Mining


Finance

Chinese Agency Reinstates Goal to Phase Out Crypto Mining Industry

The move comes almost two years after the agency quietly removed crypto mining from the list of industries to be eliminated.

Crypto mining machines. (lmstockwork/Shutterstock)

Finance

Core Scientific to Build 300MW Blockchain Data Center in Texas

The new data center will increase Core’s total power capacity to more than 800MW.

(Chris McLoughlin/Moment/Getty Images)

Videos

The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban

Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.

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Policy

Link Global Faces $7.1M Fine From Alberta Utilities Regulator: Report

The regulator wants Link Global to pay almost $2 million for alleged economic gains from generating electricity and more than $5 million for gains from mining bitcoin.

Máquinas de minería de bitcoin (Shutterstock)

Finance

Sino-Global Forms Venture to Develop New Bitcoin Mining Machine

The joint venture with Highsharp will develop and commercialize a proprietary bitcoin mining machine named “Thor.”

Lately, Thorchain has had to battle with attackers everywhere.

Videos

Crypto Community Continues Reacting to China’s Sweeping Crypto Ban

With continuing fallout from China, CoinDesk’s Christie Harkin reviews the week’s events out of China that potentially impacted the price of bitcoin and the wider crypto market.

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Policy

El Salvador Mines First Bitcoin With Volcanic Energy

Almost 22% of the country’s power market is geothermal.

volcano

Videos

El Salvador Mines First Bitcoin With Volcanic Energy

“The Hash” team reacts to El Salvador President Nayib Bukele, revealing the country has officially mined the first bitcoin using volcanic energy. With almost 22% of the country’s energy supply coming from geothermal sources, could El Salvador provide an answer to the hunt for a reliable, clean energy source to power bitcoin mining?

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Finance

Bitfarms’ Bitcoin Production Increases on New Mining Equipment

The company mined 1,050 bitcoins in the third quarter, up 38% from the second quarter.

Technicians monitor cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec, Canada, on Thursday, July 26, 2018. Bitcoin has rallied more than 30 percent in July, shrugging off security and regulatory concerns that have plagued the virtual currency for much of this year. Photographer: James MacDonald/Bloomberg via Getty Images

Videos

China’s Energy Crunch Cutting Manufacturing Capacity, Potentially Related to Crypto Ban

Chinese factories are struggling with an energy crisis brewing in the country. Some speculate this could provide a clue to China’s crackdowns on crypto mining operations this summer. “The Hash” team discusses the latest blow to the state of the world’s second-biggest economy and its possible role in the central government’s crypto ban.

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