Reading Time: < 1 minute Mining pools initiated transactions at the same time that Bitcoin was gaining strength due to the banking crisis in the United States.
Tag: Crypto mining
Cryptocurrency mining
Canada’s Watchdog Approves Merger Between Crypto Miners Hut 8 and US Bitcoin
Reading Time: < 1 minute The Canadian Competition Bureau has stated that it will not challenge the proposed merger between Hut 8 Mining and US Bitcoin.
US to Charge Crypto Miners 30% of Cost of Electricity Consumed
Reading Time: < 1 minute An excise tax for mining companies of 30% of the cost of electricity consumed by equipment will be introduced in stages over the next three years.
PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool
Reading Time: 2 minutes Swanage, United Kingdom, 14th February, 2023, Chainwire UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes…
BlockFi Sells $160M in Loans Backed by Crypto Miners
Reading Time: < 1 minute Crypto lending platform BlockFi is trying to sell about $160 million in loans secured by about 68,000 Bitcoin miners.
Cryptocurrency Miners Are Abandoning Their Holding Strategies
Reading Time: < 1 minute Miners have started to sell the asset in trading floors since the beginning of the month.
Iranian Court Orders Release of Seized Crypto Mining Devices
Reading Time: < 1 minute The country’s authorities have been seizing mining devices over the past 2 years.
Mining Firm Blockware Sued for Improper Hosting Services
Reading Time: < 1 minute Faes & Company has sued mining firm Blockware Solutions for improper hosting services.
Creditors Offer Miner Core Scientific $72M to Save Company
Reading Time: < 1 minute B. Riley Financial has offered Core Scientific $72 million in financing to help the crypto mining company avoid bankruptcy.
