Bitcoin mining update: May 5th - May 12th

What happened in the bitcoin mining industry over the past seven days?

Welcome to the first edition of our weekly update on the bitcoin mining industry.

This recurring Thursday update will cover the most important happenings in the space, the operations of the public bitcoin mining companies, as well as sharing the week’s most exciting and educational content on bitcoin mining.

Let’s jump into the first edition, shall we?

Weekly happenings in the mining industry

Last Wednesday, a group of environmental NGOs sent a letter to the White House calling for the US Government to implement stricter regulations on bitcoin miners. The letter was signed by Greenpeace, which leads Ripple's co-founder Chris Larsen's $5 million "Change the Code" advertising campaign to get Bitcoin over on proof-of-stake.

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