New York Governor Signs a Bill to Ban PoW Crypto Mining
On November 22, nearly four months after the state senate passed the PoW moratorium bill, New York City Governor Kathy Hochul officially signed it into...
Tag : bitcoin mining
Is Bitcoin Miner Core Scientific At the Brink of Bankruptcy?
According to recent reports, Bitcoin mining company Core Scientific is mulling over the possibility of filing for bankruptcy as a result of a portion of...
Bitcoin Mining Difficulty Hits A New All-Time High
Bitcoin (BTC) enters a new week with a price that is still below $20,000, a week that is expected to provide investors with the excitement...
White House Criticizes Proof of Work, Pushes For Greener Crypto Mining
According to a White House study, crypto-asset technologies significantly increase greenhouse gas emissions, pollution, noise, and other local consequences, making it difficult for the United...
Bitcoin Suddenly Drops Below $22k as Miners took Profit from Price Increase
The price of bitcoin dropped to below $22,000 on Friday, its lowest level in more than three weeks, as a result of an unexpected crypto...
IOG Presents Ofelimos: A Proof-Of-Useful-Work Consensus Protocol
Input Output Global, Inc. (IOG), the technology firm that is renowned for its engineering and research in blockchain systems, has introduced a revolutionary Proof of...
The New York Senate Passes a Bill to Ban Bitcoin Mining
During an early morning session of the state senate on Friday, New York lawmakers passed a bill banning some types of cryptocurrency mining that use...
Several Parties in Norway Do Not Support the Proposal to Ban Crypto Mining
The majority of Legislators in Norway have rejected a proposal to ban energy-intensive proof-of-work cryptocurrency mining. The prohibition was proposed by the communist Red Party, which...
New York State Could Ban Bitcoin Mining
The New York State Assembly is moving to ban Bitcoin mining operations. This decision will make it the first state in the US to do...
HIVE Blockchain Announces Deal To Buy New Intel ASIC Chips
Bitcoin mining operations are carried out by several companies in a bid to earn BTC blocks. They also eye the rewards and potential profit through...