Russia May Legalize Crypto Mining by the End of 2022
Anatoly Aksakov last week said the Bank of Russia and the Ministry of Finance agreed on the final version of the bill on the legalization of crypto mining.
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Chinese Miners Control Over 22% of Bitcoin Hashrate
The Cambridge Center for Alternative Finance (CCAF) has found that in spite of the crackdown on mining companies, China still controls more than 22% of the asset’s hashrate.
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Hut 8 Mined 942 BTC in Q1 2022 and Increased its Hash Rate by 27%
In the first quarter of 2022, Canadian mining company Hut 8 Mining generated CAD 53.3 million in revenue.
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Utility Bypasses Mining Limiter on Nvidia GPUs
NiceHash developers have bypassed Nvidia’s mining limiter on parts of the RTX 30 LHR series graphics cards.
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Argo Blockchain Gets $70M Loan from NYDIG to Buy Miners
New York Digital Investment Group (NYDIG) will provide a $70.6 loan to UK-based mining company Argo Blockchain million to acquire equipment for a new data center in Texas.
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Riot Blockchain Announces 1 GW Bitcoin Mining Capacity Expansion
Nasdaq-listed mining company Riot Blockchain has announced it plans to build a 1GW Bitcoin mining facility in Navarro County, Texas.
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Texas City Becomes First in US to Mine Crypto
Fort Worth, a city of Texas, has just become the first US city to start mining Bitcoin at the initiative of its mayor Matty Parker.
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Mining Firm CleanSpark Raises $35 Million
US mining company CleanSpark has raised $35M in debt financing to secure 3,336 new Antminer S19j Pro devices.
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