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According to the Hashrate Index, public mining companies collectively owe more than $4 billion. The largest debt is due to Core Scientific, Marathon and Greenridge Generation.
December
30
2022
February
19
2022
Mining company BIT Mining Limited has abandoned plans to build a data center for mining cryptocurrencies in Kazakhstan due to problems with energy supply in the country. This is stated in the company's documents.
It is reported that the company's equipment located at other sites in the country will continue to operate in the country.
February
19
2022
In January 2022, bitcoin miners earned 20% less than their colleagues engaged in Ethereum mining
January turned out to be a difficult month for bitcoin miners. According to a BeInCrypto study, they earned $1.2 billion in a month. Although the figures seem impressive, total revenue for the month decreased by $220 million compared to December 2021 — a drop of 15%.
February
19
2022
It looks like Georgia will be the last US state to consider potential tax breaks for cryptocurrency miners.
Georgia House Bill 1342, introduced on February 14, aims to "exempt from the sale or use of electricity used for commercial mining of digital assets." It was introduced by a quintet of Republican deputies.
February
19
2022
The CEO of one of the largest manufacturers of Intel chips, Pat Gelsinger, in an interview with Bloomberg Technology, criticized the first crypto currency for its impact on the environment.
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