CleanSpark has announced the purchase of 12,500 units of the Antminer S19 XP bitcoin mining machines for a sum of $40.5 million. Once CleanSpark receives a shipment of the miners, its total hash rate is expected to reach 16 eta hashes per second...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CryptoQuant alerted that miners are making significant bitcoin transfers to Binance. The recent one was of 1750 BTC. A notable transaction involved a substantial transfer of 1750 BTC from...
Bitcoin miners are holding onto their coins and accumulating, despite recent price drops, records on May 12 shows. Their decision to hang on has been described by one observer as “one of the most sincere displays of conviction in the asset”. Bitcoin miners...
Sweden is doing away with tax incentives for data centers come July 2023. This decision could affect bitcoin (BTC) miners who had turned to the Nordic country to increase their profitability. Sweden is eliminating tax incentives for bitcoin miners Sweden has been a...
An agency under the US Interior Department’s Office of Inspector General has revealed that oil and gas firms in the country are diverting natural gas to fuel their crypto mining operations without paying federal royalties. Proof-of-work (PoW) based cryptocurrency miners using natural gas...
On Feb. 23, the Montana state legislature passed a new crypto bill protecting miners from various exploitative acts. The bill seeks to give crypto miners competitive advantages. The bill will ensure miners are not charged electricity rates discriminately by the commission involved. Additionally,...
Core crypto critic Elizabeth Warren, alongside seven other democrat lawmakers, compelled the government to disclose the energy consumption data of crypto miners domiciled in the US. The lawmakers stated that it is “essential” for a “disclosure regime” to be adopted quickly and “on...
The US Securities and Exchanges Commission has reportedly leaked personal information belonging to blockchain firm Green. SEC was investigating the startup’s purchase history. SEC suspected of violating federal policy As per a Washington Examiner news update, the SEC unintentionally released a series of...