1、

Hashrate Index: The November update of North American listed mining companies indicates that the profit window brought about by China’s crackdown on mining has closed: the average BTC income per T in July was 0.00000904BTC/TH, in August it was 0.00000882BTC/TH, and in September it was 0.00000882BTC/TH 0.00000693 BTC/TH, 0.00000643 BTC/TH in October, and 0.00000574 BTC/TH in November.

2、

Marathon disclosed the amount and quantity of recent purchases, including 78,000 Bitmain Antminer S-19 XP mining machines, worth US$879.06 million, in six batches, with 13,000 units shipped per month from July 2022 to December 2022. Marathon will also pay Bitmain in batches, 35% of the total amount will be paid within two days after the purchase contract is signed, 35% of the single shipment price will be paid at least six months before each shipment, and at least one The remaining 30% is paid monthly. (The Block)

3、

Nasdaq-listed AGMH Group Holdings (AGMH.US) (hereinafter referred to as "AGMH") announced that it has delivered 1,335 cryptocurrency mining machines to Midland International Education Group (METX.US). An Gaomeng claims to be one of the few companies engaged in the production of encryption chips and encryption mining machines. (Phoenix Network)

4、

According to sinarharian, the Malaysian police successfully cracked down on the electricity theft in the largest bitcoin mining operation around the Manjung district on Wednesday, seizing 1,720 bitcoin machines worth RM3.5 million. Previously, the video of the Malaysian police crushing and destroying mining machines went viral on the Internet. On the other hand, there are a large number of stealing electricity mining in Malaysia.

5、

Recently, the People's Court of Gaotang County, Shandong Province heard a service contract dispute case caused by the "mining" of Chia coins in the first instance, and found that the contract was invalid according to law, and ruled to reject the plaintiff's claim for the return of service fees. It is reported that this case is the first case in the city to find that the network "mining" contract is invalid. The defendant provided the P disk service to the plaintiff. Afterwards, the plaintiff claimed that the defendant did not complete the service within the agreed time limit, and sued the court for refund of all service fees. The court held that the plaintiff and the defendant signed the "CHIA Technical Service Contract" and entrusted the defendant to provide P disk services for the purpose of participating in the "mining" of the Chia coin network, which is a virtual currency-related business activity. The activity involves violations of financial security, market order, and national macro policies, affects social and public interests, and violates public order and good customs, and should be deemed invalid. Therefore, the plaintiff's request for the defendant to return the service fee was not supported by the court.

6、

Iranian authorities have again asked licensed miners to suspend their activities as a precaution against power shortages during the cold winter. Iranian electricity generation, distribution and transmission company Tavanir recently directed authorized cryptocurrency mining centers to unplug their power-hungry hardware.

Tavanir spokesman Mostafa Rajabi Mashhadi said Iran's energy ministry had been working since last month to reduce the use of liquid fuels in power plants. The official detailed that cutting off power to licensed crypto mining farms was part of a series of actions that also included turning off street lights in safer areas at night and strictly monitoring consumption.

The utility believes the measures will help prevent potential outages during winter when electricity demand is higher. Mashhadi added that Iran's power plants had managed to save some fuel over the next few months, but also stressed that consumers should be cautious about their gas and electricity usage. (Bitcoin.com)

7、

According to Glassnode data, the revenue of Ethereum miners reached $2,657,771.42 in December, a one-month low.

8、

Blockchain analysis firm Glassnode’s latest chain last week reported that there has been a shift in miner behavior over the past two years. Newer, more powerful chips have improved operational efficiency, and the expansion of miners to North America has made it easier for many miners to obtain working capital through cheap debt and company equity. The typical miner of 2021 is tougher than past generations of miners.

Once, miner wallets would regularly sell stable bitcoins, this has shifted since 2019, with miners now depositing mining revenue into their wallets more than before.

As a group with a natural incentive to sell, nine out of ten of the total Bitcoin supply has been distributed to miners in just under 13 years. If miners pile up bitcoins for a long time and evolve into "hoarders", it may become very difficult for people to obtain new bitcoins in the future.

Brendler sees upside for all six miners covered in his research, as he expects such stocks to return better than through bitcoin itself. However, MARA was his first choice. The stock has been one of the hardest hit, largely due to what he called "misplaced concerns" about the U.S. SEC probe.". Brendler has a Buy recommendation on MARA stock with a 12-month price target of $65.

Other miners that Brendler sees as Buy ratings include Core Scientific, Riot Blockchain (RIOT), Stronghold Digital Mining (SDIG), Hut 8 Mining (HUT) and Argo Blockchain (ARGO). (Coindesk)

9、

Gem Mining, a bitcoin mining company founded by former U.S. Marine Corps officer and former South Carolina governor candidate John Warren, has increased the number of mining machines it deploys by more than 4,000, and currently has 13,118 active mining machines. Up to 1.25 EH/s.

The company is currently producing 6.5 bitcoins per day and has fully funded a purchase order for another 19,000 mining machines, which are expected to go live by the end of 2022. According to the statement, GEM Mining has produced more than 560 bitcoins since February.

Earlier news, John Warren established Gem Mining after raising more than $200 million in institutional capital. This is a 92% carbon neutral, institutional-grade Bitcoin mining company based in Greenville, South Carolina. (Bitcoin Magazine)

10、

The Kazakh government is discussing a plan to build a nuclear power plant that could help the country provide electricity to the bitcoin and cryptocurrency mining industry for an extended period of time.

Kazakhstan Energy Minister Magzum Mirzagaliyev said, "We have made a forecast of national electricity production and consumption until 2035. We clearly see the need to build a nuclear power plant in order to provide electricity to our population and our economy."

While Kazakhstan’s energy minister did not directly mention BTC and cryptocurrency mining, his colleagues have mentioned it before when talking about expanding the power grid due to power outages caused by mining. The government sees the industry as a growth engine, but with the national grid still reliant on coal-fired power plants for 70 percent, the government concedes nuclear expansion may be the only way forward.

Kazakhstan's energy minister has warned that the proposed nuclear power plant "will be able to meet the country's future electricity needs" but will take up to 10 years to complete construction. (Cryptonews)

11、

According to local Iranian media reports, regulated companies mining in Iran will receive green energy. It is reported that Tehran’s Ministry of Energy has passed new rules that allow factories that use renewable energy to power mining companies that operate according to the law. “Legal miners can enter into agreements with renewable energy power plants on negotiable terms and rates,” said the head of the Tavanir division responsible for the mining industry. He also stressed that the Energy Ministry would play a role in determining the exact tariffs. (bitcoin)

12、

A few days ago, Tyler Page, CEO of Cipher Mining, said in an interview with Yahoo Finance that 2021 is still a historic year for Bitcoin mining. The overall market value of companies in this field has increased significantly, and the total income paid to miners is close to 16 billion US dollars. 2022 will be the year of execution for miners with ambitious plans thanks to sizable profits and massive capital inflows. (finbold)

13、

On Dec. 31, Canadian bitcoin miner Bitfarms secured a $100 million bitcoin-backed loan from blockchain and cryptocurrency financial services provider Galaxy Digital Holdings. According to a statement, the miner has already withdrawn $60 million at an interest rate of 10.75% per annum for a six-month period and expects to withdraw more in the coming months.

According to the "Notice on Further Preventing and Dealing with the Risk of Hype in Virtual Currency Transactions" issued by the central bank and other departments, the content of this article is only for information sharing, and does not promote or endorse any operation and investment behavior. Readers are requested to strictly abide by the laws and regulations of the region and do not participate in Any illegal financial conduct. Wu said that without permission, it is forbidden to reprint or copy the content, and those who violate it will be investigated for legal responsibility.

According to the "Notice on Further Preventing and Dealing with the Risk of Hype in Virtual Currency Transactions" issued by the central bank and other departments, the content of this article is only for information sharing, and does not promote or endorse any operation and investment behavior. Readers are requested to strictly abide by the laws and regulations of the region and do not participate in Any illegal financial conduct. Wu said that without permission, it is forbidden to reprint or copy the content, and those who violate it will be investigated for legal responsibility.