Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. …
Mining
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In a latest development, – CleanSpark Inc, America’s Bitcoin Miner announced a significant milestone, achieving over 10,000 bitcoins in its treasury, all …
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Mining
Thai authorities unplug Bitcoin mine that stole millions of baht in electricity
by shayaanby shayaanThailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of …
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Canaan, a bitcoin application-specific integrated circuit (ASIC) mining rig manufacturer, unveiled the Avalon Mini 3 and Avalon Nano 3S, bitcoin mining devices …
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Crypto mining farms are large setups where digital currencies are created. Mining is how new coins enter circulation, with Bitcoin being the …
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Mining
Hut 8 Targets the Intersection of Energy and Technology, Says CEO Asher Genoot
by shayaanby shayaanAsher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with …
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Bitcoin miner manufacturer Canaan has introduced the Avalon Mini 3 and Nano 3S, rigs that mine crypto while also doubling as home …
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Mining
Inside Bitcoin Mining’s 2024 Revolution: Report Reveals Triumphs and Trials
by shayaanby shayaanThe 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Core Scientific got a lot of attention in …
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Mining
How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines
by shayaanby shayaanLandlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second most populous …