Mining

us.-department-of-energy-agrees-to-stop-gathering-information-on-crypto-mining-following-lawsuit
Posted by | March 3, 2024
U.S. Department of Energy Agrees To Stop Gathering Information on Crypto Mining Following Lawsuit

The U.S. Department of Energy (DOE) is agreeing to stop gathering data about the energy usage rates of crypto mining firms. In a new court filing, the Energy Information Administration...

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crypto-miners-still-selling-their-bitcoin-as-reward-halving-looms,-blockchain-data-show
Posted by | February 29, 2024
Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show

The number of BTC held in wallets tied to crypto miners has declined by 8,426 this year, extending the slide that began in October. Impending reward halving and the dry...

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us.-doe-halts-survey-of-crypto-mining-energy-use-after-lawsuit-from-riot-and-texas-blockchain-council:-report
Posted by | February 26, 2024
U.S. DOE Halts Survey of Crypto Mining Energy Use After Lawsuit From Riot and Texas Blockchain Council: Report

The U.S. Department of Energy (DOE) is reportedly stopping its survey on crypto mining energy use after being sued by two firms in the industry. According to a new report...

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texas-blockchain-council,-riot-platforms-sue-dept.-of-energy,-omb-over-‘emergency’-survey
Posted by | February 23, 2024
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over ‘Emergency’ Survey

The Texas Blockchain Council (TBC) and Riot Platforms sued the U.S. Department of Energy for demanding information without giving respondents sufficient notice. If the court does not intervene, the companies...

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Posted by | February 8, 2024
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency

The Energy Information Administration’s (EIA) mandatory emergency survey of electricity consumption data represents the latest in a politically motivated campaign against bitcoin mining, cryptocurrency, and U.S.-led innovation. We believe this...

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Posted by | February 4, 2024
US Government Announces New Probe Into Cryptocurrency Mining Operations in the United States

The U.S. Energy Information Administration (EIA) is announcing that it will be carefully examining crypto mining operations in the country. In a recent press release, the EIA, a statistical and...

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Posted by | February 4, 2024
Crypto Classrooms: US Authorities Charge School Staff In Illegal Campus Mining Scandal

Two high-ranking officials from the Patterson Joint Unified School District in New Jersey face charges for allegedly operating a crypto mining farm on school premises, according to the US Department...

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Posted by | February 1, 2024
Embattled Crypto Lender Celsius Escapes Chapter 11 Bankruptcy, To Distribute $3 Billion in Crypto to Creditors

Troubled crypto lending platform Celsius has avoided Chapter 11 bankruptcy with a plan to pay back its creditors billions of dollars. In a new press release, the embattled crypto firm...

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Posted by | January 25, 2024
Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public

Swan Bitcoin's mining unit expects to raise its computing power by 44% by March. Swan Mining already has more than $100 million in investments and is looking to raise more...

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Posted by | December 29, 2023
Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May

Crypto miners' bitcoin reserves slid to the lowest point since May following a spate of withdrawals this week, in a sign of mounting selling pressure as the largest cryptocurrency posts...

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