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Mining
Kazakhstan’s Hashrate Drops as Internet Blackout Persists
The outage comes amid mass protests in the world’s second-biggest crypto mining country.

US Congress to Hold Oversight Hearing on Crypto Mining: Report
Lawmakers will look at mining’s effect on the environment.

Kazakh Bitcoin Mining Seen Hurt Following Energy Riots, Internet Shutdown
Protesters stormed public buildings on Wednesday, which was followed by the announcement of a possible dissolution of parliament.

Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in 2021
As of the end of the year, Core Scientific held 5,296 BTC worth roughly $248 million.

Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve
The miner plans to reach 3.35 EH/s of hashrate by the end of Q1 2022.

Shares of Crypto Miner Riot Blockchain Jump 7% After Cantor Starts Coverage
The broker said that the firm is uniquely positioned to gain market share in the bitcoin mining sector.

German Miner Northern Data’s Shares Jump Following Operational Update
The company produced 227 bitcoins and 5,740 ether in December alone.

Kosovo Moves to Ban Crypto Mining in Face of Energy Crisis
The government had declared a 60-day state of emergency, allowing it to allocate more money for energy imports and introduce power cuts.

ASIC Maker Canaan Signs Multiple Deals for Expansion in Kazakhstan
Canaan had 10,300 AvalonMiner units in operation in Kazakhstan as of Dec. 31.

Bitcoin Hashrate Mints New All-Time Highs
The metric has fully recovered after a plunge in mid-2021 as the Chinese government clamped down on local miners.
