Marathon Digital introduced the Anduro platform based on the Bitcoin blockchain

Mining company from Florida Marathon Digital presented the Anduro platform created on the basis of the Bitcoin blockchain. The creators assure that Anduro will be the safest and most reliable platform for developing sidechains. For sidechains on the Anduro platform, me ...

Osman Kabaloev: The mined cryptocurrency can be spent on imported goods

The head of the department of financial policy of the Ministry of Finance said that Russia will finally adopt a law on mining, allowing the use of mined cryptocurrency to purchase goods abroad. Osman Kabaloev, speaking before the International Chamber of Commerce (ICC ...

Hut8 will build a Bitcoin mining farm in Texas

Miami-based fintech company Hut 8 announced that it will build a mining rig with a hashrate of 3.6 EH/s in Culberson County, Texas. Building the 63 MW facility on its own will cost the company 40% less than buying it, said Hut 8 chief executive Asher Genuth. It ...

Mining equipment thieves detained in Irkutsk

The owner of a car repair shop contacted the Irkutsk police at the end of December 2023.. The complainant said that someone had stolen equipment for mining virtual assets from his workshop. After the identities of the suspects were established, operational search activ ...

Texas Blockchain Council and Riot Platforms Sue US Department of Energy

The Texas Blockchain Council and cryptocurrency mining company Riot Platforms filed a lawsuit against the U.S. Department of Energy and Office of Management and Budget in the U.S. District Court for the Western District of Texas. Texas Blockchain Council and Riot Platf ...

Bitcoin mining difficulty exceeds 80 trillion hashes for the first time

On February 16, there was a significant development in Bitcoin mining as the difficulty reached an all-time high of over 80 trillion hashes. This marks an increase of 8.24% in just two weeks, with the total figure reaching 81.72 trillion hashes. Bitcoin mining difficult ...

The Ethiopian government will invest $250 million in the development of Bitcoin mining

The Ethiopian authorities have announced a groundbreaking plan to invest a whopping $250 million in developing infrastructure for bitcoin mining and educating their citizens in digital technologies. This visionary move comes as the government signed an agreement with Data Center ...

In Dagestan, 16 cases of electricity theft were identified in 2023

PJSC Rosseti Northern Caucasus has released a report stating that the total amount of unaccounted electricity consumed by miners in the North Caucasus region exceeded 22.5 million kWh by the end of 2023.According to Dagenergo, the North Caucasus branch, the Republic of ...

Riot Platforms plans to launch a 400 MW mining farm in Texas

An exciting development is taking place in the world of cryptocurrency as Riot Platforms, an American company headquartered in Colorado, prepares to launch a state-of-the-art bitcoin mining farm in Texas. Set to commence operations in March, the initial phase will boast an impre ...

Chinese mining companies are expanding their business in Ethiopia

Chinese companies have identified Ethiopia as a strategic destination for investment and the establishment of large-scale bitcoin mining operations, according to sources from Bloomberg. The legalization of bitcoin mining in Ethiopia in 2022 has opened up new opportunities for fo ...