Mining


Markets

Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

Electricity pylon

Markets

WATCH: Inside a Siberian Crypto Mining Complex

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

Screenshot 2019-09-25 09.05.34

Markets

MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge

The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter.

MicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.

Markets

Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine

Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet.

A crypto mining rig

Markets

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

Ilya Bruman, CEO of Minery. (Photo by Anna Baydakova for CoinDesk)

Markets

Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia

Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold.

ice, cave

Markets

Litecoin's Mining Power Has Fallen 28% Since Its Halving

Mining power on the litecoin network has dropped by 28 percent since its recent "halving" event as miners struggle for profit.

LTC BTC

Markets

Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China

A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations.

mud, slide

Markets

New Malware Miner Sneakily Hides When Task Manager Is Open

Meet "Norman" – a new variant of monero-mining malware that employs crafty tricks to avoid being spotted.

cat in a box

Markets

Crypto Miner Company CoinMine Scores $2.5 Million in Seed Round

The round was led by M13 Ventures, Republic Labs, Gumi Crypto and an early Uber investor Shervin Pishevar.

Coinmine One courtesy of Coinmine.