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“# Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool ” Edward Evenson, head of business development at Slush Pool owner Braiins, reports that a large number of Chinese BTC mining machines equivalent to Quebec’s entire output are currently en route to North America and Europe. For those interested in the #Bitcoin…
“# Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. China regulations, FACT or FUD? Normally, this weekly column takes a…
“# Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto ” Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount of energy required to mine Bitcoin has created concerns for investors who were…
“# Nvidia reports record earnings, claims it’s ‘hard to determine’ impact of crypto miners ” Nvidia, a leading manufacturer of graphics processing units, or GPUs, has announced record earnings for Q1 2021. However, the firm has downplayed the role of the crypto bull market in driving its impressive performance, primarily attributing demand for its products…
“# China to socially blacklist Bitcoin miners in Inner Mongolia region ” China has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal activity. Officials unveiled new draft rules which would see harsher punishments applied to those caught mining Bitcoin (BTC)…
“# 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…
“#Oil drillers and Bitcoin miners bond over natural gas” May 21 – On US oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity. The trailers – carrying pipes, generators and computers – are called “mining rigs.” But their owners…
“# Nvidia extends limits on crypto mining to newest gaming graphics cards ” Graphics card giant Nvidia said that the hash rate limiter on its RTX 3060 graphics cards would also be introduced in other RTX 30 series GPUs in an attempt to disincentivize crypto miners. In an announcement from Nvidia today, the company said…
“# Iranian crypto miners using household energy to face large fines ” The Iranian government continues to closely monitor the cryptocurrency mining industry by initiating new measures against home crypto miners, according to a new report. Mostafa Rajabi, a spokesman for the Ministry of Energy of Iran, said that crypto mining with household electricity is…
“# Almost all major Bitcoin mining pools now signaling for Taproot activation ” Nine out of the top-10 Bitcoin (BTC) mining pools by hash rate distribution are now signaling for Taproot activation with BTC.TOP being the only exception as of the time of writing. Indeed, 90% of Bitcoin’s hash rate briefly signaled for the protocol…