Mining

Swedish equipment brand Sandvik announced a new battery electric surface drill rig in a bid to create more efficient, cost-effective drilling operations. And, yes – the irony here is delicious! In fairness, plenty of drill operations use permanent grid connections (read: wired plugs) t operate their drillers – and there are plenty of reasons to drill that don’t involve oil and gas extraction. That said, it’s got to absolutely kill the “drill, baby, drill” people to see highly efficient electric drill…

Free crypto mining apps for 2024 and beyond to mine and earn cryptocurrency Cryptocurrency mining is the process of using computational power to verify transactions and create new units of digital currency. Mining can be a lucrative way to earn cryptocurrency, but it also requires specialized hardware, high electricity costs, and technical skills. However, with the advent of free crypto mining apps, anyone can participate in the mining process using their mobile devices. These apps allow users to mine various…

23andMe is in a death spiral. Almost everyone who wants a DNA test already bought one, a nightmare data breach ruined the company’s reputation, and 23andMe’s stock is so close to worthless it might get kicked off the Nasdaq. CEO Anne Wojcicki is on a crisis tour, promising investors the company isn’t going out of business because she has a new plan: 23andMe is going to double down on mining your DNA data and selling it to pharmaceutical companies. Why Bitcoin won’t reach $1,000,000“We now have the ability to mine the…

Hello and welcome back to TechCrunch Space. We’re just two days away from Intuitive Machines’ first-ever mission to the moon. Pro-tip: If you haven’t already, check out this ultra thorough press kit on the mission — the company goes into a ton of detail about the lander architecture, the payloads on board and everything that will happen during the mission. Want to reach out with a tip? Email Aria at [email protected] or send me a message on Signal at 512-937-3988. You can also send a note to the whole…

Respected US Institute of Peace expert, Tom Sheehy, discusses the complex issues surrounding critical minerals in Africa, including the role of China and the need for responsible mining practices. In the shadows of the African mining sector, a complex web of great power competition, security concerns, and conflicting interests unfolds. Amidst this backdrop, the fate of critical minerals hangs in the balance, shaping not only the continent’s development but also the delicate balance of geopolitical power. In an…

The current cryptocurrency mining market suffers from many problems, including usability complexity for miners, environmental concerns, security and fraud risks, and reliability and performance issues. Most notably, there are also limitations in geographical coverage and service quality, and the need for a comprehensive solution has long been felt. Luckily, Simple Miner, a relatively new endeavor, has poised itself to enhance the user experience, environmental sustainability, security, and global reach of the…

Rivian’s all-electric R1T pickup looks even better in neon green. The R1T is more than an electric truck. It’s an adventure vehicle built for “whatever you call a road.” Its latest venture will go where most wouldn’t dare, as the Rivian R1T will be used to charge up the mining industry. Rivian R1T and electric commercial van for mining The Rivian R1T can cruise through 3+ feet of water, rock crawl at a 100% grade, and tow up to 11,000 lbs, but can it be used for mining? Australia’s EV…

A collaboration between Hitachi Construction Machinery and ABB Traction to build a massive, fully electric dump truck for extreme duty operations has reached a key stage with the completion of their first prototype. The plan to convert Hitachi’s fleet of 2500 HP EH4000 244-ton diesel mining trucks to electric drive was originally announced back in 2021, with ABB looking at the job site from an unusual perspective. It wasn’t about the work that needed to get done, in a sense – it was about managing…

On a sweltering July evening, the din from thousands of computers mining for bitcoins pierced the night. Nearby, Matt Brown, a member of the Arkansas Legislature, monitored the noise alongside a local magistrate.As the two men investigated complaints about the operation, Brown said, a security guard for the mine loaded rounds into an AR-15-style assault rifle that had been stored in a car.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and…

Quebec has lifted the veil of secrecy around the province's biggest water users, revealing that billions of litres of water are withdrawn yearly by the mining and metal industry, along with pulp and paper manufacturing.The data dump, which includes records going back a decade, also lists golf clubs, ski hills, water bottling plants and food processors among the companies that are withdrawing tens of millions — sometimes hundreds of millions — of litres in a year.The records don't specify the quality or amount of water…