News
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BT Daily News: Bitcoin Mining Council is committed to sustainability
The Bitcoin Mining Council (BMC) is made up of numerous Bitcoin miners who want to advance the blockchain of the crypto bedrock. "We promote transparency, share best practices, and educate the public about the benefits of bitcoin and bitcoin mining," the company's project page says. -
BT Daily News: Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm
According to the bitcoin mining company Aspen Creek Digital Corporation (ACDC), the firm’s second HPCC has started operations in Texas. ACDC and Compass will be collaborating at the facility, as Compass plans to host 27 MW of capacity or about 9,000 Bitmain-crafted application-specific integrated circuit (ASIC) bitcoin miners. -
BT Daily News: It’s a battle of the fittest for Bitcoin miners in these difficult times
Bitcoin is stuck in a relentless sideways channel, with the historically volatile asset proving considerably more stable than the global stock markets. -
BT Daily News: Skype Co-Founder Leads $13M Investment in Liquid-Cooled Bitcoin Mining Tech
Cryptography hardware technology company Fabric Systems raised $13 million in a seed round from investors to build energy-efficient Bitcoin mining hardware. -
BT Daily News: Bitcoin at Rs 16 lakh, crypto firms welcome OECD framework, and more
Major cryptocurrencies were trading in the red early on October 13 as the global crypto market cap decreased 0.05 percent to $918.19 billion over the last day. The total crypto market volume dropped 9.88 percent to $44.13 billion over the last 24 hours. -
BT Daily News: A Shift to Renewables Will Optimize Bitcoin Mining
Solar is now termed “the cheapest energy source.” The levelized cost of energy places onshore wind and solar ahead of other energy sources. -
BT Daily News: Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturns
A recently filed SEC Form D registration explains that Rhodium Enterprises, Inc. raised $11.9 million this month, according to a notice of an exempt offering of securities filing published on September 19, 2022. -
BT Daily News: US Share of Bitcoin Mining Has Spiked in the Past Two Years, From 3.5% To 38%
Most mining firms are looking for places with low electricity costs, and the US provides that. The states could benefit from Bitcoin mining through tax revenue and employment creation. -
BT Daily News: BitNile Expects Bitcoin Mining Run Rate to Double by Year-End
BitNile Holdings Inc. is expecting its Bitcoin mining production run rate to nearly double by the end of the year. The investment holding company said Monday that its run rate is projected to hit 4.7 bitcoin a day by month's end and 9.3 bitcoin a day by year's end with the help of new miners being installed this month. -
Electricity used to mine Bitcoin falls as cryptocurrency crisis widens
With the crypto iciness persevering with to eat the crypto miner's income, and the economic epidemic spreading during the sector, energy intake via way of means of the maximum distinguished cryptocurrency networks has reduced via way of means of as much as 50 in keeping with cent, pronounced the Guardian. According to estimates made via way of means of the crypto analyst Dichotomist… -
Bitcoin Mining Facility Can Fix Electric Grid Issue, Says Riot CEO
Jason Les, the CEO of Riot Blockchain, said that their bitcoin mining office can settle the power matrix issues in Texas. He made this statement in a meeting with a Fox writer on June 3, 2022. -
New York Lawmaker Proposes 2-Year Moratorium on Power Plants to Halt Cryptocurrency Mining Growth
After lawmaker Anna Kelles tabled a suggestion to “place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocurrency mining,” he stated to The Wall Street Journal, New York...