The9 to acquire the “green” mining company Montcrypto
The Nasdaq-listed company The9 has signed a deal to acquire the green mining company Montcrypto, according to the press release.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
The9 to acquire the “green” mining company Montcrypto
The Nasdaq-listed company The9 has signed a deal to acquire the green mining company Montcrypto, according to the press release.
Green-focused Gryphon Digital Mining to go public via reverse merger
Gryphon Digital Mining, a mining company fully oriented toward renewable energy, will go public through a reverse merger with Sphere 3D. Gryphon Digital Mining, @GryphonMining, our 100% renewable, ESG-committed Bitcoin miner, reached a merger agreement to go public on Nasdaq! Proud to lead the charge in building sustainable digital asset infrastructure…
Kazakhstan explains rationale for extra mining levy
The introduction of an additional charge on electricity used for cryptocurrency mining would “bring out of the shadows those miners operating in the grey area.” This was stated by Bagdat Musin, Kazakhstan’s minister of digital development, innovations and aerospace industry.
Sichuan authorities meet local miners in a positive mood
A seminar organised by Sichuan's provincial regulator and the local branch of the State Grid Corporation with local miners unfolded in a cordial atmosphere, with no resolutions adopted. According to Cryptonews.
Norton to Offer Secure Ethereum Mining
Security software maker NortonLifeLock announced the launch of Norton™ Crypto. The service will allow users to mine Ethereum easily and securely within the Norton™ 360 platform.
Ethereum miners’ May revenue hits a record $2.39 billion
Total Ethereum miner revenue in May surged 45% to $2.39 billion, the first time surpassing Bitcoin's ecosystem metric.
Turkish central bank criticises Bitcoin for its environmental impact
The Central Bank of the Republic of Turkey presented to Parliament a report detailing its views on cryptocurrencies.
Opinion: A mining ban in China would improve Bitcoin mining’s environmental footprint
Hydropower, geothermal, solar and wind energy already provide a significant share of Bitcoin's hash rate, and a possible mining ban in China would reduce its coal-based component. This view was voiced by Daniel Frumkin of Braiins.
Daymak to release a lightweight electric car with mining option while parked
The Canadian maker of personal lightweight electric vehicles Daymak announced the release of the Spiritus model from 2023. The car will incorporate Daymak Nebula technology, cryptocurrency mining infrastructure, node software, and a wallet.
Overseas customers accounted for 78% of Canaan’s revenue
During January–March 2021, the revenue of the Chinese mining equipment maker Canaan Creative rose 5.9x year-over-year to 402.8 million yuan ($61.5 million). The share of overseas device sales rose from 4.9% to 78.4%, according to the financial report.We use cookies to improve the quality of our service.
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