block reward mining Archives

Kazakhstan’s new laws limit BTC miners’ energy use, forces them to sell 75% of mined assets

Tech

Steve Kaaru

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19 February, 2023

Kazakhstan’s new laws limit BTC miners’ energy use, forces them to sell 75% of mined assets

The new law aims to reduce the impact of miners on the national grid, only allowing them to tap the...

Bitriver to open 100 MW mining facility following subsidy from Russia

Tech

Steve Kaaru

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17 February, 2023

Bitriver to open 100 MW mining facility following subsidy from Russia

Russia is capitalizing on most countries’ anti-mining stance and is directly supporting the construction of a $12.3 million mining facility...

Mississippi Senate passes new bill seeking to protect block reward miners from discrimination

Tech

Wahid Pessarlay

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15 February, 2023

Mississippi Senate passes new bill seeking to protect block reward miners from discrimination

Under the proposed legislation, miners in Mississippi would be allowed to operate in residential areas so long as they comply...

BTC miner Hut 8 merges with US Bitcoin Corp. to weather brutal bear market

Tech

Steve Kaaru

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11 February, 2023

BTC miner Hut 8 merges with US Bitcoin Corp. to weather brutal bear market

The two companies will now be subsidiaries under Hut 8 Corp., or New Hut, with USBTC benefiting from a strong...

Peter Wall steps down as CEO of struggling BTC miner Argo Blockchain

Tech

Steve Kaaru

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10 February, 2023

Peter Wall steps down as CEO of struggling BTC miner Argo Blockchain

Peter Wall, who has been at the helm of the BTC miner for three years, says he is leaving to...

Core Scientific to borrow $70M from investment bank B. Riley

Business

Steve Kaaru

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7 February, 2023

Core Scientific to borrow $70M from investment bank B. Riley

Core Scientific will use the funds to replace an existing credit facility from the same bank and to keep running...

Business

Steve Kaaru

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7 February, 2023

BlockFi wins court’s approval to auction BTC mining assets

BlockFi told the court that the current upswing in the BTC mining sector makes it the ideal time to sell,...

Inordinate Ordinals for ordinary Bitcoiners

Editorial

Kurt Wuckert Jr

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6 February, 2023

Inordinate Ordinals for ordinary Bitcoiners

Twetch came out with a bunch of tooling within 48 hours of the public explosion of Ordinals NFTs and launched...

Kazakhstan’s Senate proposes revisions to digital asset mining bill

Tech

Wahid Pessarlay

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5 February, 2023

Kazakhstan’s Senate proposes revisions to digital asset mining bill

Revisions on the proposed virtual currency mining bill include the specification of the sub-types of permits available to miners and...

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Tech

Steve Kaaru

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3 February, 2023

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Marathon partnered with FS Innovation on the project, which it estimates will produce 250 MW of energy as it strives...

BTC miner Hut 8 sues power supplier for breach of power purchase contract

Tech

Steve Kaaru

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1 February, 2023

BTC miner Hut 8 sues power supplier for breach of power purchase contract

Hut 8 is accusing Validus Power Corp. of failing to meet its contractual obligations for a power purchase agreement and...

Argo Blockchain caught up in lawsuit over claims of misleading investors

Tech

Wahid Pessarlay

-

31 January, 2023

Argo Blockchain caught up in lawsuit over claims of misleading investors

The plaintiffs claim that Argo Blockchain misrepresented some facts regarding the financial strength of the company in its security offering...

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