Cryptocurrency Mining Bill Dies Down After New York Union ‘Opposes’
Bitcoin Mining Cryptocurrency Mining Bill Dies Down After New York Union ‘Opposes’ In its memorandum of opposition, the union said New York “should be embracing”...
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Bill banning crypto mining for 3 years dies in NY state assembly
A bill which would have required miners in New York to halt operations for three years as part of an apparent effort to slow the...
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Unions shoot down New York’s crypto mining moratorium, for now at least
A bill that would put a three-year moratorium on cryptocurrency mining in New York has died in the lower house of the U.S. state’s legislature....
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Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report
Chinese province Yunnan is gearing up to outright ban crypto mining in response to similar moves by Qinghai, Xinjiang, and Inner Mongolia. China continues its...
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Bitcoin Miners Win Reprieve as New York Lets Anti-Mining Bill Die
In brief Legislators framed the bill around environmental concerns. The legislative session ran out before the Assembly could vote on it. New York state’s legislative...
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Yunnan Province in China Expected to Ban Bitcoin Mining: Report
In brief According to crypto mining firm BTC.top, the Chinese province of Yunnan will soon ban Bitcoin mining. China has been cracking down on Bitcoin...
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Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?
El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U.S dollar....
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Iran Introduces Legal Framework for Crypto Despite Ongoing Mining Ban
This week the Iranian government released a statement regarding the need for a legal framework for crypto activities within the country. The President, Hassan Rouhani,...
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Iran confiscates bitcoin mining farms
Last week, Iran confiscated about three thousand bitcoin mining machines. In fact, a few weeks ago, the country had issued a temporary total ban on...
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Elon Musk With No Role in Bitcoin Mining Council, Michael Saylor Will Be a Key Member
A few weeks after saying the meeting with the US-based miners was “promising,” it was revealed that Elon Musk will have no actual role in...
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Bitcoin Mining Technology Luxor Completed $5M Series A Funding Led by NYDIG
Seattle-based cryptocurrency mining software technology company- Luxor announced Wednesday a Series A funding completed with a total value of $5 million. It is reported that the financing...
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Bitcoin Mining Council unveils details, confirms Elon Musk has ‘no role’
The Bitcoin Mining Council made a formal debut on Thursday as the debate regarding the environmental impact of the digital asset intensifies. The Bitcoin Mining...
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New York Senate Gives Moratorium on Bitcoin Mining Operations Per Climate Change Concerns
The New York Senators are moving to relax the terms of the earlier proposed Bitcoin and cryptocurrency mining ban. According to the bill which has...
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‘Green mining’ crypto Chia Network causes HDD revenues to skyrocket by 240%
Growing demand for hard and disk drives has been recorded ever since the appearance of the “green” cryptocurrency Chia (XCH), which utilizes spare storage space...
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Elon Musk Will Have ‘No Role’ in Bitcoin Mining Council
In brief Elon Musk will not play a formal role in the Bitcoin Mining Council, the group clarified today. Musk initially teased the group’s formation...
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Biggest Renewable-Powered Crypto Mining Data Center Planned for Texas
Manhattan Solar Partners, LLC has announced plans to construct the biggest renewable-powered cryptocurrency mining data center in the USA. In a joint venture with BIT5IVE,...
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Who Needs Coal When You Have Cow Dung? Cryptocurrency Mining Goes Brown
Proof-of-Work (PoW) cryptocurrency mining has been the subject of bad press in recent times. Critics argue that excessive energy consumption, and its use of fossil...
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El Salvador Will Use Its Volcanoes To Power Bitcoin Mining Facilities
When it comes to Bitcoin, the president of El Salvador does not know what it means to go slow. Over the weekend, he announced that...
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Proposed New York Bitcoin mining ban watered down to allow green projects
A proposed crypto mining ban calling for a forced three-year hiatus on all mining operations in New York has been watered down — and will...
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Employee Found Mining Ethereum Beneath Seoul’s Premier Opera House
Seoul Arts Center, Source: Wikipedia/Oskar Alexanderson An employee at South Korea’s most prestigious arts center and opera house – the Seoul Arts Center, in the...
