mining
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Business
Pacific Seabed Mining Delayed as International Agency Finalizes Rules
The start of industrial-scale undersea mining to extract metals for automotive batteries from the bottom of the Pacific Ocean was…
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Business
Why Deep-Sea Mining Is the Next Battleground in the Energy Transition
Demand for the metal used in electric car batteries has soared, setting off an international race for deep-sea mining. And…
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Cryptocurrency
Bitcoin mining difficulty sees 7% uptick in 11th such rise this year
quick take Bitcoin mining difficulty has recently undergone an upward adjustment of over 7%. This remarkable shift marks the 11th…
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Cryptocurrency
Vanguard’s investments in Bitcoin mining firms Marathon, Riot approach $620M
In two filings dated July 10, Vanguard Group increased its investment in bitcoin mining firms Marathon Digital Holdings and Riot…
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Business
Lithium Scarcity Pushes Carmakers Into the Mining Business
Not wanting to fall further behind Tesla and Chinese automakers, many Western auto executives are bypassing traditional suppliers and spending…
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Cryptocurrency
Russia eyes crypto mining legalization by 2024
According to Anatoly Aksakov, chairman of the State Duma Financial Markets Committee, Russia could legalize cryptocurrency mining as early as…
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Cryptocurrency
Mining pools used by criminals to funnel stolen funds into exchanges
June 15th, Chainalysis report Cybercriminals are abusing mining pools to mix criminal proceeds with newly mined cryptocurrencies. The report noted…
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Cryptocurrency
Is the US 30% Bitcoin mining tax dead?
In a significant development, the controversial Digital Asset Mining Energy (DAME) consumption tax latest The Fiscal Responsibility Bill aims to…
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Cryptocurrency
Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines
Bitcoin (BTC) miner Canaan reported a 3.3% increase in mining revenue in the first quarter, according to a report on…
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Business
Australia Tries to Break Its Dependence on China for Lithium Mining
Deep in the Western Australian countryside, Pilbara Minerals’ sprawling processing plant rises above red soil, quivering with its massive lithium…
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