Español
PortuguêsGridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The…
Continue ReadingThe cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange…
Continue ReadingThe difficulty adjustment can decrease profits for miners as the difficulty increases just as newer, more efficient hardware is released. This is an opinion editorial by Alex, a bitcoin miner…
Continue ReadingLast month, the provincial energy regulator was asked to reallocate 270 megawatts that was set aside for cryptocurrency mining. The Québec government’s utility company, Hydro-Québec, has requested the reallocation of…
Continue ReadingCompanies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities…
Continue ReadingThe crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department…
Continue ReadingA bill that would create new licensing and electricity purchase requirements has been sent on to a third vote. Kazakhstan is moving forward with regulation that will further stifle its…
Continue ReadingThe Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia. The Russian central bank continues to…
Continue ReadingCEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity. The depths of a bear market may not be the best time to raise…
Continue ReadingThe country did not pass a bill that would have clarified rules regarding the cost of electricity imposed on bitcoin miners. The Paraguay legislature did not pass a bill that…
Continue ReadingBitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners. Tough market conditions continue to affect the Bitcoin (BTC) ecosystem as mining difficulty…
Continue ReadingThe mining company focuses on rural communities in East Africa and intends on increasing electricity and energy access for the region. Gridless, a bitcoin mining company that is focused on…
Continue ReadingOn Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion…
Continue ReadingAlthough hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month. Riot Blockchain has released its unaudited production and…
Continue ReadingBitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts. Bitcoin (BTC) starts its first full week of December at…
Continue ReadingLitecoin (LTC) was among the few bright spots for the crypto market which had to endure the negative effects of the collapse of the FTX exchange platform. In the midst…
Continue ReadingTexas combines plentiful and relatively low-energy prices with free enterprise, according to the lawmaker. United States Senator Ted Cruz wants to make the American state of Texas an oasis for…
Continue ReadingBitcoin miners seem to be giving up on the prospect of holding the maiden crypto for long-term profit as they continue to sell large sums of the digital coin. According…
Continue ReadingRussia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict…
Continue ReadingBitcoin and the entire crypto market bleed due to many challenges that have befallen the industry. From the Terra crash and continuous interest rate hikes to FTX implosion, the market…
Continue ReadingAnswering the question ‘Who has/had the oldest mined Bitcoin?’ an anonymous member shared a signature dating back to January 2009, just a week after Bitcoin came into existence. Online forums…
Continue ReadingOn Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining…
Continue ReadingSam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted. Crypto mining company Genesis Digital Assets was the biggest venture investment made by Alameda Research,…
Continue ReadingWhile bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the…
Continue ReadingBitcoin miners are upping sales, but BTC price metrics hint that a relief rally could be next. Bitcoin (BTC) is entering a prime “low-risk bottom” zone as sellers finally accept…
Continue ReadingMiners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy. Cryptocurrency miners in Russia appear to be unbothered…
Continue ReadingAuthorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with…
Continue ReadingDuring the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin…
Continue ReadingLitecoin (LTC) continues to prove its doubters wrong as it weathers the ongoing crypto winter in an impressive way, painting its charts in green and posting significant price increases during…
Continue ReadingThe collapse of the crypto exchange FTX is causing a historic event in the Bitcoin market. Yesterday, on-chain data signaled the second wave of a Bitcoin miner capitulation in one…
Continue ReadingBitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction.…
Continue ReadingMany crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’…
Continue ReadingBitcoin miners face a shakeout, one metric warns as the November monthly close looms for BTC. Bitcoin (BTC) prepares to exit a grim November just above $16,000 — what could…
Continue ReadingMayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat…
Continue ReadingThe total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s…
Continue ReadingBitcoin, considered the largest cryptocurrency in terms of market capitalization, will be exiting the month of November with trading prices that are significantly lower than what it had the same…
Continue ReadingA moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be…
Continue ReadingLaw enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and…
Continue ReadingAs expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of its kind and raises far-reaching questions. Specifically,…
Continue ReadingThe Australian mining firm has had to unplug hardware that was producing “insufficient cash flow” to service its “debt financing obligations.” Australian Bitcoin mining firm Iris Energy is the latest…
Continue Reading