Category: Mining

  • Court sides with SEC in mining device case

    A US court has ruled that cryptocurrency mining funds sold by Green United are securities, satisfying the SEC’s claims. according to Bloomberg LawGreen United did not persuade a federal court to dismiss a civil fraud lawsuit brought by the Securities and Exchange Commission, which accused the company of misleading investors.…

  • Joho rejects push to revoke Simba Cement’s Kilifi mining permit

    The Ministry of Mining has rejected a petition seeking cancellation of the license issued to Simba Cement Company, part of businessman Narendra Raval’s empire, in Kilifi County. The ministry told the National Assembly Environment, Forestry and Mining Committee that it had issued a license to Simba Cement to extract limestone…

  • Bitcoin price could jump by 210%: mining executive predicts

    A top Bitcoin mining executive expects prices to continue rising in the ongoing bull market cycle. In an interview with Bernstein, a Wall Street major, the CEO of CleanSpark predicted that Bitcoin (BTC) will rise to $200,000 in the next 18 months. If his point of view is correct, he…

  • Bitcoin Mining Shutdown Cause 20% Surge in Electricity Bills

    The closure of a Bitcoin mining facility in the Norwegian town of Hadsel has led to a 20% increase in electricity bills for residents. The mine was shut down after the municipality refused to renew its license due to noise complaints. CryptoVault ran the mining facility for 20% of local…

  • Bhutan Reveals $780M Bitcoin Stash From State-Funded Mining

    In the heart of the Himalayas, a small, landlocked country has quietly emerged as a global powerhouse in the crypto world. Known for its serene landscapes, rich cultural heritage, and commitment to environmental conservation, Bhutan has now added another feather to its cap — a massive Bitcoin (BTC) reserve worth…

  • Bhutan Reveals $780M Bitcoin Stash From State-Funded Mining

    In the heart of the Himalayas, a small, landlocked country has quietly emerged as a global powerhouse in the crypto world. Known for its serene landscapes, rich cultural heritage, and commitment to environmental conservation, Bhutan has now added another feather to its cap — a massive Bitcoin (BTC) reserve worth…

  • Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining

    The South Asian nation of Bhutan, a Buddhist kingdom on the eastern edge of the Himalayas, has been revealed to be the world’s largest holder of bitcoin, holding 13,011 bitcoins worth $780.49 million, according to a report from Arkham Intelligence. The public data firm has identified bitcoin addresses in Bhutan,…

  • Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining

    The South Asian nation of Bhutan, a Buddhist kingdom on the eastern edge of the Himalayas, has been revealed to be the world’s largest holder of bitcoin, holding 13,011 bitcoins worth $780.49 million, according to a report from Arkham Intelligence. The public data firm has identified bitcoin addresses in Bhutan,…

  • MAX Power Mining Corp. Announces Results of Annual General and Special Meeting

    Article Content VANCOUVER, British Columbia, Sept. 14, 2024 (GLOBE NEWSWIRE) — MaxPower Mining Inc. (CSE: MAXX; OTC: MAXXF; Frankfurt: 89N) (“maximum power“or”a company) announces the results of its Annual General and Special Meeting (AGSM) of ordinary shareholders to be held on September 13, 2024 in Burnaby, British Columbia. Resolutions passed…

  • CleanSpark Expands Bitcoin Mining With Tennessee Acquisition

    Clean Spark Facility As the cryptocurrency landscape continues to evolve, one company has emerged as the dominant player in the Bitcoin mining industry – Clean Spark Company(NASDAQ: CLSK). With a strategic focus on securing high-quality infrastructure and capitalizing on market opportunities, CleanSpark has made headlines once again with its latest…

  • Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems

    Bitcoin mining has seen tremendous growth since the first ASIC miner hit the market in 2013, improving the efficiency of devices from 1,200 J/TH to just 15 J/TH. While these advances were driven by better chip technology, we are now reaching the limits of silicon-based semiconductors. As more efficiencies stabilize,…

  • Bitcoin Mining Difficulty Hits Record 92 Trillion

    Bitcoin mining difficulty hits all-time high of 92.67 trillion On September 11This represents a 3.04% increase over the past 24 hours and continues an upward trajectory in mining competition. the Bitcoin Difficulty Chart The graph plots the historical increases and decreases in mining difficulty over time. It measures how difficult…

  • Bitcoin Mining Difficulty Hits Record 92 Trillion

    Bitcoin mining difficulty hits all-time high of 92.67 trillion On September 11This represents a 3.04% increase over the past 24 hours and continues an upward trajectory in mining competition. the Bitcoin Difficulty Chart The graph plots the historical increases and decreases in mining difficulty over time. It measures how difficult…

  • Is ‘Green’ Bitcoin Mining The Future? Japanese Power Giant Thinks So

    Tokyo Electric Power Company is evaluating Getting into Bitcoin Mining Through its wholly owned subsidiary, Agile Energy X. The basic idea here is to make use of the excess renewable energy that is going to waste. To make the most of this waste, Tokyo Electric Power Company seeks to develop…

  • Is ‘Green’ Bitcoin Mining The Future? Japanese Power Giant Thinks So

    Tokyo Electric Power Company is evaluating Getting into Bitcoin Mining Through its wholly owned subsidiary, Agile Energy X. The basic idea here is to make use of the excess renewable energy that is going to waste. To make the most of this waste, Tokyo Electric Power Company seeks to develop…

  • Unlocking steady profits with CrytocoinMiner, a trusted cloud mining platform

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Discover how the CrytocoinMiner cloud mining platform provides an easy way to earn daily profits through transparent and secure contracts, trusted by millions of users around the world. Learn how…

  • Unlocking steady profits with CrytocoinMiner, a trusted cloud mining platform

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Discover how the CrytocoinMiner cloud mining platform provides an easy way to earn daily profits through transparent and secure contracts, trusted by millions of users around the world. Learn how…

  • Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables

    Tokyo Electric Power Company (TEPCO), Japan’s largest electricity provider, has started mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, According to reports from Asahi. Breaking News: ?? Japan’s largest energy company TEPCO is mining #Bitcoin Excess energy use. pic.twitter.com/ZrsmbV7mv6 — Bitcoin…

  • Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables

    Tokyo Electric Power Company (TEPCO), Japan’s largest electricity provider, has started mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, According to reports from Asahi. Breaking News: ?? Japan’s largest energy company TEPCO is mining #Bitcoin Excess energy use. pic.twitter.com/ZrsmbV7mv6 — Bitcoin…

  • Blockstream Opens New Funding Round For Its Second Bitcoin Mining Security Token

    Today, Blockstream opened its Series C round for the second time. Mining Note — BMN2. The note will be Available to qualified non-US investors It was repriced from the first and second rounds of the series, which occurred on July 18. This round of BMN2 was priced at 31,000 petahashes…