Tags : Miners


Bitcoin (BTC) miners in China plot plans to ‘go inexperienced’

A few of China’s storied Bitcoin miners are planning to make use of extra renewable power sources to energy their expansive mining rigs, native outlet CGTN mentioned in the present day. Chinese language officers mentioned final month they might crackdown on mining farms for his or her excessive energy utilization and huge environmental affect. One […]Read More


Elon Musk says Tesla will resume Bitcoin acceptance if majority

Elon Musk, the CEO of electrical carmaker Tesla, stated at the moment the corporate will reaccept Bitcoin funds for its automobiles offered the vast majority of miners use renewable sources to run their farms. “When there’s affirmation of cheap (~50%) clear power utilization by miners with a optimistic future development, Tesla will resume permitting Bitcoin […]Read More


Bitcoin miners utilizing hydropower requested to proceed in Sichuan

Bitcoin miners in China’s Sichuan province can proceed their operations till September this 12 months, native tech publication TechNode reported right this moment. The transfer comes on the again of latest laws involving stricter crackdown of the exercise. Citing sources who attended a regulatory assembly concerning crypto mines within the area, the report stated that […]Read More


Bitcoin miners revamped $1.4 billion final month, regardless of plunge

Regardless of the market crash, Bitcoin (BTC) miners seem solely marginally affected with lowered revenues in Might, in line with knowledge from analytics device Coin Metrics. Might was daunting for Bitcoin, witnessing a correction of over 50% from it’s all-time excessive above $63.000 in April. The worth correction consequently affected the mining income plunge, softened […]Read More


Bitcoin miners are shutting down Chinese language operations after Vice

Chinese language Bitcoin miners are scrambling to shift or shut operations after the newest spherical of ‘crypto FUD’ initiated by the federal government, a report on information outlet Reuters mentioned in the present day. Ending operations Crypto change Huobi suspended all mining operations this morning (alongside ceasing buying and selling providers for Chinese language customers), […]Read More


Bitcoin Miners Dumping Half A Million BTC Could not Dent

Bitcoin worth continues to be preventing to interrupt again above $60,000 per coin, however issues may push larger in keeping with miner conduct. After dumping greater than a half one million BTC available on the market through the bull rally, and barely having the ability to make a dent by way of worth decline, miners […]Read More


On-chain information reveals Bitcoin miners are HODLers and accumulating

Bitcoin miners are accumulating the asset on the present value vary towards a usually bullish backdrop and rising demand for the world’s largest cryptocurrency by market cap. When miners HODL Information from on-chain analytics platform Glassnode for the ‘Miner Web Place’ metric—which tracks miner addresses to point out inflows/outflows—confirmed most miners had been internet holders […]Read More