1.

At its March 12 conference in Chengdu, Bitmainland highlighted the ANTSPACE water-cooled container, which integrates hydronic cooling technology into mining operations and can accommodate up to 210 ANTMINER water-cooled miners. In addition Bitmain also launched the S19 XP Hyd water-cooled miner with hashrate 255T, power consumption 5304W and energy efficiency ratio 20.8J/T.

2.

According to community feedback, with the Bitmain Ant mining machine L7 shipping one after another, the recent Wrightcoin network-wide hashrate has risen, with the last 15 days hashrate up by nearly 20%. Data from the coin mining network shows that the daily net gain of one L7 is about 85 RMB.

3.

Bitcoin's network-wide difficulty was reduced by 0.35% on March 18, the first time since July 2021 that the mining difficulty was reduced twice in a row, and by 1.49% on March 4. The current network-wide hashrate is around 205 EH/s, with US mining pool Foundry hashrate leading the pack, nearly 30% ahead of the second-place Ant pool.

4.

The border guards of Kazakhstan's State Security Committee seized a shipment of digital currency mining equipment with a total value of about 80 million tenge (about $157,000) that was trying to be smuggled into Russia by truck. In addition there are a number of prominent political and business figures involved in cryptocurrency mining, including the brother of the former president.

5.

Shanghai Chongming District People's Court heard a case in which the defendant Zhu illegally controlled a total of 25 computers for online "mining" to obtain "ethereum". The defendant, Zhu, illegally controlled a total of 25 computers for online "mining" to obtain "ethereum", gaining illegal benefits of more than RMB 16,000. The defendant, Zhu, was sentenced to 11 months in prison and a fine of 5,000 yuan for the crime of illegal control of computer information systems.

6.

Hashrate Index：Introducing the Bitcoin mining industry in Oklahoma, USA. Located in northern Texas, Oklahoma is a small state in northern Texas that bears a striking resemblance to Texas, with abundant energy resources, a well-established oil and gas industry, cheap electricity and a local government focused on attracting investment and job creation. These and other features make Oklahoma a promising hotbed for bitcoin mining in 2022 and beyond.

7.

Bitcoin miners Red Dog and BrightRidge in Nashville, Tennessee, USA, are facing a civil lawsuit seeking to shut down the miners. This is allegedly because residents in the area are suffering from noise from the mining site. The lawsuit began on Monday (local time) and could take up to three days to reach a verdict.（Decrypt）

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8.

BitNile announced that its subsidiary, BitNile, Inc. has formed a new division, BitNile Mining Solutions (“BMS”). BMS will focus on the sourcing and sales of cryptocurrency miners and related equipment and offering additional blockchain infrastructure services（Business Wire）

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9.

Crypto Miners Argo Blockchain and Core Scientific announce miners swap agreement. The fleet swap agreement published will see Core take delivery of Argo’s existing Bitmain Antminer S19 bitcoin miners already hosted at Core. Argo will receive Core’s previously ordered fleet of Bitmain Antminer S19J Pro bitcoin miners（TheBlock）3

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10.

Bitfarms has announced the acquisition of new land and a building located in Canada to establish a new bitcoin mining facility. The facility, which has been called “Garlock,” will serve as a replacement for phasing out the de la Pointe facility, and it will supply 18 MW of power for conducting mining operations.

The new facility will be located in a remote area, and will be equipped with “the latest in sound reduction and monitoring technology.” The total price of the investment Bitfarms is putting into this new facility is around C$2.25 million ($1,760,000) and 25,000 common share purchase warrants.（Bitcoin.com）

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11.

Bit Digital has deployed 39% of Its crypto mining rigs in north America, included 10,462 bitcoin miners and 712 Ethereum miners. According to the company's official sources, it holds a total of 27,744 bitcoin mining machines and 731 ethereum mining machines by the end of 2021, with another 10,000 machines ordered from Bitmain last October.

In addition, Bit Digital disclosed that it mined a total of 240.57 BTC in Q4 2021 due to miner migration and redeployment of miners, down significantly from the 695.96 BTC mined in Q4 2020.（Coindesk）

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12.

Recently, the Development and Reform Bureau of Suqian City, Jiangsu Province, Suqian District, jointly with various departments and operators to carry out special activities for the remediation of virtual currency "mining", verification of key enterprises, to further strengthen supervision and comprehensive cleanup of "mining" behavior.

13.

Riot Blockchain（RIOT）sees this year as the “year of consolidation in the bitcoin mining industry" and expects the company to potentially benefit from such a trend.

The miner said it is "continuously evaluating strategic opportunities," which it may decide to undertake as part of its strategic growth initiatives, company said in a Securities and Exchange Commission (SEC) filing on Tuesday.

The miner reported 2021 revenue of $213.2 million, which is up 1,665% from 2020 and beat average analyst estimates of $211.06 million, according to FactSet data.

The company reported a net loss of $7.9 million in 2021, versus a net loss of $12.7 million in 2020. Riot also increased the bitcoin held on the balance sheet by 353% in 2021, compared to 1,078 in 2020. On March 3, the miner said it held about 5,783 self-mined bitcoins as of end of February.

Furthermore, the miner reiterated its expectations of reaching a 2022 hashrate of 12.8 exahash per second (EH/s). By comparison, its peer Marathon Digital said it expects to reach a hashrate of 23.3 EH/s by early 2023.（CoinDesk）

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14.

A report by Arcane Research indicates that publicly listed Bitcoin miners are “constantly looking for expansion opportunities,” as they “plan to increase hashrate faster than the whole network in 2022.”

44.95% of the global hash rate derives from North American miners, according to the latest figures from the Cambridge Bitcoin electricity consumption index. With the massive projected increases in target hash rate among the publicly traded Bitcoin miners, it‘s “likely to increase.”（Cointelegraph）

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15.

As the chairman of O’Shares ETFs, O’Leary was quick to take issue with the climate initiatives discussed in the order. He was so taken aback by the verbiage that he ultimately sold all his shares in associated crypto mining companies, as he’s certain these firms will become quick targets of the Biden administration.

In an interview, he stated: It wasn’t an all-out ban, so that’s good news, but there is a huge landmine in that order for bitcoin miners.

There are climate discussions outlined in the executive order, and these discussions are aimed primarily at companies that mine bitcoin and digital currencies. What this bill is basically saying is that we’re going to start considering climate in cryptocurrencies. Now, that’s really bad news because all of these bitcoin miners use carbon credits to offset their so-called use of carbon.

There is no known way in which these companies can be audited, which puts them at a humongous disadvantage.（Livebitcoinnews）

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