mining | ABS-CBN News

US now top bitcoin mining hub amid crackdown in China

Coco Feng, South China Morning Post
Posted at Oct 14 12:47 PM

The Cambridge Bitcoin Electricity Consumption Index shows China’s crackdown on bitcoin has successfully pushed mining activities to other countries. Read more »

Bank of China pledges to end funding for foreign coal mining and power plants

Echo Xie, South China Morning Post
Posted at Sep 26 08:44 AM

Bank of China is the first state-owned commercial bank to make such a pledge after President Xi Jinping's recent speech to the UN. The Chinese leader promised the country would stop building overseas coal-fired plants. Read more »

Home-centric lifestyles to stay post-pandemic: Facebook

Art Fuentes, ABS-CBN News
Updated as of Sep 24 01:35 AM

Home-centric lifestyles in Southeast Asia will continue even after the pandemic recedes and movement restrictions are eased, Facebook said. Read more »

206 pass August 2021 mining engineer licensure exams

ABS-CBN News
Posted at Aug 16 07:28 PM

MANILA — The Professional Regulation Commission (PRC) announced Monday that 206 out of 274 passed the Mining Engineer Licensure Examination given this month. Read more »

Crypto-mining operation uncovered at Polish police headquarters

Agence France-Presse
Posted at Jul 31 07:15 AM

"A civilian employee, not a police officer... attempted to steal electricity to mine bitcoin," police spokesman Mariusz Ciarka told the TVN24 news channel. Read more »

Suspended mayor insists: Mining impacts agriculture in Brooke's Point

ABS-CBN News
Updated as of Jul 28 12:02 PM

Brooke's Point Mayor Mary Jean Feliciano said Wednesday she was opposed to mining operations in her town because it would affect the livelihood of her constituents who depend on agriculture. Read more »

Crypto crackdown: Malaysian police steamroll bitcoin machines

Agence France-Presse
Posted at Jul 23 01:13 PM

Malaysian police hit on a novel way to dispose of more than 1,000 bitcoin-mining machines seized in raids: they crushed the devices using a steamroller.  Read more »

THE DAY IN PHOTOS: July 22, 2021

ABS-CBN News
Updated as of Aug 16 03:05 PM

Here are the day's top stories in photos. Read more »

Tesla mints nickel deal with Aussie mining giant

Agence France-Presse
Posted at Jul 22 03:29 PM

Anglo-Australian mining firm BHP said Thursday it had reached a deal to provide Tesla with supplies of nickel -- a metal vital in producing high-powered batteries for electric cars.   Read more »

Kalikasan seeks moratorium on mining

George Calvelo, ABS-CBN News
Posted at Jul 22 01:54 PM

Manila Police District personnel disperse members of the Kalikasan People’s Network for the Environment (Kalikasan PNE) during a protest in Mendiola, Manila on Thursday.  Read more »

Palace confirms OceanaGold mine contract renewal

ABS-CBN News
Posted at Jul 15 07:30 PM

The Philippine government has renewed Australian-listed OceanaGold Corp's contract for its Didipio gold and copper mine, Malacañang confirmed on Thursday, despite earlier concerns from provincial officials.  Read more »

Miner trapped in tunnel for more than 10 hours rescued in Davao de Oro

ABS-CBN News
Posted at Jul 09 03:43 AM

A 28-year-old man trapped in a collapsed tunnel was rescued early Friday in Purok 12, Barangay Mainit, Nabunturan town.  Read more »

China's crypto-miners look abroad as regulators tighten noose

Agence France-Presse
Posted at Jun 24 08:45 PM

When a prefecture in northwestern China's Xinjiang region ordered a halt on cryptocurrency mining projects this month, Chris Zhu scrambled to move clients' machines southward, spending over a week to reassemble in Sichuan.   Read more »

Cryptocurrencies tumble amid China crackdown on bitcoin miners

Reuters
Posted at Jun 21 05:50 PM

Cryptocurrencies tumbled on Monday as China's crackdown on bitcoin mining expanded to the province of Sichuan. Read more »

Does money grow on volcanoes? El Salvador explores bitcoin mining

Reuters
Posted at Jun 10 08:52 AM

El Salvador's President Nayib Bukele said on Wednesday that he has instructed state-owned geothermal electric firm LaGeo to develop a plan to offer bitcoin mining facilities using renewable energy from the country's volcanoes. Read more »

PHOTO ESSAY: Indonesian tin miners target the ocean as reserves dwindle on land

Photos by Willy Kurniawan, Reuters; Text by Fransiska Nangoy, Reuters
Updated as of Jun 08 01:46 PM

Indonesia is the world's biggest exporter of tin used in everything from food packaging to electronics and now green technologies.But deposits in the mining hub of Bangka-Belitung have been heavily exploited on land, leaving parts of the islands off the southeast coast of Sumatra island resembling a lunar landscape with vast craters and highly acidic, turquoise lakes. Read more »

MGB: Cargo ship na maghahakot ng higit P9.7-M iron ore sa CamNorte, walang permit

ABS-CBN News
Posted at May 28 09:27 PM

Dahil sa kawalan ng permit mula sa MGB, umalis na lamang nitong Huwebes sa karagatan ng Paracale ang barko na hindi nahakot ang nasa mahigit P9.7 milyong halaga ng iron sand. Read more »

Bitcoin mining can wane in China as green concerns, financial risks ramp up pressure

Yujie Xue, South China Morning Post
Posted at May 26 01:12 PM

Beijing is ramping up the pressure on bitcoin miners amid growing green ambitions and rising concerns over the financial risks posed by cryptocurrencies. Cryptocurrency mining operations have already been targeted by a number of Chinese municipal and provincial governments, and pressure set to intensify. Read more »

Crypto miners halt China business after Beijing cracks down, bitcoin tumbles

Reuters
Posted at May 24 06:25 PM

Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny.   Read more »

THE DAY IN PHOTOS: May 20, 2021

ABS-CBN News
Updated as of Aug 16 03:23 PM

Here are the day's top stories in photos.  Read more »