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Tag: Mining

Riot Blockchain earns millions in credits by cutting energy use during Texas heat wave

American Bitcoin mining firm Riot Blockchain earned an estimated US$9.5 million in power credits in July as it reduced energy consumption and mined fewer...

Bitcoin miner Bitfarms expanded power capacity to 166 megawatts in July

Bitcoin miner Bitfarms increased its energy capacity to 166 megawatts in July — up 21% from June 30 — after finishing the second phase...

Bitcoin Miners Could Start Coming Back Soon

Bitcoin miners could start coming back soon, as early as August, and difficulty is already preparing to increase. Although Bitcoin (BTC) miners have been giving...

Bitcoin Mining Isn’t Wasteful — It Creates Abundance

The mainstream media mistakenly portray bitcoin mining as wasteful. Nothing could be further from the truth. Bitcoin mining provides an economic bid for otherwise...

Will the Bitcoin mining business collapse? Analysts clarify why disaster is admittedly alternative

Bitcoin mining entails a fragile stability between a number of transferring components. Miners already should face capital and operational prices, sudden repairs, product transport...

Bitcoin mining — What are the true climate change risks?

The European Central Bank (ECB) published a report on July 14 that covered many points related to Bitcoin and Ethereum mining, including energy consumption...

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts...

‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report

New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022.According to a mid-year update...

Good offsets, bad offsets: A guide for the commodities sector

Cutting global emissions is urgent. High-polluting industries must reduce their carbon footprints at scale, and fast.  Every business and financial institution in the supply chain...

High Fuel Prices and Logistics: Actions Companies Can Take to Mitigate the Impact

As if transportation and logistics executives didn’t already have enough challenges to deal with, high fuel prices have been added to their plate. As...

Not just Bitcoin price: Factors affecting BTC miner profitability

The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.Closely...

Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March – Mining Bitcoin News

On July 21, 2022, at 2:14 p.m. (ET) at block level 745,920, Bitcoin’s mining trouble dropped by 5.01% outperforming the last two age changes....

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