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block reward mining

Kentucky regulator cancels planned power subsidies for Chinese BTC miner
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6 September, 2023

Kentucky regulator cancels planned power subsidies for Chinese BTC miner

Ebon International was to invest $50 million in a 250MW mining facility under the promise that the Kentucky Power Company...
BTC miner Canaan posts $110M net loss in Q2 despite improved revenues
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1 September, 2023

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Canaan recorded $110 million in losses despite hitting an uptick in revenue at $74 million, with inventory write-down and equipment...
Laos cuts off power supply to BTC miners
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31 August, 2023

Laos cuts off power supply to BTC miners

The country’s grid operator says a severe drought in the first six months led to the crackdown, with an insider...
Angola wants to ban BTC mining
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30 August, 2023

Angola wants to ban BTC mining

The Angolan government says the ban is to protect the national grid as BTC mining is energy-intensive, but stakeholders say...
Oman unveils $350M block reward mining hub as it advances digitization drive
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29 August, 2023

Oman unveils $350M block reward mining hub as it advances digitization drive

Oman is opening a digital currency mining hub as part of its plans to boost digital economy growth and push...
Global energy production and Bitcoin
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28 August, 2023

Global energy production and Bitcoin

The energy associated with Bitcoin is attributed to the number of transactions verified, so as the system becomes more efficient,...
Gorilla Pool’s Kevin Alkema talks end-to-end ASIC mining solutions
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20 August, 2023

Gorilla Pool’s Kevin Alkema talks end-to-end ASIC mining solutions

In an interview with CoinGeek Backstage, Gorilla Pool’s Kevin Alkema talks about what sets the company apart and how it’s...
Canadian block reward miner Hut 8 reports 8% Q2 loss
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20 August, 2023

Canadian block reward miner Hut 8 reports 8% Q2 loss

Like its peers in the BTC mining industry, Hut 8 had a poor quarter, with the shutdown of one of...
Block reward mining: $20M facility gets green light in Kyrgyzstan
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5 August, 2023

Block reward mining: $20M facility gets green light in Kyrgyzstan

Kyrgyzstan's president reportedly said the block reward mining farm could help the country cut down on wastage of unutilized power...
Arkansas counties racing to crack down on noise pollution from BTC miners
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26 July, 2023

Arkansas counties racing to crack down on noise pollution from BTC miners

Arkansas will pass a new law that protects miners from being singled out for regulations, and counties want to crack...
Block reward miner Hive Digital ditches ‘blockchain’ tag as it pivots toward AI
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18 July, 2023

Block reward miner Hive Digital ditches ‘blockchain’ tag as it pivots toward AI

Hive notes that despite removing “blockchain” from its appellation, the push into AI development is ultimately designed to “support the...
UAE is betting big on block reward mining: report
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12 July, 2023

UAE is betting big on block reward mining: report

The United Arab Emirates reportedly accounts for 4% of the global BTC hash rate, with Abu Dhabi leading the emirates...