1.
Guangzhou Huangpu Customs recently seized 49 sets of second-hand crypto currency Ant mining machines with fake names in the shipping channel, according to a report by China News Network. According to China Customs February 7 microblogging: Recently, Wuhan Customs opened and inspected an export shipment declared as "server", and found that the shipment was actually 46 crypto currency mining machines.
2.
Intel disclosed details of its mining chip BonanzaMines at ISSCC with a 7nm chip, still a first-generation product, and did not disclose details of the second-generation product, wccftech reported in detail. The first generation product was quietly launched back in 2018.
Intel revealed the Bonanza Mine System, which contains 300 BonanzaMine ASICs and can access 40 THash/s while consuming 3600W of power. But it also says that the system can achieve higher rates if needed. Intel likened the BonanzaMines to the Bitfury Clarke and Canaan Avalon A9 during the conference. The BonanzaMine System is shown performing 55 J/TH at 47.7 TH/s, while the Bitfury Clarke reaches 40 THash/s at 56 J/TH and the Canaan Avalon A9 does 30 TH/s at 58 J/TH.
In contrast, Bitmain's latest miner, the S19XP, uses a TSMC 5nm chip with 150TH/s of arithmetic power and 3225W of power consumption, with an energy efficiency ratio of 21.5J/TH. WuBlockchain has disclosed that Intel's second generation mining chip products can reach an energy efficiency ratio of around 35J/TH, and currently has orders from Argo Blockchain, BLOCK (formerly known as Square) and GRIID Infrastructure. BLOCK (formerly known as Square) and GRIID Infrastructure order.
3.
According to the Huaxia Times, many places issued about the crypto currency "mining" activities to adopt differential electricity price policy, Zhejiang government said that "mining" is still not allowed, and the document is for the punished enterprises need to pay the added price of electricity during the illegal behavior. The policy does not mean that "mining" under high electricity rates will be legal, but that if it is discovered, the cost of previous mining will be calculated according to the differential pricing policy and banned.
4.
The latest proposal from the European Union's Economic and Monetary Affairs Committee wants to ban crypto services based on "environmentally unsustainable consensus mechanisms". The final decision on the draft will be made in Parliament on February 28. If adopted, this could mean that POW mining will not be allowed in the EU from January 1, 2025.
European Parliament economics committee member Stefan Berger said the government body had canceled a vote on the Markets in Crypto Assets, or MiCA, framework scheduled to take place on Monday. Berger said parliament needed to clarify “the question of proof-of-work” in discussions with stakeholders to ensure a proper legal framework. This comes after many lawmakers and regulators in the EU have been calling for a ban on POW mining.（Cointelegraph）
5.
Mass Daily: Shandong Province Development and Reform Commission issued a Notice on matters related to crypto currency "mining" electricity differential tariff policy (draft for comment) to solicit opinions from the public. According to the notice, the proposed crypto currency "mining" electricity implementation of differential tariffs, the rate of increase of 2 yuan per kilowatt-hour (including tax). Previously, Zhejiang, Inner Mongolia, Hainan were added 0.5, 1, 0.8 yuan.
6.
Recently, the Development and Reform Commission of Shandong Province issued the "Notice on the establishment of the rectification of crypto currency "mining" activities reporting phone", announced the rectification of crypto currency "mining" activities supervision and reporting phone.
7.
In protest of the war launched by Russia, FlexPool said it will cancel its services to all Russian IPs and pay the outstanding balance, apologizing to Russian miners for this. FlexPool is currently ranked fourth among Ether mining pools. Top 10 Bitcoin mining pool Slush Pool announced the launch of hashrate donation accounts, starting with 10BTC with 2.5P hashrate. The mining pool says its parent company, based in Prague, Czech Republic, has a long history of Russian occupation, which is the reason for their action.
8.
Canadian cleantech bitcoin miner MintGreen has signed a 12-year contract to provide heat to North Vancouver's district energy system through their new "digital boiler" (which recovers more than 96% of the electricity used for mining) to heat commercial and residential buildings, bitcoinmagazine reports. heating commercial and residential buildings. They have previously led the waste reuse sector by selling heat from mining to local breweries and sea salt distilleries.
9.
Kazakh Ministry of Energy on Monday reported that regulators have discovered 13 illegal cryptocurrency mining farms in Kazakhstan. The ministry said the discovery was made within five days of inspections and the total energy consumption was estimated at 202 MW. These mines are currently prohibited from operating.（Daily Nigerian）
10.
Crypto mining operations based in the United States are committed to increasing their hash power with more hardware. The Marathon Digital Holdings and GEM Mining companies said this week that they each expect the size of their respective operations to grow through 2022 by at least doubling the number of machines at their facilities.
Marathon Digital’s vice president of corporate communications Charlie Schumacher said in an interview that it is moving forward with plans to deploy 199,000 new machines by 2023 to secure what is “arguably the future of the global monetary system.”
GEM Mining CEO John Warren said via email that it “plans to have 32,000 miners online by the end of 2022.”（Cointelegraph）
11.
Glassnode data shows that Ethereum miner revenue just reached a 18-month low of $202,766.09. Previous 18-month low of $220,757.87 was observed on 18 October 2020.
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