Argo Blockchain to Establish New Mining Facility in Texas

Popular mining firm, Argo Blockchain, has announced the opening of a new high-grade mining center in Texas. The London-headquartered mining firm announced via its official page it will set up a new mining facility Helios in the aforementioned location in the coming week. As per the firm’s application with the London Stock Exchange, Argo will … Read more

Kazakhstan Power Consumption Report Compulsory For Crypto Miners

As part of Kazakhstan’s efforts to reduce power use, cryptocurrency mining businesses will be obliged to provide detailed details about their activities. Kazakhstan Introduces Stringent Rules For Crypto Miners  According to a recent report, the government of Kazakhstan has established new reporting criteria for crypto mining companies to understand the impact of the sector’s energy … Read more

Tesla May Start Accepting BTC As Bitcoin Mining Council Release Report

A recent report by the Bitcoin Mining Council has confirmed that over 58.4% of BTC mining is powered by a “sustainable energy mix.”Meanwhile, Tesla CEO, Elon Musk, commented that his company would begin accepting BTC when green energy consumption by miners becomes at least 50%.  Tesla CEO And The Bitcoin Mining Council Musk participated in … Read more

Mining Company, Riot Blockchain, To Develop Mining Facility In Texas

Riot Blockchain, a crypto mining company, has announced its plan to construct a 1 Gigawatt facility in Texas. The building is estimated to produce 270 employment and stimulate economic development in the surrounding area. Riot Miner Builds Facility For BTC Hosting And Mining Riot Blockchain has begun construction of a one-gigawatt (GW) plant in the … Read more

Bitcoin Mining Difficulty Is On the Increase Following A 5.56% Spike

The mining difficulty for Bitcoin has been on the increase for some time now, as the most recent adjustment shows a 5.56% increase on April 27. The new development has pushed the mining difficulty for Bitcoin to a new high, indicating that miners and investors are finding the mining ecosystem attractive enough to take a … Read more

U.S. Lawmakers Urge EPA To Assess Environmental Nature Of Crypto Mining

Government officials worldwide, and those in America, have expressed concern about the environmental effect of crypto mining. Recently, several lawmakers sent a letter on the subject to the nation’s environmental agency to look into the issue. A team of 23 United States lawmakers, led by Jared Huffman, has requested that the United States Environmental Protection … Read more

U.S. Representative Introduces Bill To Privatize Louisiana’s Mining Power Zones

As more government agencies become aware of the numerous potential that cryptocurrency mining could offer to their respective regions, a member of the United States House of Representatives has attempted to bring these economic benefits to Louisiana. Wright Presents Bill To Establish Energy Zones For Crypto Miners Mark Wright, a crypto enthusiast and Rep. for … Read more

Argentinian Community Invests In Cryptocurrency Mining To Combat Inflation And Repair Infrastructure

A community in Argentina has chosen to invest in the crypto industry by going into mining cryptocurrency. The primary purpose of this decision is that it plans to use the revenue generated from the mining to upgrade its infrastructure and combat inflation. The city of Sorradino, located in the Santa Fe Province in Argentina, might … Read more

Crypto Strives For Validity In Africa Amidst Its Increasing Usage

Africa is witnessing a tremendous increase in cryptocurrency usage, but the regulatory framework continues to be a significant impediment. Blockchain analytics company, Chainalysis, reports that Cryptomania is overtaking Africa at a quicker rate than anyplace else in the globe, with trading volumes increasing by 1,200 percent between 2020 and 2021, the fastest growth rate globally.  … Read more

A Look Into The Surge In Bitcoin Mining In Norway: What Is Behind The Rise?

Recent research on crypto mining activities in Scandinavia has pointed to the considerable proportion of Bitcoin mining taking place in Norway. The article from Arcane research refers to data gotten from the Cambridge Bitcoin mining metrics revealing the contribution of Norway to Bitcoin’s hash rate, which is at 0/58%. Considering the size of Norway, the … Read more