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Mining news
Kuwait is toughening its crackdown on illegal cryptocurrency mining, conducting raids and blocking sites to reduce the strain on the power grid caused by the energy crisis.
Phoenix Group has expanded its bitcoin mining capacity in Ethiopia by 52 MW, reaching 132 MW in the country and exceeding 500 MW globally, utilizing mostly renewable hydropower.
Bitcoin mining is getting greener, reflecting the industry's shift to sustainable sources under economic, regulatory and societal pressures.
US duties are reducing demand for mining equipment, forcing Bitdeer to shift to offline mining and local production despite financial losses and risks.
As the cryptocurrency market continues to mature, Bitcoin mining—once criticized for its environmental impact—is undergoing a transformative shift toward sustainability. Leading this change..
Since 2021, El Salvador has mined 473.5 BTC (equivalent to $29.3 million) through the use of geothermal energy. Such information was released by Reuters, referring to the state structure..
Canadian mining company Hut 8 has presented its results for the month of April 2024. As reported by The Miner Mag, the company successfully mined 148 BTC during this period.
Tether recently unveiled its reorganization strategy and fresh prospects to expand its horizons beyond the stable coin realm. According to an official statement, the company behind the USDT..
Bitcoin miners are in an exciting race to be the first to process the block following the fourth halving as it contains the coveted "epic satoshi". This exciting event is reported..
The upcoming halving event should increase the sustainability and green credentials of the bitcoin network, incentivizing miners to switch to renewable energy sources..
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