Tag: Bitcoin Miners

Elon Musk Says Tesla Will Resume Accepting Bitcoin When Miners Confirm 50% Clean Energy Usage

Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start…

China’s Qinghai Province Instructs Bitcoin Mining Operations To Shut Down

Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in…

Canaan Expects $250M Revenue In Q2 — Yields And Mining Rig Deliveries To ‘Increase Substantially’

The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least…

Crypto Proponents Become Skeptical Of Closed-Door Meeting Between Billionaires And Bitcoin Miners

After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like…

Elon Musk Convinces Miners To Form ‘Bitcoin Mining Council’ To Promote Renewable Energy Usage

Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives…

Bitcoin Mining Operations Btc.top And Hashcow Cease Offering Services In China

Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two…

Amid Stern Warnings From China Crypto Firms Huobi And Okex Halt A Few Services

On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday,…