by crypto businesses in the region, the United States plays a major role in preserving the Bitcoin (BTC) and crypto ecosystem. With China moving out of the picture following a permaban on crypto,…
” Global GPU price drops to compensate for falling Bitcoin mining revenue “ As a direct result of falling Bitcoin (BTC) prices, total revenue earned by miners in transaction fees and mining rewards dropped to its one-year lows at nearly $15 million on July 4. However, a concurrent fall in graphic cards or GPU prices…
” Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars “ Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our…
” Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry? “ Crypto companies are going belly up left and right, and Bitcoin mining companies also appear to be taking on water faster than they can bail. In mid-June, Compass Mining CEO Whit Gibbs and chief financial officer Jodie…
” Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts “ Argo Blockchain has joined crypto mining firms including Bitfarms, Core Scientific and Riot Blockchain in selling part of its Bitcoin holdings. In a Thursday blog post, Argo said it sold 637 Bitcoin (BTC) in June for an average price of…
” Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State “ Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended to end up in central Texas. In a Wednesday announcement, Riot said it has transitioned some of…