Chinese Officials Make New Efforts to Shut Down Bitcoin Miners
The energy authority in China is reminding grid operators to scan for mining activity, and many provinces have responded by scheduling inspections to clear out the remnant of miners in their regions.
What Is a “Carbon Negative” Bitcoin Block Anyway?
A miner has been advertising their blocks as "carbon negative." Here's a breakdown of what that means and what a "carbon negative" block looks like in practice.
Bitcoin Miners Earned 23K BTC in June, Down 27% From New Year
Bitcoin miners earned just over 23,000 BTC in June as longer-than-normal block times cut deep into the mining reward schedule.
Bitcoin Difficulty Adjustment Experiences 28% Drop, Largest Ever As Miners Exit China
Bitcoin's mining difficulty just saw its largest reduction ever, a historic event that reflects a watershed time in Bitcoin's mining industry as hashrate flees China for other countries.