Cryptomining
Latest about Cryptomining

Crypto Mining Rigs Hidden in Polish Court Building to Steal Electricity
By Mark Tyson published
Criminals have been caught stealing power for running cryptomining gear under the floors and in ventilation ducts of the Supreme Administrative Court in Warsaw, Poland.

Bitcoin Price Surged 20% During the Past Week, GPU Mining Remains Dead
By Mark Tyson published
The valuation of BTC cryptocurrency spiked above $35,000 today, propelled by hopes that the SEC would green-flag ETF investments, but GPU mining is still a long way from being viable.

Cryptomining Booms in Russia Despite US Sanctions
By Anton Shilov published
Bitmain and MicroBT expanding their shipments to Russia as U.S. market gets saturate.

Samsung's First 3nm GAA Chip Found in Cryptominer
By Anton Shilov published
China-based MicroBT uses Samsung's 3 nm process technology for the Whatsminer M56S++ mining ASIC.

Cryptominers Repurpose GPU Farms Amid AI Hardware Shortage
By Mark Tyson published
Some GPU cryptomining outfits, having survived a bleak winter of discontent, have started to grasp AI acceleration opportunities.

U.S. Bitcoin Mining Consumed 50 Billion kWh of Energy in 2022
By Francisco Pires published
The White House's recently-published DAME tax proposal report brings to light estimates showing that national Bitcoin mining consumed more power than all of the United State's computers combined.

Biden Budget Proposes 30% Electricity Tax on Cryptomining
By Brandon Hill published
The Biden Administration wants to crack down on high energy consumption from cryptomining operations.

Nvidia CTO: Cryptocurrency Adds Nothing Useful to Society
By Anton Shilov published
GPU processing power can be used for much more useful things than mining cryptocurrencies, Nvidia CTO says.
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