Business

'Halving' arrives for bitcoin miners

The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money.

Business

Bitcoin miners face survival test in 'halving'

Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.

Business

Improving miner problems with safety research

In the search for safer working conditions in the mining sector, a recent review published in the International Journal of Mining and Mineral Engineering has highlighted what might become a rich seam for future safety endeavors. ...

Energy & Green Tech

Chile on green hydrogen investment hunt in Europe

Chile is embarking on a European hunt for investors in solar, wind and green hydrogen technologies as it looks to decarbonize copper mines and other industries reliant on fossil fuels.

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Mining

Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or (coal) seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock salt and potash. Any material that cannot be grown through agricultural processes, or created artificially in a laboratory or factory, is usually mined. Mining in a wider sense comprises extraction of any non-renewable resource (e.g., petroleum, natural gas, or even water).

Mining of stone and metal has been done since pre-historic times. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials and finally reclamation of the land to prepare it for other uses once the mine is closed.

The nature of mining processes creates a potential negative impact on the environment both during the mining operations and for years after the mine is closed. This impact has led to most of the world's nations adopting regulations to moderate the negative effects of mining operations. Safety has long been a concern as well, though modern practices have improved safety in mines significantly.

This text uses material from Wikipedia, licensed under CC BY-SA