Mining
North Carolina county advances temporary crypto mining ban
Officials aims to impose a one-year moratorium and create a standard for land use.
Mike Dalton 2 min read
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Hut8’s Bitcoin production decreased 30% in Q1
Bitcoin Miner Hut 8 said it sold 240 BTC — all the BTC it produced in February and part of the 131 BTC it mined in March
Mining
Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee
The bill passed unanimously, as the community worries it might pass through the Senate and move to the House.
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Marathon Digital mines record 825 BTC in March
The company's unrestricted BTC holdings increased to 11,466 BTC — while unrestricted cash and cash equivalents sit at $124.9 million.
Mining
Bitfarms Q1 Bitcoin production rose 35% to 1,297 BTC YOY
Bitfarms said it sold 394 Bitcoin at an average selling price of $24,700 per BTC for $9.7 million. The firm still holds 435 BTC as of March 31.
Mining
BTC miner TeraWulf grew revenue over 140% in Q4’22
TeraWulf grew its mining operations by adding 110 MW of mining infrastructure — looking to add another 50 MW by the end of Q2'23.
Mining
Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales
Nvidia CTO, Michael Kagan, criticizes cryptocurrencies as not bringing anything useful to society.
Mining
Theories abound as Bitcoin hash rate records unprecedented rise
Hodlonaut asked the community for their take on the 'frightening' rise in Bitcoin hash rate — mining firm CEO responds to alleviate concerns.
Culture
Crypto twitter turns Greenpeace’s attempt to vilify BTC via art piece into meme
The Skull of Satoshi is the latest in Greenpeace's now year-long "Change the code" campaign to vilify Bitcoin by painting it as an environmental hazard.
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Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital
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Bitcoin hashprice drops as miners face possible 30% energy tax
Mining
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
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