Bitcoin Mining
Foundry Exec on Crypto Mining Industry Outlook
Foundry SVP of Mining Strategy Kevin Zhang shares insights into the state of bitcoin mining operations in New York, China, and Kazakhstan, and their impact on the global mining industry.
Bitcoin Hashrate Falls; Australia’s Crypto Future
Bitcoin mining hashrate, difficulty drop since crypto crash. Experts weigh in on what Australia’s new Labor government means for the crypto sector. Marieke Flament of NEAR Foundation talks on Davos and blockchain’s role in a challenging world. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Could Bitcoin Extend its 7-Week Losing Streak?
Bitcoin is poised to extend its losing streak to a record eight weeks. "All About Bitcoin's" Week in Review panel discusses this week's biggest bitcoin news, including the Fed's hawkish remarks, bitcoin dominance soaring to 7-month highs, price levels to watch, the Terra crash and bitcoin mining.
Bitcoin Miners Giving Up on New York Amid Regulatory Uncertainty
New York’s bitcoin mining companies are increasingly considering abandoning their aspirations in what was once a promised land. This comes as the state’s Senate considers a bill to ban new mining projects that use carbon-based energy sources, pending a review of the industry’s environmental impact.
Bitcoin Mining Appears to Have Survived Ban in China
China, once the world’s second largest crypto miner, has re-emerged as a major bitcoin mining hub despite last year’s ban. According to the Cambridge Centre for Alternative Finance (CCAF), miners have engaged in underground activity in the country.
US Small Towns vs. Crypto Miners: The Plattsburgh, NY Case Study
Plattsburgh, New York made headlines in 2018 when it became the first U.S. city to temporarily ban crypto mining. The moratorium was lifted ahead of schedule. CoinDesk traveled to the North Country to speak with local residents and public officials and get a firsthand look at how the city known for its dirt-cheap electricity is grappling with having cryptocurrency mining operators in their community. Doreen Wang reports.
NuMiner's 'Best in Class' Bitcoin Mining Rig Raises Red Flags
Many in the mining industry raised eyebrows when a previously unknown company, NuMiner, claimed to have created a bitcoin mining rig far superior to the industry standard. "The Hash" crew discuss the many new questions around the story, which Will Foxley says illustrates "this part of the industry still needing more maturation."
Miners Offloading Holdings Could Have Contributed to Bitcoin’s Fall to $33K
Data from multiple sources show bitcoin miners sold part of their holdings over the past 30 days after months of accumulation. The weekend’s sale was the first for 2022 after a previous selling period in November, which could have contributed to a decline in bitcoin prices near $32,000. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.