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China province cuts power from 26 bitcoin mining farms

China province cuts power from 26 bitcoin mining farms

Chinese authorities in Sichuan province forced energy distributors in the region to cut the supply for 26 bitcoin mining farms on Thursday (18), according to information from The Block. Mining companies had to turn off their machines to undergo an inspection that should last until

Bitcoin mining council was launched and Elon Musk is out of it

Bitcoin mining council was launched and Elon Musk is out of it

MicroStrategy CEO Michael Saylor announced on Thursday the Bitcoin Mining Council (BMC), an organization that was created to promote transparency in energy use and accelerate sustainability initiatives around the world. Elon Musk, who last month participated in the meeting that resulted in the formation of

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MSI reveals two models of CMP 30HX to mine cryptocurrencies

After the announcement of Nvidia’s CMP (Cryptocurrency Mining Processor) card, intended for cryptocurrency mining, several brands have already launched their customized versions. Gigabyte and Asus are two examples of brands that have already revealed their copies. Now two more models have been unveiled, this time

Bitcoin mining already consumes more energy than Argentina

Bitcoin mining already consumes more energy than Argentina

According to Cambridge University, global Bitcoin mining operations already consume more energy than the whole Argentina. Mining is the process of creating cryptocurrency. The method is energetically demanding, since it is done using computer components that consume a lot of electricity, as is the case

Bitcoin miners had a $1.7 billion revenue in April

Bitcoin miners had a $1.7 billion revenue in April

According to data published on Saturday (1st) by The Block Crypto Website, bitcoin miners generated $1.7 billion in revenue in April. It is the second largest volume registered so far, second only to March 2021, when the activity generated $1.75 billion, an amount 2.86% higher