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Channel address: @mining_crypto_miner
Categories: Cryptocurrencies , Mining , Crypto News
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The latest Messages 10

2022-10-08 22:29:02
Grayscale announces new wing to invest in Bitcoin mining

Grayscale
Investments announced the launch of Grayscale Digital Infrastructure Opportunities LLC (“GDIO”), a Bitcoin mining hardware co-investment opportunity. The company intends to acquire mining equipment at cheaper prices during the crypto winter by utilising its connected staking infrastructure firm, Foundry, as reported by Cointelegraph.

According to Bloomberg, the fundraising is expected to be finished by the end of the year and will provide liquidity equivalent to private equity or infrastructure assets with a three-to-five-year investment horizon. Accredited investors must meet certain criteria in terms of income, net worth, qualifications, and financial market understanding. institutional accredited investors for a minimum commitment of $25,000.

Source

t.me/Mining_Crypto_Miner
204.2K views19:29
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2022-10-07 14:50:27
Ukrainian agricultural company AgroGloryTime shows their first results fighting against the global food crisis.

Successfully paid The first dividends on the AGTI token in USDT at a rate of about 150% per annum
Further, according to the model, profitability decreases

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Which will be announced after the completion of purchases 1.10
Around 15.10

Who buys AGTI before 1.01 will receive the first payments already on 1.04

Buy token http://AgroGloryTime.io

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SUPPORT UKRAINIAN AGRICULTURE
HELP OVERCOME THE FOOD CRISIS
News https://t.me/AgroGloryTime

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Buying instructions https://t.me/instruktions_agti
301.7K views11:50
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2022-10-07 14:35:05
Bitcoin's Total Network Hashrate Hits an All-Time High at 321 Exahash per Second

According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET) at around 303.87 (EH/s).

On Wednesday, at block height 757,214, statistics from coinwarz.com shows Bitcoin’s total hashrate reached an all-time high (ATH). BTC’s network hashpower data indicates that the last hashrate ATH was recorded on September 11, 2022, at block height 753,647, when it reached approximately 301.87 EH/s. Before the jump over 300 exahash, the network’s hashrate reached a prior ATH on June 8, 2022, at block height 739,928 reaching 292.02 EH/s.

Source

t.me/Mining_Crypto_Miner
326.1K views11:35
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2022-10-06 15:07:02
Bitcoin Mining Might Be As Grave As Oil Drilling For Earth

Bitcoin
has come a long way since its inception in 2008, becoming the most popular and valued cryptocurrency of all time. But with time, its inefficiencies were also exposed -- lack of consumer protection leading to money laundering and black market trading.

Mining Bitcoins could be worse than extracting gold and is as bad as industries related to cattle farming and crude oil. At least that’s what the latest study published in the journal Scientific Reports suggests. The research comes from the University of New Mexico challenging the claims that crypto mining is becoming more sustainable.This process involves high computing prowess, and cracking the equation first means getting rewarded with a Bitcoin. As the blockchain grows, the calculations get more complex.

Source

t.me/Mining_Crypto_Miner
500.7K views12:07
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2022-10-05 20:53:02
Argentina's State-Owned Energy Company Moves Into Crypto Mining

YPF
, Argentina's state-owned energy company, is supplying power to an undisclosed international crypto mining company, the firm said on Sunday. The renewable energy arm of YPF – YPF Luz – three months ago commenced a 1 megawatt (MW) pilot operation that provides power generated from waste gas left over from oil production.

The project is located in southern Argentina, in an area known for its shale oil and gas resources called Vaca Muerta (Dead Cow). The company plans to open a second pilot – this one 8MW in size – before the end of the year, Mandarano said. “We started to develop this generation pilot for cryptocurrency mining with a vision of sustainability and business from flare natural gas, which cannot be harnessed during exploration and at the beginning of the production of an oil field,” Mandarano added.

Source

t.me/Mining_Crypto_Miner
314.9K views17:53
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2022-10-04 16:10:03
Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months

Bitcoin
miner Merkle Standard, which has a joint venture with Bitmain, one of the world’s largest bitcoin mining rig manufacturers, increased its total computing power or hashrate to 3.1 exahash (EH/s) from about 0.3 EH/s over the last eight months. The privately held miner has brought an additional 40 megawatts (MW) of mining capacity.

The crypto winter has clearly been rough for miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. However, some miners, such as Merkle, have continued to build up their facilities during the bear market to solidify their position when the market eventually turns. according to a statement on Monday. The site will be mining bitcoin (BTC) using Bitmain’s latest mining rigs.

Source

t.me/Mining_Crypto_Miner
469.8K views13:10
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2022-10-03 22:13:02
Bitcoin mining difficulty drops 2% after reaching all-time high in last adjustment

The
mining difficulty reading, which marked the first decline in about two months, was at 31.36 trillion, as of block height 756,000, the data showed. The difficulty level, which changes about every two weeks, had been on the rise since its Aug. 4 adjustment. It rose to an all-time high of 32.05 trillion on Sept. 14.

Bitcoin mining difficulty is a measure of how hard a miner has to work to verify transactions in a block to add to the blockchain, or “dig out” Bitcoins. Bitcoin’s seven-day average hashrate was at around 222.1 exahashes per second on Wednesday, down from a seven-day average of 231.1 exahashes on Sept. 14 when the previous difficulty adjustment occurred, Blockchain.com data showed. Bitcoin was trading at US$19,345 at 3:20 p.m. on Thursday in Hong Kong, up 3.5% in the past 24 hours.

Source

t.me/Mining_Crypto_Miner
320.5K views19:13
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2022-10-02 18:22:02
Kazakhstan Presents First Draft Law on Crypto Mining

Kazakhstan is looking to regulate and welcome the cryptocurrency industry as it recently presented its first draft law on cryptocurrencies. The Central Asian nation’s recent draft law which seeks to provide the proper framework for crypto regulation covers the areas of cryptocurrency mining.

Kazinform, an international news agency based in Kazakhstan, first reported the development Thursday. According to the report, the crypto draft law was prepared by deputies of the Kazakh Mäjilis. The Mäjilis is the lower house of the parliament of Kazakhstan. Speaking on the bill, a member of the Committee for Economic Reform and Regional Development of the Mäjilis, Smyshlyaeva Ekaterina Vasilevna shared more insight on the nature of the bill, its necessity, and the growing need for proper regulation within the crypto sector in Kazakhstan.

Source

t.me/Mining_Crypto_Miner
312.4K views15:22
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2022-10-01 16:40:03
Bitcoin Mining in USA Causes as Much Pollution as 6 Million Cars

According
to the information from multiple environmental groups, U.S. Bitcoin mining was responsible for causing three times more pollution than the country’s biggest coal plant. This points toward the potential long-term damages that would be caused to the environment in the future by mining Bitcoin.

Also, the Bitcoin miners have contributed to the prolonged life of the fossil fuel plants, pushed up electricity rates, strained power grids, and fallen severely short on promises of jobs-related benefits for the local community. The concern is that with the efforts to reduce the carbon footprint in all walks of life, Bitcoin mining could very well reverse that process with such levels of pollution. China already banned Bitcoin mining in 2021. This resulted in a whopping 27.4 million tonnes of emissions in the past year due to Bitcoin mining in the U.S.

Source

t.me/Mining_Crypto_Miner
439.1K views13:40
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2022-09-30 18:23:02
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners

According
to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.”

Bitdeer is setting up a fund to purchase assets from financially distressed bitcoin miners, according to statements Matt Kong made to Bloomberg’s David Pan. Bitdeer is a crypto mining operation backed by former Bitmain CEO Jihan Wu and the company just recently purchased a large-scale vault in Singapore. Bitcoin and cryptocurrency miners, in general, have been suffering from the crypto winter’s downturn.

Source

t.me/Mining_Crypto_Miner
309.2K views15:23
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