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” New York State Assembly passes ban on new BTC mines that don’t use green power “ The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power…
” City of Fort Worth votes in favor of Bitcoin mining program “ Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council. In a Tuesday city council meeting, Fort Worth approved a resolution to start running three Antminer S9 Bitcoin (BTC) miners donated by the Texas Blockchain Council…
” Sustainable energy usage for BTC mining grows nearly 60% in a year “ Bitcoin (BTC) mining companies are further adopting green energy as the global Bitcoin mining industry increased its sustainable energy mix by approximately 59% year over year. The Bitcoin Mining Council (BMC) is group of 44 Bitcoin mining companies claiming to represent…
” New York legislators to vote on PoW mining moratorium this week “ New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including the Blockchain Association and Crypto Council for Innovation…
” ‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not…
” Georgia crypto mining’s potential: What’s driving growth in the industry? “ Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining? Despite its small size and population, Georgia has become a popular spot for cryptocurrency mining thanks to its cheap electricity, the…
” This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy “ April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources. According to a January…
” EU officials considered Bitcoin trading ban to enforce proposed mining ban “ European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information request. According to a report, published by German digital culture organization Netzpolitik, officials…
” US Treasury Dept lists crypto mining firm in latest sanctions against Russia “ The United States Treasury Department has added Russia-based crypto mining services provider BitRiver and several subsidiaries as firms facilitating the evasion of sanctions. In a Wednesday announcement, the Treasury Department’s Office of Foreign Assets Control, or OFAC, said it was taking…
” Iran to stiffen penalties for illegal use of subsidized energy in crypto mining “ The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years. On April 16,…