Bitcoin Mining

Bitcoin Mining Goes Old School in Norway – Bitcoin Australia

Bitcoin Mining Goes Old School in Norway – Bitcoin Australia

Northern Bitcoin is taking crypto mining underground – literally. Citing better security and climate, the group has partnered with Lefdal Data Centre to store mining machines deep within an old mineral mine. Lefdal Data Centre is housed in an abandoned peridot mineral mine to the north of Bergen, Norway. It markets itself as a secure […]

Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom – newsBTC

Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom – newsBTC

Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities operating in China’s Yunnan province. The bureau […]

Hut 8 Adds 12 Bitcoin Mining BlockBoxes to Drumheller Facility – Nasdaq

Hut 8 Adds 12 Bitcoin Mining BlockBoxes to Drumheller Facility – Nasdaq

TheCryptoUpdates Hut 8 Adds 12 Bitcoin Mining BlockBoxes to Drumheller FacilityNasdaq(“Hut 8” or the “Company”) (TSXV:HUT) (OTCQX:HUTMF), the world’s largest public cryptocurrency mining company by operating capacity and market capitalization, is pleased to announce the purchase of an additional 12 BlockBox Data Centers at its bitcoin …Canada Based Bitcoin Mining Firm Hut 8 Sees Record High […]

Bitfury's Billion Dollar Valuation Shows Bitcoin Mining Network's Growth And Interest Is Climbing – Bitcoin Exchange Guide

Bitfury's Billion Dollar Valuation Shows Bitcoin Mining Network's Growth And Interest Is Climbing – Bitcoin Exchange Guide

Bitcoin Mining Market Continues To Draw Interest Despite Various Reports Suggesting Otherwise Even though the past couple of months have seen a host of news stories suggesting that the Bitcoin Mining industry has been losing traction globally, BTC mining equipment manufacturer, Bitfury, recently announced that it been successful in securing a valuation of $1 billion […]

Bitcoin's high energy consumption is a concern – but it may be a price worth paying – The Conversation UK

Bitcoin's high energy consumption is a concern – but it may be a price worth paying – The Conversation UK

Bitcoin recently turned ten years old. In that time, it has proved revolutionary because it ignores the need for modern money’s institutions to verify payments. Instead, Bitcoin relies on cryptographic techniques to prove identity and authenticity. However, the price to pay for all of this innovation is a high carbon footprint, created by Bitcoin mining. […]

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