block reward mining Archives

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21 December, 2022

Microsoft bans cloud mining

Microsoft quietly updated the terms of use of its online services to prohibit block reward mining effective December 1, claiming...

BTC miner Bitfarms faces NASDAQ delisting over share price deficiency

Tech

Steve Kaaru

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21 December, 2022

BTC miner Bitfarms faces NASDAQ delisting over share price deficiency

NASDAQ has issued a warning to Bitfarms, giving it 180 days to correct its share price, which has been trading...

Argo Blockchain can’t guarantee it will avoid bankruptcy despite London relisting

Tech

Steve Kaaru

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14 December, 2022

Argo Blockchain can’t guarantee it will avoid bankruptcy despite London relisting

Argo Blockchain was delisted on December 9 after ‘accidentally’ publishing a statement saying it’d file Chapter 11 bankruptcy, but says...

Kazakhstan parliament to introduce block reward mining regulations

Tech

Wahid Pessarlay

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13 December, 2022

Kazakhstan parliament to introduce block reward mining regulations

The bill has been touted to offer several changes to the mining industry that has operated without any concrete legal...

Russia’s central bank to prohibit miners from selling digital assets to Russians

Tech

Wahid Pessarlay

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13 December, 2022

Russia’s central bank to prohibit miners from selling digital assets to Russians

The Bank of Russia adopted a negative stance towards the sale of virtual currencies to Russian citizens under the draft...

Kentucky probes electricity discounts to block reward miners

Tech

Steve Kaaru

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10 December, 2022

Kentucky probes electricity discounts to block reward miners

A local environmental group criticized the discounts and urged the state to reconsider, saying Kentuckians will be left stuck with...

Paraguay’s plan to encourage digital asset mining falls apart after president’s veto

Tech

Wahid Pessarlay

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10 December, 2022

Paraguay’s plan to encourage digital asset mining falls apart after president’s veto

Only 38 out of 80 lawmakers voted to proceed with the bill, and out of the number, nine lawmakers voted...

Bitcoin nodes don’t ‘vote’ on rule changes—but developers shouldn’t propose them

Tech

Jon Southurst

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30 November, 2022

Bitcoin nodes don’t ‘vote’ on rule changes—but developers shouldn’t propose them

The question over what decisions miners can/can't make arose again this week with the latest release candidate to BTC's protocol...

New York governor signs bill banning carbon-based fuel proof-of-work mining

Tech

Steve Kaaru

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28 November, 2022

New York governor signs bill banning carbon-based fuel proof-of-work mining

Gov. Kathy Hochul signed the moratorium which was approved by the state senate in June after putting it off for...

Russia seeks to legalize block reward mining with new bill

Tech

Steve Kaaru

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24 November, 2022

Russia seeks to legalize block reward mining with new bill

The bill, expected to sail through State Duma, makes it legal to sell mined digital assets on foreign platforms as...

ASIC firm Canaan’s Q3 income plummets 90%

Tech

Steve Kaaru

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18 November, 2022

ASIC firm Canaan’s Q3 income plummets 90%

Canaan’s Q3 revenue dropped by 41% while gross profit dipped by 75%, but the company says it will continue to...

Quebec blockchain miners may face electricity cuts from grid operators

Tech

Wahid Pessarlay

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8 November, 2022

Quebec blockchain miners may face electricity cuts from grid operators

Hydro-Quebec’s Electricity Supply Plan 2023-2032 report warns that the city’s electricity consumption could spike by an additional 25 TWh in...

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