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Crypto Mining

Sazmining Targets South America with Sustainable Bitcoin Mining Facility in Paraguay

Sazmining, a hosted Bitcoin mining provider committed to 100% renewable energy, has set its sights on South America with the establishment of a new facility in Paraguay. Slated to commence operations on September 15th, the facility takes advantage of Paraguay's low electricity prices, offering...

Russian Ministry of Energy supports legislation on cryptocurrency mining and calls for taxation

The Russian Ministry of Energy has expressed its support for legislation on cryptocurrency mining and urged lawmakers to move forward in issuing a law related to this matter. The Deputy Minister of Energy emphasized the need to recognize miners as energy consumers and impose...

Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy

Reports indicate that Tether, the company behind a digital currency pegged to the U.S. dollar, is expanding its investments in green Bitcoin mining by partnering with Volcano Energy in El Salvador. Green Bitcoin mining refers to the process of mining the cryptocurrency using renewable...

Marathon Digital’s Software Empowers 77% Surge in Bitcoin Mining Output

Marathon Digital Holdings, a prominent player in the industry, witnessed a significant increase in Bitcoin production during the month of May. This surge, which saw Marathon mining 1245 Bitcoin coins, represents an impressive 77% increase compared to the previous month. The driving factors behind...

An anonymous cryptocurrency miner makes huge profits in bitcoin in one day

A mysterious cryptocurrency prospector who succeeds in extracting more than 1.7 million dollars worth of bitcoin in one day, looks like a new participant in the network. This unknown prospector managed to find many blocks, which aroused the interest of well-known mining companies. He...

Montana Governor signs law to promote cryptocurrency mining

Montana Governor Greg Gianforte has signed a law allowing cryptocurrency mining in industrial areas of the state, with lawmakers aiming to boost investment in the sector and create new employment opportunities. Crypto miners are at risk of unemployment and discrimination from commercial banks, but Montana's...