Mining


Markets

A New Company Claims It’s Opening the Biggest Mining Farm in Russia

MineSpot, a company previously unknown in the crypto mining industry, is opening a 160-megawatt mining venue in Siberia.

MineSpot

Markets

Filecoin Network Upgrade Goes Live, Miners Claim 25% Block Rewards

The mandatory upgrade is the first post-launch upgrade to the Filecoin network.

Juan Benet, Filecoin founder

Policy

FIL Miners Force Filecoin to Speed Up Token Rewards Following Mainnet Launch

Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

Juan Benet, Filecoin founder

Markets

A Russian Company Is Opening a Mining Farm in the Arctic

The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption.

Former nickel smelting plant in Norilsk, Russia

Markets

Riot Buys 2,500 More Bitmain Miners in Latest Fleet Expansion

The publicly traded bitcoin miner aims to quadruple its current hashrate by mid-2021.

A crypto mining farm.

Finance

Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining Stocks

Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.

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Tech

DeFi Has a Front-Running Problem. Sparkpool's Potential Fix Is Launching This Month

Ethereum mining pool Sparkpool will launch its new mining network, Taichi Network, complete with a “private transaction” feature this month.

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Tech

Record $166M Ethereum Fees Last Month Were 6 Times Bigger Than Bitcoin's

Ethereum continues to outpace Bitcoin in transaction fees, with DeFi mania helping push total fees to $166 million last month.

ethereum logo

Finance

DeFi Buzz Drove Record $12M Earnings This Summer, Says Ethereum Miner HIVE Blockchain

The ether miner has reported its best ever quarter, saying that surging interest in DeFi led to bumper transaction fee revenues.

hive

Policy

Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool

The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.

President Nicolas Maduro