The debate over proof-of-work mining in the European Parliament has been delayed with energy FUD surrounding Bitcoin mining. The Markets in Crypto-Assets Directive, known as MiCA, was set for vote on February 28th. The agenda was to start negotiations between the body and the Council of the European Union and
China announced an amendment that will allow the courts to jail those found guilty of raising funds via “virtual currency”. China has banned crypto-based fundraising since 2017 and has amended this Criminal Law to increase the punishment to jail sentences which will vary from three years to over ten years
Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro
Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro
The debate over proof-of-work mining in the European Parliament has been delayed with energy FUD surrounding Bitcoin mining. The Markets in Crypto-Assets Directive, known as MiCA, was set for vote on February 28th. The agenda was to start negotiations between the body and the Council of the European Union and
China announced an amendment that will allow the courts to jail those found guilty of raising funds via “virtual currency”. China has banned crypto-based fundraising since 2017 and has amended this Criminal Law to increase the punishment to jail sentences which will vary from three years to over ten years
On Tuesday, the Bitfury Group - one of the world’s leading Bitcoin mining technology companies - announced that they were launching a new mining center in Sarnia, Ontario. The facility is already operational and is expected to reach a capacity of 16MW by the end of February and 28MW
In January, a title listed in the program for the 2022 International Solid State Circuit Conference caught a few eyes in the Bitcoin world. The title was “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC,” and it caught a few eyes because it was being presented by technology giant, Intel.
On February 11th, popular cryptocurrency exchange Coinbase was notified of a possible exploit on their new Advanced Trading platform. The notification came from the pseudonymous white-hat hacker “Tree of Alpha,” who received a $250k bug bounty, the largest ever awarded by Coinbase.
According to a blog posted by Coinbase on
Bitcoin miners are finding creative ways to recycle the heat generated from their equipment. One Netherlands-based mining company - Bitcoin Bloem - has partnered with a Dutch farmer to help heat greenhouses and to cultivate “Bitcoin Flowers.”
Bitcoin Bloem pays for the electricity costs of the miners and provides heat
Hut 8 Mining Corporation Highlights for January 2022
* 2.36 EH/s hash rate
* 308 BTC mined, with an average production rate of 9.93 BTC per day
* 5,826 total BTC held
Hut 8 Mining Corp recently released its January 2022 mining results along with its monthly update. Compared
