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miners

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02 Jun 23

CleanSpark purchases new S19 XP bitcoin miners amid crypto winter

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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 […]

Harnessing the Power of Unity04

19 May 23

Miners allegedly make big bitcoin transfers to Binance

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 the address 3BPAodH6WkNQC8TUrnwFKhETiFacNUi68X, associated with miner Poolin, to the address 14nr1dktB2fCn2XkUV2AdwhcmqcHk3acji. The […]

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13 May 23

Bitcoin miners accumulating coins despite sharp price drops

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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 mining rigs

15 Apr 23

Sweden to eliminate incentives for bitcoin miners, raising electricity tax by 6,000%

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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 […]

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03 Mar 23

US authorities to clampdown on natural gas-powered crypto miners

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 to power their bitcoin mining operations without paying federal royalty may be […]

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24 Feb 23

Montana senate enacts legislation shielding crypto miners from exploitation

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, it will change the zoning ordinance. Therefore, home crypto miners who live […]

Crypto mining

08 Feb 23

US lawmakers want crypto miners to share energy and emissions data

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 a required basis” in the letter, which was addressed to key figures […]

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18 Jan 23

SEC leaks crypto miner’s personal data investigating purchases history

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 personal data belonging to Green, a blockchain-based company. According to the report, […]

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