[ad_1] Marathon Digital Holdings (NASDAQ:MARA) launched the Middle East’s first large-scale block reward mining operation. First announced in January, the operation is a joint venture between Marathon and Zero Two, a Web3…
Category: block reward mining
Texas cracks down on BTC mining with new bill
[ad_1] Texas could soon stop being one of the most friendly block reward mining jurisdictions in the world with the passing of a new law seeking to crack down on the sector….
US Senate hearing on block reward mining bill praises proof-of-stake and calls for reporting of carbon emissions
[ad_1] This week’s Senate hearings focused on block reward mining in the US debated the benefits of increased disclosure for miners, while witnesses pointed to the real-world impact of mining operations on…
Canaan Q4 revenue drops 80% as demand for block reward miners dips
[ad_1] Block prize mining rig maker Canaan Inc. (NASDAQ:CAN) posted an 80% year-over-year revenue decline in last year’s fourth quarter, the company’s financial results have revealed. This week’s results revealed that the…
Kazakhstan’s new laws limit BTC miners’ energy use, forces them to sell 75% of mined assets
[ad_1] BTC block reward miners in Kazakhstan can no longer mine and store their digital assets. The new law in the Central Asian country will force miners to sell up to 75%…
Bitriver to open 100 MW mining facility following subsidy from Russia
[ad_1] As many jurisdictions around the world prohibit mining of block rewards, Russia incentivized miners to set up operations in the northern region of Siberia. Russia provides subsidies and more than $12…
Mississippi Senate passes new bill seeking to protect block reward miners from discrimination
[ad_1] Mississippi lawmakers have passed legislation to protect digital currency miners after a majority vote on Feb. 9. The Digital Asset Mining Protection Act confers legality on mining activities within the state’s…
BTC miner Hut 8 merges with US Bitcoin Corp. to weather brutal bear market
[ad_1] BTC Hut 8 (NASDAQ:HUT) block reward miner joins US Bitcoin Corp. (USBTC) to form Hut 8 Corp., or New Hut, the two companies have announced. The two rivals will join forces…