Hut 8, two months after announcing its partnership with Bitfury, is preparing to be listed on the TSX Venture Exchange prior to expanding mining ops.
An Icelandic lawmaker has suggested imposing a new tax on the bitcoin miners that are flocking to the country.
Samsung has confirmed it is now manufacturing cryptocurrency mining chips after reports earlier this week.
Samsung is manufacturing bitcoin mining chips in partnership with an unidentified Chinese firm, according to an Asian news report.
China's crypto mining pool ViaBTC increases its maintenance fee ratio for AntMiner S9 cloud mining contract, citing mining resource scarcity in China.
Cheap and abundant electricity, cold weather and a stable political climate are making the Canadian province attractive to bitcoin mining operators.
Long-term, the incentives bitcoin creates may drive efficiency and green energy solutions in the crypto world and even spur them in the wider economy.
Bitcoin is looking weak today after prices failed to hold above $17,000 levels at the weekend.
However, regulators in China reportedly plan to withdraw preferential benefits such as tax deductions and cheap electricity available to mining firms.
Giga Watt, a startup that held an ICO to fund a bitcoin mining facility, is being sued for allegedly conducting an unregistered securities offering.