Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bitcoin mining is becoming vastly more decentralized in 2021
Bitcoin (BTC) has become considerably more decentralized in the past year, one metric suggests — and the trend is growing. According to data from on-chain data resource Blockchain, hash rate distribution is increasingly favoring small…
NFTs: An unlikely yet efficient solution to mining centralization
Non-fungible tokens (NFTs) saw their first boom as digital art. Later, they exploded as on-chain collectibles, and now, they see a third surge in the blockchain gaming industry. However, due to their nature, NFTs hold great potential for much more…
Canadian border town suspends Bitcoin mining over aesthetic concerns
Massena, a town along the New York border with Canada has placed a temporary suspension on new Bitcoin (BTC) mining operations in the area. According to a report by the Associated Press on Friday, Massena Town city officials mandated the 90-day…
A Startup Plans to Mine the Ocean Floor. It Could Be a Disaster.
Despite the potential riches, more time is needed to study the potential impact on the least resilient ecosystem on the planet. The sea floor between Hawaii and Mexico is covered in potato-sized rocks that contain many of the metals necessary to…
AquaFi ($AQUA) | Universal Liquidity Mining Protocol (Overview, Opportunities, and Obstacles Ahead)
Like most adventures, the first few steps in every new journey are usually the most exciting. Filled with wide-eyed optimism and sunny skies ahead, it's hard not to get carried away with the endless possibilities in front of us. While these…
Mine achieves massive earnings boost after employing four more people
JOHANNESBURG (miningweekly.com) – Guided by a value driver tree (VDT) study, an opencast mine increased its earnings massively after employing four additional operators at comparatively negligible cost. The operation's earnings before…
Viridi Funds Launches RIGZ Cleaner Energy Crypto-Mining ETF
Viridi Funds has launched the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF, focused on investments within the cryptocurrency mining and mining infrastructure industries. The launch comes amid renewed criticism about Bitcoin's enormous…
Why ocean mining could endanger your tuna sandwich
With demand for dozens of metals surging worldwide, companies are racing to develop machines capable of digging up the seabed hundreds of miles offshore. Among those leading the charge is a Canadian company, The Metals Company, which wants to…
BHP signs conditional port services deal for Jansen potash mine
TORONTO — BHP Group has reached conditional agreement with a unit of Westshore Terminals Investment Corp. for port services for the global miner's proposed Jansen potash mine in Canada, the terminal operator said late on Thursday, moving the…
Aluminum: The Car Industry's Blind Spot
Maciré Camara, a widow and mother of five, is a farmer in Diakhabia, a village in the Boké region of Guinea, West Africa.[1] Walking through Camara's community, it's hard to imagine the connection between the global car industry and…
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U.S. equity funds see biggest outflow in six weeks -Lipper
July 23 (Reuters) - U.S. equity funds recorded a large net outflow in the week to July 21, as rising COVID-19 infections caused by the Delta variant of the coronavirus revived fears of renewed shutdowns and an economic slowdown. According to…
Grills Are the Latest Fad in a Scorching IPO Market
The searing market for newly public companies has a new obsession: grills. Two leading sellers of outdoor grills and grilling accessories, Weber and Traeger, both filed paperwork for initial public offerings earlier this month, while online…
Future of Umstead State Park uncertain: Advocates question mining permit change
RALEIGH (WTVD) -- The William B. Umstead State Park attracts more than a million visitors a year. The wooded trails winding near creeks offer a haven for many in the heart of Wake County. Former Wake County commissioner Ervin Portman is one of the…
Evolution Mining's Klein on Northern Star Deal
Jake Klein, Executive Chairman at Evolution Mining, discusses the company's plans to buy Kundana assets from Northern Star Resources for A$400M cash. He speaks with Rishaad Salamat and Haslinda Amin on 'Bloomberg Markets: Asia'. (Interview occurred…
Rerating: Top 50 mining companies double in value from covid low
Measured from the height of the pandemic in March-April last year, the index has added a stunning $754 billion amid a debate about whether the industry is at the start of a supercycle to be measured in decades or just a post-pandemic boomlet caused…
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