Bitcoin Miners See High Prices as ‘Opportunity,’ Become Sellers
Bitcoin Miners

Bitcoin Miners See High Prices as ‘Opportunity,’ Become Sellers

Source: Adobe/artiemedvedevBitcoin (BTC) miners have once again turned into net sellers of bitcoin, with miner inventories dropping to levels not seen since early September. However, miners aren’t necessarily turning bearish “en masse,” although some are looking to offload “excess inventory,” according to an analyst.According to the bitcoin data and research platform ByteTree, about 30% more…

Why are miners mining BSV baffled?
Miners Mining

Why are miners mining BSV baffled?

During the first week of the Kleiman v. Wright trial, the hash rate on BSV nearly doubled as SHA-256 miners switched chains to mine at a loss. Source: Coin DanceAs of November 4, 11 a.m. EST, miners could make close to 100% more profits by mining BTC instead: Source: Coin DanceMiners turbo-mining on BSV and…

Bitcoin Miners ARE AVAILABLE Less BTC
Bitcoin Miners

Bitcoin Miners ARE AVAILABLE Less BTC

Bitcoin miners are the most profitable they have been in more than two years, and they’re holding more of their produced bitcoin.Bitcoin miners are the most profitable they have been in more than two years, and they’re holding more of their produced bitcoin.The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s…

Miners should pay a lot more for strength than households, Russia states
Miners Power

Miners should pay a lot more for strength than households, Russia states

As Chinese miners flee the country and reportedly flock to Russia, the country’s Energy Ministry is seeking to charge them more for electricity. The energy minister has proposed imposing higher fees for the block reward miners, a move that would see them recognized as a legitimate business activity. Russia has become an important player in the…

Bitcoin Miners Secure A lot more Nuclear Deals Amid Weather Concerns
Bitcoin Miners

Bitcoin Miners Secure A lot more Nuclear Deals Amid Weather Concerns

Source: Adobe/Daniel PrudekBitcoin (BTC) miners keep on finding ways to use the excess power which would otherwise go wasted – this time shaking hands with operators of struggling, carbon-free nuclear plants.This may be a perfect match as the nuclear power plants need more customers amid rising competition that has cheaper power sources, while Bitcoin miners…

Bitcoin Miners Adapt Quick As EU Mulls Climate-Friendly Cryptoassets
Bitcoin Miners

Bitcoin Miners Adapt Quick As EU Mulls Climate-Friendly Cryptoassets

Source: iStock/AtypeekThe European Commission will work to define standards for “climate-friendly cryptoassets.”Most mining companies in Europe are said to be already focused on mining with only renewable energy.“Cryptocurrency miners are able to adapt much faster as machines can be moved fairly easily.”As the European Union (EU) institutions are advancing their work on the much-discussed Markets…

Bitcoin Miners, GET SUCKED IN
Bitcoin Miners

Bitcoin Miners, GET SUCKED IN

President Joe Biden has called for major clean energy investments as a way to curb climate change and generate jobs. On Sept. 8, 2021, the White House released a report produced by the US Department of Energy that found that solar power could generate up to 45% of the US electricity supply by 2050, compared…

BTC miners will undoubtedly be take off from power inside parts Chinas Yunnan
Miners Power

BTC miners will undoubtedly be take off from power inside parts Chinas Yunnan

Officials in Yingjiang County are reportedly following up on early strict warnings to block reward miners operating illegally to halt operations within the region. These moves are the latest in Chinese authorities executing their crackdown on block reward mining in the country. A report on Chinese social media by IT House claimed that digital currency…

Bitcoin Miners Consider Relocating to Paraguay Inside Wake of China Ban
Bitcoin Miners

Bitcoin Miners Consider Relocating to Paraguay Inside Wake of China Ban

As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to Paraguay, home to abundant hydroelectric energy.As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to Paraguay in the wake of the country’s crackdown on its domestic industry. Estimates suggest this migration…

Miners are being switched off: TAAL COO Lars Jorgensen talks Chinas ban and BSV energy efficiency
Miners turned

Miners are being switched off: TAAL COO Lars Jorgensen talks Chinas ban and BSV energy efficiency

Home » Interviews » ‘Miners are being turned off’: TAAL COO Lars Jorgensen talks China’s ban and BSV energy efficiency China, the country that houses majority of the hashrate supporting digital currency networks, wants all block reward miners out of the country. The government crackdown has forced miners to leave China and find a new…