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You Searched For "largest bitcoin mining country" and got 20 results


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4 mins read

Illegal mining for cryptocurrencies remains rampant as miners look to maximise profits with cheap electricity

Regular mining and mining for cryptocurrencies may not be the same thing, but they do have somethin…

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3 mins read

Canadian crypto mining company is eyeing Bitcoin worth ₹96.8 crore this month after China’s crypto crackdown

Bitfarms’ total production for the year stands at 1515 Bitcoins right now. The company claim…

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1 min read

One of the world's largest bitcoin miners will shut off thousands of mining rigs tied to bankrupt Celsius as part of the firms' bankruptcy proceedings

One of the world's largest bitcoin miners will shut off over 37,000 mining rigs tied to Celsius as …

Morgan Chittum   


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2 mins read

Bitcoin's halving could force miners to risk operating in cheaper locations with less reliable electrical grids

The CEO of crypto miner Core Scientific anticipates the bitcoin halving to change the mining landsc…

Phil Rosen   


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1 min read

Bitcoin's latest rally puts it on track to hit $150,000 by mid-2025, Bernstein says

As bitcoin soars, Bernstein analysts said they're "more convinced" the token is on its way to hitti…

Yuheng Zhan   


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2 mins read

Bitcoin is about to undergo another 'halving' event. Here's why that could send its price soaring.

Previous halvings have powered the cryptocurrency's price higher because they reduce the supply of …

George Glover   


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2 mins read

Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs

The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…

Emily Graffeo   


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2 mins read

Bitcoin's fair value is zero, and the latest boom will spark 'massive' collateral damage, ECB says

The ECB slammed bitcoin, describing the approval of spot ETFs in the US as "the naked emperor's new…

Yuheng Zhan   


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1 min read

'Act like you're dead': What Anthony Scaramucci tells clients nervous about bitcoin's big swings

The SkyBridge Capital founder told conference attendees that dead investors do better than the livi…

Phil Rosen   


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3 mins read

Cryptocurrencies are being battered by new restrictions in China. Here are 5 visuals illustrating the country's crypto crackdown.

Many observers have been focused on China's toughening stance on bitcoin, but the broader cryptocur…

Ethan Wu   


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1 min read

El Salvador President Nayib Bukele says he will use some of his country's bitcoin profits to build 20 schools

El Salvador will use a "few million" of its bitcoin profits to build 20 schools, President Nayib Bu…

Camomile Shumba   


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1 min read

El Salvador's president says the country has mined its first bitcoin using volcano energy

El Salvador's President Nayib Bukele said the first bitcoin had been mined in the Central American …

Camomile Shumba   


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2 mins read

Texas' power-grid operator is asking crypto miners to power down as the state's electricity system grapples with sky-high temperatures

Texas' power-grid operator, ERCOT, is paying businesses that eat up a lot of energy to shut down &m…

Katie Canales   


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1 min read

El Salvador's President Bukele says the first steps in the country's bitcoin volcano project are underway

Video shared by Bukele shows bitcoin mining rigs being installed near a volcano, after he promised …

Camomile Shumba   


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1 min read

El Salvador's President Bukele says the country purchased $25 million worth of bitcoin after waiting to 'buy the dip' below $60,000

El Salvador has added another 420 bitcoins to its official holdings, according to a tweet by Presid…

Camomile Shumba   


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1 min read

The global computing power of the bitcoin network slides after Kazakhstan shuts down the internet amid violent protests

Hours after Kazakhstan's internet went down, bitcoin's hash rate dropped 12%, Larry Cermak of The B…

Isabelle Lee   


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2 mins read

China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown

A surge in covert mining operations post-ban means China is now the world's second-largest location…

Hamza Fareed Malik   


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1 min read

El Salvador's crypto-loving president says the country will spend $4 million worth of its bitcoin on a pet hospital

El Salvador's President Nayib Bukele said on Sunday some of the country's bitcoin gains would fund …

Camomile Shumba   


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3 mins read

Crypto mining continues to grow despite multiple crackdowns

Crypto mining hashrates have touched all time highs in the past few months, despite concerns around…

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2 mins read

US crypto mining poses a supply risk to public power utilities, according to Fitch Ratings

Crypto mining could pose power supply issues for public power utilities in the US if not mitigated,…

Hamza Fareed Malik