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“# Bitcoin mining banned in Iran until September ” The recent crackdown on Bitcoin (BTC) and crypto mining in Iran has reached a new dimension with the government banning the activity over the summer. According to a report by Bloomberg, President Hassan Rouhani announced the blanket ban on Bitcoin mining in the country in an…
“# Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital ” Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead. Off The Chain Capital and Foundry Digital, a subsidiary of…
“# Dogecoin mining announcement crashes streaming company’s website ” Hello Pal, a Canadian social platform has said that its website suffered a temporary outage back in February. According to a press release issued by the company on Thursday, the incident occurred shortly after it announced significant investments in Dogecoin (DOGE) and Litecoin (LTC) mining. At…
“# Crypto enthusiasts could make $122K per year mining Ethereum with this setup ” Simon Byrne has taken at-home crypto mining to a whole new level as he looks to capitalize on Ethereum’s (ETH) potential. As first reported by Anthony Garreffa, Byrne has set up an ETH mining rig consisting of 78 GeForce RTX 3080…
“# Democratizing Bitcoin’s hashrate takes center stage at mining summit ” Bitcoin (BTC) mining continues to ramp up following the successful May 11 halving, but growing industry concentration could undermine the “democratization of hashrate,” according to a panel presentation at this year’s Mining and Investment Summit. Hosted by Matrixport and sponsored by Bitmain, the 2020 Mining…