Bitcoin Mining
China's Bitcoin Mining Share Was in Decline Even Before Crackdown
China's share of mining slid to 46% in April 2021 from 75% in September 2019.
Compass Mining Inks Multi-Year Deal With Nuclear Fission Startup Oklo for Clean Energy
Compass Mining has signed a 20-year deal with nuclear fission firm Oklo to supply the bitcoin mining company with clean and cheap energy. “The Hash” panel discusses the novel twist on clean sources of power as the industry seeks solutions to its environmental challenges.
Bitcoin Mining Firm Compass Inks Deal With Nuclear Microreactor Company Oklo
Salvadoran volcanoes aren't the only novel source of power in the bitcoin mining industry.
3 More Chinese Provinces Shutter Crypto Mines as Clampdown Continues
Henan, Gansu, and Anhui provinces are the latest provinces to crack down on crypto mines to curtail energy use.
State of Bitcoin Mining in China as Crackdown Continues
Kevin Zhang, Foundry VP of Business Development, explains the history of China’s crackdowns on cryptocurrencies and mining operations from 2017 to where we are now. “The most recent crackdowns are the hardest we’ve ever seen,” Zhang said miners are headed to Eastern European and Central Asia. But could they return?
Abkhazia to Punish Public Officials for Illegal Crypto Mining: Report
"District and town majors, you should make your own decisions and, whenever you find a mining farm, fire or reprimand the head of that village," the nation's president said.
BIT Mining Raises $50M in Private Placement to Expand Overseas
BIT Mining's operations in China's Sichuan province were suspended last month as part of the country's crackdown on crypto.
Chinese Miner The9 Reserves Facilities From Russia's BitRiver
Facing regulatory pressure at home, The9 is looking to locate elsewhere.
Why Crypto Miners Are Expanding Beyond Quebec
Two large bitcoin miners are growing beyond Quebec because of restrictions on the use of power to run their operations.
Why China’s Crypto Mining Ban Is More Serious Than Before
Industry leaders say China's carbon neutrality policy is a key factor in the recent mining crackdowns, according to CoinDesk's David Pan. "The Hash" hosts discuss the deeper motivations for China's ban on crypto mining. "Fear factor definitely has a play in how hard they're clamping down on [mining]," host Naomi Brockwell said.
