Crypto Mining


Finance

Hive Strengthens GPU Arsenal With $66M Nvidia Buy

Following China’s recent crackdown on crypto mining, GPUs have dropped in price.

Hive Blockchain Article 66M

Markets

Iran's Ministry of Industry Issues 30 Licenses to Crypto Mining Farms

Tehran's province, which houses the country's capital and center of political power, has received only one license.

Azadi Tower, Tehran

Markets

Prices of GPUs Fall, Supply Increases as China Cracks Down on Crypto Mining

Computer hardware sites are beginning to see GPU stocks come back to pre-pandemic levels while prices have dropped 5%-10%.

Mining farm

Policy

City in China's Sichuan Province Orders Crypto Miners to Shut Down for Inspection: Reports

The news follows forced closures of mining operations elsewhere in China.

The Ziping Pu dam in China's Sichuan province.

Finance

Wattum to Build Kazakhstan Mining Farm in Conjunction With Enegix

The facility will have a capacity of 16 megawatts.

Enegix's mining farm in Kazakhstan

Markets

ASUS Launches RTX 3070 Series Cards With Feature Limiting Ether Mining

LHR is the industry's answer to the global supply shortage of GPUs caused by miners hoping to cash in on bull market fervor.

Graphics card GPUs

Markets

Nasdaq-Listed The9 to Buy Control of Mining Company Montcrypto

Montcrypto aims for a carbon-neutral infrastructure for cryptocurrency mining through the use of natural gas.

Natural gas tanks

Markets

Anti-Virus Service Provider Norton Rolls Out Ether Mining Feature

Miners are subject to a 15% fee of the total crypto sent to their wallets for use of Norton's service.

Software

Finance

Canaan Forecasts Second-Quarter Revenue as High as $250M

The mining equipment maker said total shipments for the second quarter would either maintain or surpass Q1 2021.

mining

Policy

Iran Bans All Crypto Mining for the Summer: Report

Even authorized miners will have to halt operations until late September.

Iranian power lines