Mining
Iran May Fund Car Imports With Cryptocurrency Mining
An Iranian free trade zone is proposing locally mined cryptocurrency might be a way to fund car imports.
Argo's H1 Revenue Soars but Profits Drop as Bitcoin's Halving Boosts Mining Costs
Argo Blockchain has reported a near quadrupling in revenue even as capital depreciation led pre-tax profits to slide by 45%.
Russia's Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms.
Russia's Crypto Mining Farms Would Have to Report to Government Under Proposed Bill
Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk.
DCG to Invest $100M in Bitcoin Mining Venture
Blockchain investment firm Digital Currency Group has branched into the bitcoin mining industry though a subsidiary called Foundry.
Bitcoin Mining Facility With Room for 50,000 Rigs Set to Launch in Kazakhstan
The 180-megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September.
Nvidia Accused of Trying to Discredit Ex-Employee in Crypto Mining Revenue Trial
Investors suing Nvidia have opposed a motion from the U.S. chipmaker that would shut out the testimony from an ex-employee.
Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs
The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.
Daily Profitability for Ethereum Miners Hits Over 2-Year High
The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency.
Is Bitcoin Mining Legal in India? Miners Still Don't Know
Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal.
