Tag: mining

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Jack Dorsey’s Block backs bitcoin mining firm bringing affordable electricity to Africa

The three co-founders of Gridless at one of their mining sites in Kenya.Erik HersmanACCRA, GHANA — Up until February, Janet Maingi didn't think...

New York governor signs law cracking down on bitcoin mining

These machines, known as mining rigs, work round the clock to find new units of cryptocurrency.Benjamin Hall | CNBCNew York Gov. Kathy Hochul...

Bitcoin mining in Lebanon earns this 22-year-old $20,000 a month

Ahmad Abu Daher repairing mining equipment in the basement of a home in Zaarouriyeh.Ahmad Abu DaherIt takes a lot to keep a grassroots...

How ethereum’s merge made crypto mining more sustainable

After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new...

Bitcoin miner Core Scientific filing for bankruptcy, will keep mining

Core Scientific's 104 megawatt Bitcoin mining data center in Marble, North CarolinaCarey McKelveyCore Scientific, one of the largest publicly traded crypto mining companies...