On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million in cash, averaging $458,000 per MW. Marathon Boosts Mining Capacity Ahead of Bitcoin […]
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation. Rigs Are Presumably ASIC […]
“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of the digital age”. Just as the discovery of gold deposits […]
The post Mining City: A Blueprint for Success? appeared first on Bitcoin News.
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt about mining in 2018. Back then the government and China’s central bank […]
The post 1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining appeared first on Bitcoin News.
Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up a hardware operation by themselves or join forces with a large venture via cloud mining. If you are looking to enter this field in 2020, here is what you need to […]
The post How to Mine Bitcoin in 2020 appeared first on Bitcoin News.
Coinmine is a new startup that aims to make in-home mining accessible for non-technical users, based in Los Angeles and founded by Farb Nivi and Justin Lambert. The company has reportedly raised about $2 million from VC funds and angel investors such as Coinbase Ventures and Tinder Chief Product Officer Brian Norgard. Also Read: Kucoin […]
The post Coinbase Ventures Backs Home Crypto Mining Startup Coinmine appeared first on Bitcoin News.
Cryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some cases it can still be profitable to mint coins as an amateur miner, probably the most honest way to earn some digital cash. Here’s a guide on how to build […]
The post A Guide to Building Your Own Crypto Mining Rig appeared first on Bitcoin News.
The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with an estimated 70,000 enterprises currently operating in the field, according to the organization. Miners are taking advantage of the cheap electrical energy produced in Russia. Many companies […]
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A Russian design studio has developed a “beautiful” cryptocurrency mining rig. The fashionable “Freer” is a modular, customizable home mining device. It comes in different colors, displays and sets of ports, depending on the requirements of the client. Meanwhile, members of the Russian crypto community have urged the government to classify individual miners as self-employed which […]
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In Monday’s edition of The Daily we cover the news that Bittrex exchange has invested in a new Malta-based trading platform aimed at institutions, and a research report which predicts that the crypto ATM market will grow by over 50% a year and more. Also Read: Petro Has No Users, No Investors and No Oil to […]
The post The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over 50% a Year appeared first on Bitcoin News.
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