Arkansas recently joined a growing list of U.S. states regulating Bitcoin mining by passing the Arkansas Data Centers Act of 2023. The bill, now awaiting the governor’s final approval, aims to establish guidelines for miners while safeguarding them from discriminatory…
Solo Bitcoin Miner Hits the Jackpot with $153,000 Reward
A lucky solo miner has struck gold by solving a Bitcoin block, receiving a reward of 6.25 BTC, or about $153,000. This happened on March 11, 2023, when the anonymous miner mined block 764,133, which was one of the largest…
Green Revolution in Cryptocurrency Mining: International Energy Agency Proposes Mandatory Carbon Emissions Reporting
Cryptocurrency miners may soon be required to report their carbon emissions as part of a wider push towards greater sustainability in the industry. This article explores the reasons behind the proposed regulation, the potential impact on the mining industry, and…
Layer1, an American start-up raises $50 million from billionaire Peter Thiel for Bitcoin mining in Texas
Layer1, an American start-up plans to build a giant hub for Bitcoin mining in Texas. The company has raised $50 million from billionaire Peter Thiel.
A new Intel blockchain patent proposes to make Bitcoin mining more efficient
Bitcoin mining is a computation-intensive operation that also incurs a high electricity cost. A new Intel blockchain patent proposes to use hardware accelerator to reduce this energy cost.
Report: Iceland Plans to Pump the Brakes on Bitcoin Mining
The tiny European country of Iceland has been a haven for Bitcoin mining, for almost a decade now since the whole crypto craze became a thing. The tiny island nation is sadly planning to slow down crypto mining processes in…