Bitcoin Miners And Oil Producers To Discuss Crypto-Mining Opportunities
Last week, Bitcoin miners and oil producers met in Houston to discuss the possible opportunities for on-site digital mining. They meet in-vehicle warehouse, which served as their point of encounter to examine these opportunities. The meeting had over 200 investors in attendance to deliberate on an alliance aimed at favoring both parties. Related Reading | […]
Related News
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more efficient management of their resources and miners could take advantage of direct sources of energy that would be wasted otherwise.
Oil Producers and Miners Meet to Talk Bitcoin Mining
Several oil producers and bitcoin miners met last week in Texas to talk about the possibilities of on-site....
Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines. Local sources report that authorities from the city of Baoshan in the Chinese province of Yunnan are escalating efforts to crack down on Bitcoin miners, ordering electricity producers to cease supplying power to the city’s miners.On Nov. 30, Chinese crypto reporter Colin Wu tweeted that several miners had informed him of the ban, sharing what appear to be scanned copies of official documents issued to power....
Please discuss in this Bitcointalk thread! Two media releases were sent out today indicating that Netherlands based Mining ASICs Technologies (MAT) has emerged as the potentially heaviest hitter in the ever growing ASIC Mining arena: a 6 TH/s machine that consumes upwards of 6500W for a price of €6,999. Not only is MAT planning to offer the most powerful and energy efficient Bitcoin ASICs to date, they are also going to develop Scrypt Miners. This marks the first ASIC mining company that is offering both SHA-256 and Scrypt mining solutions in an attempt to capture the general Cryptocoins....
Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces. Bitmain, a Chinese manufacturer of cryptocurrency mining equipment, has been forced to stop its business in China from Oct. 11 following the crypto ban imposed by local authorities.In addition to China’s blanket ban on crypto operations, the company has attributed the move to stop shipping Bitcoin (BTC) and cryptocurrency mining rigs as a response to China’s carbon-neutral policies. According to Bitmain’s announcement: “From October 11, 2021, Antminer will stop shipping to....
En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.