Tag: mining

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Posted in Crypto Update

Bitcoin mining researchers claim new tech ups winning hash chance by 260%

Quantum Blockchain Technologies (QBT), a research company based in the United Kingdom, has developed artificial intelligence-powered algorithms…

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Posted in Crypto Update

Lobby group to dispel crypto mining misconceptions in DC, says founder

The United States crypto mining industry is getting a new lobbying group, with one of its biggest…

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Posted in Crypto Update

Mining service provider faces $100M lawsuit over pyramid scheme allegations in China

Five executives from a Filecoin mining service are facing a lawsuit at the People’s Court of Pingan…

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Posted in Crypto Update

Hut 8 grapples with revenue fall, Bitcoin mining output in challenging Q2 2023

Hut 8 Mining Corp, the U.S. digital asset mining company, has released its financial results for Q2…

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Posted in Crypto Update

Hut 8 Mining eyes expansion to boost capacity as energy supplier faces insolvency,

Hut 8 Mining announced that it is prepared to acquire assets from Validus Power Corp. as the…

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Posted in Crypto Update

63% renewable energy used by Bitcoin Mining Council making up 43% of global mining network

The Bitcoin Mining Council (BMC) reported significant strides in sustainable power usage and technological efficiency in Bitcoin…

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Posted in Crypto Update

Tether unveils mining software to boost efficiency and capacity

The developers at Tether are in the process of preparing the release of innovative JavaScript libraries. These…

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Posted in Crypto Update

KuCoin suspends Bitcoin, Litecoin mining amid shifting strategy and layoff rumors

According to an Aug. 2 statement, KuCoin plans to suspend its Bitcoin (BTC) and Litecoin (LTC) mining…

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Posted in Crypto Update

KuCoin suspends Bitcoin and Litecoin mining pools

KuCoin’s Bitcoin (BTC) and Litecoin (LTC) mining pools will be suspended from 16:00:00 on Aug. 15, 2023…

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Posted in Crypto Update

Hydropowered crypto mining gets nod from Kyrgyz president: Report

The Kyrgyz Republic, a central Asian state bordering China, is reportedly growing its cryptocurrency mining powers with…