Mining


Finance

Kazakhstan’s Hashrate Drops as Internet Blackout Persists

The outage comes amid mass protests in the world’s second-biggest crypto mining country.

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Policy

US Congress to Hold Oversight Hearing on Crypto Mining: Report

Lawmakers will look at mining’s effect on the environment.

The U.S. Capitol in Washington D.C. (Darren Halstead/Unsplash)

Finance

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.

OMSK, RUSSIA - NOVEMBER,7, (RUSSIA OUT) Kazakh President Kassym-Jomart Tokayev speeches during the Russian-Kazakh Regional Forum in Omsk, Russia, on  November 7, 2019. Vladimir Putin is having a one-day trip to Siberian city of Omsk to attend Russian-Kazakh talks. (Photo by Mikhail Svetlov/Getty Images)

Finance

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.

Cryptocurrency mining machines

Finance

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.

Hut 8 plant

Finance

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.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

German Miner Northern Data’s Shares Jump Following Operational Update

The company produced 227 bitcoins and 5,740 ether in December alone.

Crypto mining rig

Policy

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.

Kosovo's capital, Pristina. (Leonhard Niederwimmer/Pixabay)

Finance

ASIC Maker Canaan Signs Multiple Deals for Expansion in Kazakhstan

Canaan had 10,300 AvalonMiner units in operation in Kazakhstan as of Dec. 31.

Astana, Kazakhstan

Tech

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.

Bitcoin mining equipment