Tag: mining
Mining companies turn into hodlers – is Bitcoin getting scarcer again?
Bull markets are driven by a shortage of supply on the market. Now there is reason to believe that demand could soon outstrip supply again. Bitcoin (BTC) has been trading…
Historical correction of the BTC mining difficulty – does it help the Bitcoin course?
Over the weekend, Bitcoin saw its most dramatic adjustment in mining difficulty to date. Good news for the BTC course? The market update. After a weekend trip over the USD…
Hut 8 Mining goes on an ASIC shopping spree
Hut 8 Mining buys the Hash Rate Dip. The Canadian mining company reports ASIC purchases of $ 44 million. Anyone who thinks the Bitcoin network is endangered by the Chinese…
China bans Bitcoin mining – so what?
The hash rate is falling, Chinese miners are unplugging their devices in droves and Bitcoin is falling. But instead of panicking, Bitcoiners should welcome the geopolitical reorganization of the hash…
Bitmain suspends mining equipment sales | BTC-ECHO
While prices in the market for mining hardware are collapsing, manufacturer Bitmain is switching to damage limitation. Source: BTC-ECHO The post Bitmain suspends the sale of mining equipment first appeared…
China’s bitcoin mining industry begins the exodus
The Bitcoin mining industry has been in turmoil since mining facilities in China were taken offline on a massive scale. Now more and more miners are relocating their business abroad.…
Government confiscates 7,000 illegal mining machines
Mining is allowed in Iran, but has to be officially registered. The police in Iran have now dug into an illegal mining farm and confiscated 7,000 computers, which apparently caused…
Bitcoin Mining Council conducts awareness-raising work on its own behalf
Michael Saylor explains in a virtual meeting what the Bitcoin Mining Council (BMC) is really about. The Bitcoin Mining Council (BMC), a kind of independent association of mining companies, continues…
Bitcoin mining: China shocks, Miami lures
The next Chinese province is putting Bitcoin miners on the curb. Miami’s mayor sees an opportunity for his city. The Chinese campaign against the country’s own Bitcoin mining industry is…
Why volcano mining could soon become a reality
El Salvador is still working hard on a Bitcoin-driven future. Mining from volcanic energy could soon be put into practice. Bitcoin: This is the direct conversion of energy into a…
Bitcoin Mining Council: what role does Elon Musk play?
The Bitcoin Mining Council advocates “clean” mining of cryptocurrencies. Now there is certainty about the participation in this community of interests. Source: BTC-ECHO The Bitcoin Mining Council: What Role Does…
Bitcoin mining is prohibited in another region – hashrate crashes
Chinese Bitcoin miners are increasingly facing difficulties – at least if they rely on fossil fuels. New measures prohibit more miners from mining BTC. The hashrate has fallen sharply. Local…