Margins of up to 90% give energy firms that mine bitcoin an edge
When Beowulf Mining Plc built a data center in Montana for a major Bitcoin miner in 2020, the three-decade old...
electricity
Bitcoin Mining Difficulty Drops as Electricity Costs Rise
As a result of the next recalculation, the complexity of bitcoin mining decreased by 0.35% to 27.45 million...
How Bitcoin Mining Strengthens Electricity Grids
The House Hearing on Crypto’s Energy Use & Impact, held on January 20, 2022, was ultimately championed by a stellar...
Malaysian Police Shut Down 3 Crypto Mining Operators Over Alleged Electricity Theft
With electricity theft becoming more common in Malaysia for cryptocurrency mining, the Malaysian police shut down three cryptocurrency mining operations in...
Chinese bitcoin miner exodus faces hurdles as equipment remains stuck from shipment …
As many as 2 million cryptocurrency mining machines are stuck in China's Sichuan province, lawyers estimate, after a government crackdown...
Four arrested for electricity theft in Penang to mine Bitcoin
GEORGE TOWN: Four men have been arrested for allegedly stealing electricity to conduct Bitcoin mining. George Town OCPD Asst Comm...
Why Is Electricity Shortage A Major Concern For Crypto Mining?
Many countries including Sweden, China, Russia, Kazakhstan, Kosovo, and Iceland have cracked down on crypto mining as the countries face...
Kosovo police seize 300 crypto mining machines amid electricity shortages
The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more...
Tesla beat bitcoin over the past year — so did 124 others in the S&P 500
This might shock bitcoin fans: 125 components of the S&P 500 made investors more money over the past year than...
Malaysian Police Arrest Man for Bitcoin Mining Using Stolen Electricity
While mining activity has increased in Malaysia, the amount of stolen electricity used is growing in alarming proportion, compelling authorities...