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Intel is planning a presentation in the "Highlight Chip Releases" category on Feb. 23 to outline the new "Bonanza Mine" processor, which it bills as an "ultra-low voltage power-efficient bitcoin mining ASIC." Intel says it has been working on SHA 256-optimized ASICs for years.
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On January 18, Bitmain released the latest water-cooled mining machine S19Pro+ Hyd, with a computing power of 198T, an energy efficiency ratio of 27.5J/T, and 5445W.
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Xi'an Evening News on January 19: The reporter learned from the Shaanxi Provincial Development and Reform Commission that our province has set up a reporting platform for virtual currency "mining" activities to give full play to the role of public supervision and improve the reporting channels for problem clues. The reporting platform for virtual currency “mining” activities in Shaanxi Province accepts reports as follows: Virtual currency “mining” companies that pretend to be data centers to enjoy preferential policies in taxation, land, electricity prices, etc.; provide venues for companies engaged in virtual currency “mining” Enterprises or individuals that provide services such as leasing; enterprises that obtain electricity supply through illegal means and engage in virtual currency "mining" activities; other enterprises and Internet cafes that conduct "mining" in various hidden forms.
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Erik Thedéen, vice-chairman of the European Securities and Markets Authority, told the Financial Times that bitcoin mining has become a "national problem" in his native Sweden, calling for a blanket ban on proof-of-work mining at EU level. Relevant Swedish government departments have repeatedly issued calls to ban POW.
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BIT Ming (formerly 500.com) announced on January 19 that the company's Ohio mine in North America is currently under construction, of which 50MW of power load has been completed. At present, the theoretical computing power of the BTC mining machines deployed by the company is about 491.5 PH/s, and the daily production of coins is expected to be about 2.56 BTC; the theoretical computing power of the deployed ETH mining machines is about 4747.2 GH/s, and the daily production of coins is expected to be about 72.29 ETH.
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North American mining giant Core Scientific has been officially listed on Nasdaq, and its market capitalization ranks first among mining companies. As of the end of 2021, Core Scientific operated approximately 67,000 miners (6.6 EH/s) for third-party hosting customers and over 80,000 (6.9 EH/s) self-operated miners. Core Scientific holds nearly 5,300 bitcoins on its balance sheet.
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On January 22, according to the official website of Yuchi, the bitcoin mining machines below Antminer T15 (such as Innosilicon T2T, Avalon 1026, Antminer S11, Antminer S9, etc.) have all broken through and shut down based on the electricity fee of 0.1 US dollars per kilowatt-hour. Price, electricity accounted for more than 100%.
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The Security Service of Ukraine (SSU) is taking action against potential threats to Ukraine's energy security. In an operation in Odessa, the SSU dismantled a clandestine cryptocurrency mining farm that was stealing vast amounts of electricity from a state-owned critical infrastructure.
The center was organized by two residents of the area. Crypto miners are installed in warehouses leased by the city. Criminals convert some of the proceeds into foreign currency and transfer them abroad through third parties. They also keep the remaining digital currency in their virtual wallets.
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Star investor Kevin O'Leary has unveiled plans to invest in mining stocks. In an interview with Anthony Pompliano, O'Leary shared his recent experience looking for ways to invest in Bitcoin mining in the Middle East. According to him, investors in the Middle East are looking for “sovereign mining operations.”
O'Leary also predicted that in the next 2-3 years, sovereign funds may decide to invest in Bitcoin mining. However, he also noted that the funds would select miners using sustainable energy sources. Due to environmental controversy, the eco-friendliness of a mining operation is a crucial deciding factor for investors.
According to previous reports, on January 11, an individual miner with a computing power of only 126 TH won a block reward of 6.25 BTC, worth more than 260,000 US dollars. The block height of this Bitcoin block is 718124. (Beincrypto)
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On-chain data shows that on January 17, a single ETH miner (2Miners: SOLO) dug out a block and won a block reward of more than 170.65 ETH, worth about $540,000, and the block height was 14020509. This is very lucky for the miners, although similar situations have happened to Bitcoin miners before, which is extremely rare.
According to previous reports, on January 11, an individual miner with a computing power of only 126 TH won a block reward of 6.25 BTC, worth more than 260,000 US dollars. The block height of this Bitcoin block is 718124. (Beincrypto)
11、
The Bitcoin Mining Council (BMC) released its Q4 findings on Jan. 18, and according to new data, the percentage of the global Bitcoin mining industry using renewable energy increased by 1% to 58.5% by Q4 2021 . The survey focuses on three indicators: sustainable electricity mix, technical efficiency and electricity consumption. (Cointelegraph)
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Australian encryption mining company Mawson Infrastructure Group stated that its operating computing power exceeds 1 EH/s, and is expected to reach 1.1 EH/s by the end of January, which will be about 38% higher than the computing power in November 2021. According to data analytics firm Glassnode, as of Jan. 18, Mawson’s computing power was about 0.6 percent of the Bitcoin network’s computing power (162.6 EH/s). Mawson also stated that its daily Bitcoin output is 5.8 BTC, and it is expected to increase its computing power to 3.35 EH/s in the second quarter of 2022 and 5 EH/s in the first quarter of 2023. (CoinDesk)
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The Syktyvkar City Court, the capital of the Komi Republic in Russia, ruled that a local resident operating an underground crypto mining farm was guilty of electricity theft for illegally connecting to a nearby substation. The district prosecutor's office said in a press release on Tuesday that the man had operated the mining facility for at least five years, using 1.3 million kilowatt-hours of unpaid electricity to mine digital currencies, with the stolen electricity worth about 5.7 million Russian rubles (approx. $75,000). The unidentified man was sentenced to two years of probation for admitting in court to mining activities between 2015 and 2020, the announcement said. (news.bitcoin)
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Australian crypto mining company Iris Energy (IREN) has signed a partnership agreement with utility service provider AEP Texas to add 600 MW of power capacity to its crypto mining farm in Texas, according to documents filed with the U.S. Securities and Exchange Commission (SEC). The total capacity is increased to 765 MW (approximately 22 EH/s). Iris Energy paid $19 million in bond and connection fees. The Texas data center is expected to be powered on in the first quarter of 2023. (CoinDesk)
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According to the "Notice on Further Preventing and Dealing with the Risk of Hype in Virtual Currency Transactions" issued by the central bank and other departments, the content of this article is only for information sharing, and does not promote or endorse any operation and investment behavior. Readers are requested to strictly abide by the laws and regulations of the region and do not participate in Any illegal financial conduct. Wu said that without permission, it is forbidden to reprint or copy the content, and those who violate it will be investigated for legal responsibility.
According to the "Notice on Further Preventing and Dealing with the Risk of Hype in Virtual Currency Transactions" issued by the central bank and other departments, the content of this article is only for information sharing, and does not promote or endorse any operation and investment behavior. Readers are requested to strictly abide by the laws and regulations of the region and do not participate in Any illegal financial conduct. Wu said that without permission, it is forbidden to reprint or copy the content, and those who violate it will be investigated for legal responsibility.
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